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Successful trading

Imamul による Feb 28, 2019 at 13:26

You need to be well-educated about trading, have a good trading plan, practice risk management, etc. AND have an account with a reliable broker with decent costs in order to truly be successful. Without one or the other, you're bound to fail.

99 Replies 5,769 視聴

HeavLeighGill26 Jan 10, 2022 at 15:31による最終投稿

Beginners Greed

Roberto21 による Sep 19, 2019 at 10:26

Sometimes beginners with some learning is better than with no learning. Beginner with some learning think they are expert and will not only lose their money but go on forums and tell everyone their bad ideas

107 Replies 6,646 視聴

windpower Jan 10, 2022 at 14:22による最終投稿

METHOD OR DISCIPLINE?

Kevin1628 による Oct 24, 2021 at 08:20

Both are significant and they contribute to your trading results equally much. That is why there should be no differentiation between which side to move. You need to be knowledgable and self-disciplined at the same time, otherwise, your trading will be unpredictable and there will be lots of losses which are sure to kill your trading account.

32 Replies 2,142 視聴

Dunaud Jan 07, 2022 at 19:37による最終投稿

New Trader

djstick による Jan 25, 2021 at 23:05

If you are new to trading, you'd better not start with trading bots and algotrading. You shouldn't have the illusions that trading bots are able to become the source of passive income, They should always be controlled because of the fact that they can ruin your budget very easily and fast. More than that, there is no perfect trading bots in...

48 Replies 3,495 視聴

Fredriksen Jan 07, 2022 at 19:22による最終投稿

New and undisciplined traders

UweMoench による Jan 10, 2021 at 16:52

There can be lots of mistakes in the very approach to trading of the beginner. I do totally agree with the statement that high expectations may ruin your budget quite easily and fast. That is why before coming to forex everyone should understand that they need to work really hard to achieve success, otherwise, they will definetely and inevitably fa...

32 Replies 2,250 視聴

Bobolyis Jan 07, 2022 at 19:02による最終投稿

Really? Long term is worth the wait?

SophieB による Jul 07, 2017 at 06:17

Whether it’s trading or investing, financial markets are always very uncertain and you can never truly predict whether holding on a trade will be worth it or not. However, if you plan to employ long term strategy in your trading then it’s a good idea to fundamentally analyse the pairs and the underlying economies thoroughly.

73 Replies 4,843 視聴

kroxobor Jan 06, 2022 at 05:17による最終投稿

Strategy Survey

Osikemhekhai による Oct 16, 2021 at 11:19

No strategy is ever 100% accurate or perfect. The quicker you can accept this reality of trading, the quicker you will start to see the results.

3 Replies 545 視聴

LyudmilLukanov Jan 04, 2022 at 07:04による最終投稿

Most traders are impatient

Michihito による Dec 27, 2020 at 09:26

Most traders are impatient and want to see results immediately. They get discouraged when they do not see the profits they expect and give up too soon. Successful traders have the patience to wait for the right opportunity and to take advantage of it when it arises.

28 Replies 2,325 視聴

shortant Dec 31, 2021 at 05:17による最終投稿

Spreads

tradingjules による Mar 03, 2021 at 02:42

I always choose a broker according to its spread. Too high spreads, as well as too low are suspicious for me. Trading principles are not so important.

19 Replies 1,620 視聴

Akasuki Dec 31, 2021 at 02:16による最終投稿

To be a gainer

UweMoench による Dec 21, 2020 at 12:12

Only those people who have learned and practice well in forex would be able to make good profit in forex. Others would just try to earn by luck and would usually have more losses than profit.

17 Replies 1,177 視聴

Akasuki Dec 30, 2021 at 08:21による最終投稿

Over trading is a bad habit

UweMoench による Jan 03, 2021 at 07:19

Among all the bad habits, over-trading can be very costly for a trader. There’s this general assumption that the more you trade, the more chances you have to make profits. Sadly, it is often ignored that winning is never guaranteed and it’s possible that the majority of your trades can go wrong. The best is to not take unnecessary trade...

24 Replies 2,214 視聴

pipham Dec 30, 2021 at 04:39による最終投稿

People come into trading

UweMoench による Jan 17, 2021 at 11:40

People come into trading with all kinds of false hopes. They think that one day they will make one big trade which can earn them such a huge profit allowing them to comfortably live their life later on without any need to earn money. There is a special role of marketers in reinforcing this unrealistic belief. Traders believe they can directly jump ...

12 Replies 987 視聴

pipham Dec 30, 2021 at 04:34による最終投稿

Becoming a Forex Expert requires

Michihito による Mar 02, 2021 at 11:37

I see maximum novice traders try to make money without learning! That’s the main reason of having the 95% statistic! Without knowledge, I mean trading knowledge- Forex is impossible!

38 Replies 2,841 視聴

UweMoench Dec 30, 2021 at 04:29による最終投稿

zero spread brokers needed

woolkan による Feb 22, 2021 at 16:06

i am convinced that zero spread is a myth even if there are some brokers who offer to claim 0 spread but people should understand that their commission is already peaked up. So better go with low spread brokers like fxview, icm or pepperstone may be. Do look out for swaps as well.

58 Replies 4,243 視聴

Gabriel99 Dec 29, 2021 at 10:45による最終投稿

Your Gain

siya1989 による Oct 02, 2020 at 08:06

Making consistent profit is not so easy. you need to have proper knowledge and experience.

19 Replies 1,432 視聴

SteveHanks Dec 29, 2021 at 06:00による最終投稿

There are three things

Michihito による Dec 08, 2020 at 13:28

Proper knowledge is very necessary to survive in this market.

18 Replies 1,483 視聴

SteveHanks Dec 29, 2021 at 05:23による最終投稿

myfxbook is doing a great job

manager による Aug 23, 2010 at 08:42

The account tracking tools are very useful and insightful for sure. Enjoy coming into the forum too.

31 Replies 2,550 視聴

sebking1986 Dec 28, 2021 at 11:12による最終投稿

What type of trader you are?

Dictiony による Apr 29, 2020 at 07:44

Scalping in money management gives traders the freedom with a small target, but dropped out when a few pips profit only, and this can make convenient and secure capital

47 Replies 2,960 視聴

UweMoench Dec 28, 2021 at 03:12による最終投稿

Many traders think stop loss

UweMoench による Mar 10, 2021 at 14:58

I don’t see trading without a stop loss a problem. The purpose of a stop loss is to minimise risk. It’s part of risk management. All beginners shouldn’t trade without a stop loss.

25 Replies 1,903 視聴

Nakedize Dec 27, 2021 at 05:52による最終投稿

Is math important for trading?

UweMoench による Dec 13, 2020 at 11:33

Math is important. You won’t be able to understand anything if you don’t know basic math. But you won’t enter trading if you don’t know what profit means. If you know what profit is, you definitely know addition, subtraction, multiplication and division. If you know this much it should be enough. You also don’t need to...

40 Replies 3,716 視聴

davemack Dec 24, 2021 at 03:52による最終投稿

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