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electrica333
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New traders love scalping
一般
の中
Sep 06, 2022 at 11:28
Scalping is popular among new traders because it allows them to enter and exit a market quickly, making numerous small trades in the hope of making profits over and over again from relatively small price changes,
DO you get scared over drawdowns?
一般
の中
Sep 05, 2022 at 10:53
One should always be prepared for facing tough situations in trading, and some of these points might help during drawdowns :1.Be prepared to experience larger drawdowns in trading so your mind is prepared and there is no sudden shock, one should always keep possibilities.2.Reduce risk by trading smaller when you're in a drawdown.3.Put your trades on hold until you reach the point where you will stop, and don't worry about the drawdown until you reach that point.
How much should you invest in trading
一般
の中
Sep 05, 2022 at 10:51
In my opinion, beginners should not take too much risk and after they have gained experience, they can decide what is best for them.
You need sound mind
一般
の中
Sep 03, 2022 at 09:55
The ability to control your mind is crucial in trading, I agree.
Successful Traders Mindsets
一般
の中
Sep 02, 2022 at 10:05
Successful traders have :Realistic expectations.They calculate risk.Lots of patience.Never give up attitude.
Is a demo account really neccassary?
新規トレーダー
の中
Sep 02, 2022 at 10:02
To begin with, I believe that demo accounts are necessary for experimentation, as they enable us to prevent unfortunate losses and risks when dealing with real money. Also, we get to learn our hands on trading and various tools involved.
Demo can not make you well experienced
一般
の中
Sep 02, 2022 at 09:59
Yes, trading experience from a real account is counted more specifically, since strategies for real money develop differently than for virtual money.
How long does it take one to be consistently profitable with forex trading
新規トレーダー
の中
Sep 02, 2022 at 09:54
Getting profit out of forex trading entirely depends upon the trading style and understanding of the person because for some it may take years and for some even 2 months are enough, so there's no time bar as such but only lots of learning.
Books or Videos - Which one is better for learning?
新規トレーダー
の中
Sep 02, 2022 at 09:52
Videos help me with co-relating and learning new things since they provide us with good explanations and understanding from their own perspectives.
Consistency is the brick
一般
の中
Sep 02, 2022 at 09:50
Yes, consistency is really important because then only we will get some results. Rapid changing of strategies brings no good because we kill the time of performance for our particular trade due to lack of patience.
Different approaches of trading
一般
の中
Aug 31, 2022 at 09:12
That’s so true. In the Forex market the only way to find one’s own direction and strategy is by learning and customizing the skill sets to achieve the trading goal.
Basic mistake we make
一般
の中
Aug 30, 2022 at 06:27
Yes, I agree that the basic mistake revolves around confidence and skills. Correct information with practical implementation gives positive outcomes . Also, sometimes the traders want to trade faster because of greed that really messes up everything.
Is Forex risky?
一般
の中
Aug 30, 2022 at 06:24
I believe with great risks come great rewards but in trading one should also know when to stop even if they have good knowledge and skills because it’s better to be at none than to be in loss.
Is trading hard?
一般
の中
Aug 30, 2022 at 06:24
Trading is hard if the person doesn't have the basic knowledge and jumps in the market to trade, that will for sure bring losses. The difficulty level of trade depends upon one’s abilities solely which gets better with experience and practice.
Free sources of professional Forex education
一般
の中
Aug 26, 2022 at 12:43
There are many online platforms which provide free sources for forex education , but beginners can try trading on demo accounts and can watch videos, articles, and browse online forums to gain professional knowledge, but only refer to authentic sources.
Basic mistake we make
一般
の中
Aug 26, 2022 at 12:41
Yes, I agree that usually one’s mind gets into the greed of more after gaining some profit and then does not take the decision wisely. Trading should be done calmly and not in a hurry based on happiness of profits.
Leverage is useful or not ?
一般
の中
Aug 25, 2022 at 05:48
The traders who know how to trade with balance of leverage magnify their gains and in turn it works out to be useful for them but if you’re a beginner then limit the leverage as If your trade moves in the opposite direction, leverage will amplify your potential losses.
There is no short cut
一般
の中
Aug 25, 2022 at 05:30
There is no shortcut to success , someone said it rightly that -’ Hard work in trading comes in the preparation. The actual process of trading, however, should be effortless.’ In order to become perfect one has to give time to learn the Forex market.
What makes one a Professional Trader?
一般
の中
Aug 25, 2022 at 03:42
Learning the basics of trading is one of the most effective ways to learn how to trade. A firm foundation for your whole career is provided by a thorough mastery of the fundamentals and technicalities. Professional trading capacities are built with Learning the Advanced Basics, By Using demo trading for training.
Successful Traders Mindsets
一般
の中
Aug 25, 2022 at 03:37
The successful traders are not built overnight, Many traders start to trade because of the potential reward. However, just like in other activities, you have to love your job to be good at it , let say if you spend 2 hours organizing your wardrobe because you love doing it for it to be on point in terms of arrangement in the same context you need to be passionate about giving time for trading in order to get perfect with it. Don’t focus too much on the money, but rather focus on your learning journey and trade with the right mindset.
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