Baazex posted:
Trading should be done with proper technical knowledge , demo account trading experience , good capital on hand ,good risk management skills and trading goals should be very clear trader should cut off on the basis of market conditions.
Nice Explanation! You have basically summed up everything in one line which is required for trading.
Yea, I can see that happening but sometimes the outcomes can be right but that is very low. Trading should be done when you are confident but not too overconfident and having a proper understanding on what is going to happen. Basically you have to clear your head and have a clear trade.
Feb 02 2020 at 14:46
Success in trading depends on a large number of indicators, but if you are willing to work on yourself and learn new strategies, if you are not afraid to make a mistake and try again, then you will definitely succeed and have a good income.
Wrathdragon posted:
Success in trading depends on a large number of indicators, but if you are willing to work on yourself and learn new strategies, if you are not afraid to make a mistake and try again, then you will definitely succeed and have a good income.
True, that passion and determination is a prerequisite to succeed as a trader.
This resource has a lot of interesting things. But each trader needs to choose a specific strategy and try to remake it to his own style.
Feb 25 2020 at 14:48
Johannes33865 posted:
This resource has a lot of interesting things. But each trader needs to choose a specific strategy and try to remake it to his own style.
I support your thought
Johannes33865 posted:
This resource has a lot of interesting things. But each trader needs to choose a specific strategy and try to remake it to his own style.
That's totally correct. Trading as per one's own style and identity and not merely following someone, is very important in forex
Sep 08 2020 at 22:13
Stop loss is important factor in trading. Trader should have good understanding of support and resistance level to place good SL order.
Shifting of stop loss happens when a person doesn't know how price works. They remain fearful after opening a trade. A person need to learn how to trade. He also needs to know When to trade when not to trade. Otherwise it will happen again and again.
