May 15 2020 at 07:31
Adribaasmet
Agreed
eleonorashatik posted:
loss is a very good thing if you want to learn. Demo loss doensn't mean anything - but try to treat your demo account as your real! it will help you in the future, believe me!
Demo is the key to learning forex. Man who trades on demo will succeed. man who trades live will lose his hat
Rohtas posted:eleonorashatik posted:
loss is a very good thing if you want to learn. Demo loss doensn't mean anything - but try to treat your demo account as your real! it will help you in the future, believe me!
Demo is the key to learning forex. Man who trades on demo will succeed. man who trades live will lose his hat
Yes, I agree demo trading is a key to learn Forex and we must trade with demo for atleast three months to get some good experience which can help us to be a good with live trading later.
Demo is good to test your strategies. I think it should be the first step before going live.
Jul 08 2020 at 10:41
sometimes in spite of having most powerful analyzing risk management trading can be useless , because there is nothing 1005 in Forex trading , its all about luck , i feel sometimes.
Fernando9 posted:
Demo is good to test your strategies. I think it should be the first step before going live.
It definitely should be. Every beginner should do demo trading to start.
Jul 09 2020 at 07:27
Smith88 posted:Fernando9 posted:
Demo is good to test your strategies. I think it should be the first step before going live.
It definitely should be. Every beginner should do demo trading to start.
And that too for significant time.
Jul 14 2020 at 12:28
As defeating as losses feel, how we react to lose that is more important than the loss itself, As defeating as losses feel, how we react to lose that is more important than the loss itself I would suggest you have a plan, Make a detailed action plan for future trades, Stop trading: Take a break to figure out what went wrong and also Accept responsibility: You made the loss; be sure to own it.
Aug 24 2020 at 21:32
Mohammadi posted:
There is nobody who is able to reduce loss completely from this volatile trading place, but taking some major steps it can be reduced sometimes. If we can manage our risk when trading practically then it is possible to reduce loss form before. So, we have to emphasis on risk management policy besides acquiring good trading knowledge.
Thats true. Trader should always use minimum 1:2 risk reward ratio. If your wining trade less that losing, it still bring you the profit.
Loss is a part of forex trading. You can not avoid loss trade fully. That's why you need to manage your risk. You need a good risk reward rario strategy with decent winning percentage. Most people don't bother about risk management. As a result lose a lot of money.
