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Posts by forex_trader_795593
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What leverage do you all use?
in
New Traders
Oct 25, 2019 at 12:31
Usually, I go safe with 200x-300x.
Forex Courses
in
New Traders
Oct 24, 2019 at 04:03
Personally, I always read from babypips school courses. It is very helpful. You can also learn from youtube videos and of course trying trading in demo.
Emotion in Fx
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New Traders
Oct 24, 2019 at 04:02
It is very important to preserve the emotion while trading. Stay disciplined and try not to be overcome by the success or loss in trading.
Successful trading
in
General
Oct 16, 2019 at 08:09
Very true! Good broker ensures good services giving you good profits if you already know how to trade and vice versa.
Learning and earning
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General
Oct 14, 2019 at 05:19
It is a definite for any trader to learn. Learning helps to make everything much more understanding. Newbie traders learn to get familiar with the trading process while experienced traders learn how to get even better than before.
Psychology of Forex Trading
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General
Oct 14, 2019 at 05:17
We tend to let the emotions get the best of ourselves if thing are not going in our ways, so it is important to accept the loss and try to learn the mistake from it rather than getting upset like a child.
There is no short cut way.
in
General
Oct 10, 2019 at 03:38
I agree that there is no shortcut to the success to many famous people. They worked hard to get where they wanted to be. And yes, you are right about new trader jumping into trading without learning the basic first. It is like skipping your high school and jumping to university directly. Unrealistic and impossiblle.
Forex is profitable ?
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General
Oct 10, 2019 at 03:34
It definitely is. But it doesn't come without you sacrificing most of your time in trading with studying and reading the variables and having a mindset of patience, determination while accepting the loss as a lesson. That way, when you win at some point, it feels like everything was possible and you feel like the efforts you made was the reason why you were able to win and obtain profits. It is profitable in not only financial sense but also mentally and physically.
Money Management
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General
Oct 09, 2019 at 12:06
It is one of the techniques that each and every trader should focus and nurture it.
When to stop.
in
General
Oct 09, 2019 at 12:04
I have seen some comments stating that some random stop loss is a way. Never ever do a random stop loss because it is like randomly study a part of topic thinking it will surely coming in the exam while ignoring other, as a result, you get a poor grade. That is like with random SL. Randomly setting SL leads to potential loss.So for me, I always put the SL based on the market conditions and risk management.
Stop Loss
in
General
Oct 09, 2019 at 12:00
I couldn't agree more. Stop Loss is very important tool that really help most of us to avoid the potential risky loss while trading. But having a fixed SL is not a wise choice. Just set it according to the pair's movement along with risk study.
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