To shine in forex

Jan 17, 2021 at 07:51
4,630 Views
93 Replies
Jan 25, 2022 at 02:32
To shine and be successful in forex you must have good knowledge and skills and after learning you must practice with a demo account to get good trading experience.
Biedrs kopš   45 ieraksti
Jan 27, 2022 at 07:07
To shine in the forex market a trader should have good knowledge of market conditions. Having knowledge of fundamentals and technical analysis will give a trader an edge in trading.
Biedrs kopš   38 ieraksti
Jan 31, 2022 at 06:08
In order to shine in the field of forex trading, make sure to come fully prepared. Find the right trading strategy and backtest it on the demo account.
Biedrs kopš   72 ieraksti
Jan 31, 2022 at 06:38
Certain qualities like patience and emotion control are required to be successful in forex. If you can be disciplined and be consistent while trading, there is no thing that can stop you from shining.
Biedrs kopš   20 ieraksti
Feb 01, 2022 at 08:14
People who have been successful in forex have consistently traded with discipline and patience. If one has those traits, I am sure that there is nothing that can stop the person from shining as a forex trader.
Feb 02, 2022 at 17:52
It takes a lot of self-discipline to be successful. If you give into your emotions, you'll inevitable wipe out your account.
Biedrs kopš   53 ieraksti
Feb 23, 2022 at 05:21
To shine in forex trading, you don’t have to focus on profits, but a successful trader is also the one who can protect his/her capital from adverse trading conditions by using smart risk management strategies. So, keep a couple of things in mind while trading, find the most suitable entry and exit points, and use take profit and stop loss at the right price level.
Biedrs kopš   9 ieraksti
Feb 23, 2022 at 10:46
pipham posted:
To shine in forex trading, you don’t have to focus on profits, but a successful trader is also the one who can protect his/her capital from adverse trading conditions by using smart risk management strategies. So, keep a couple of things in mind while trading, find the most suitable entry and exit points, and use take profit and stop loss at the right price level.

But what is the 'suitable entry and exit' and the 'right price level' for a stop loss. That is what is hard in forex and what makes it difficult to shine
Biedrs kopš   538 ieraksti
Feb 23, 2022 at 11:38
The right attitude and approach to trading is essential for getting anywhere. Focus on risk management from day 1 not once you're live and wondering why your capital is leaking through your fingers. Creating and setting good habits for sustainability in your learning and practice is required to see you through the tough times and to help carry you through the various transitions you will experience such as going from demo to live.
If you can't spot the liquidity then you are the liquidity.
Feb 24, 2022 at 04:35
UweMoench posted:
To shine in forex you require a professional attitude and aptitudes. Without capacities consistent profit isn't possible. Most traders neglect this essential thing. They continue running for strategy without making themselves capable.
It’s all about your own trading skill, I don’t think anything like fixed trading strategy is useful in this volatile market; nowadays Forex market is less volatile than before, so you cant make exact same amount right now as like 2013-14 with the similar trading attitude!
Biedrs kopš   105 ieraksti
Feb 28, 2022 at 20:08
Concentrting on the proccess as opposed to the money.
Employing proper risk management from day 1 .
Knowing your strategy has an edge and letting this take you through the rough patches and onky takung the best possible setups
Mar 01, 2022 at 02:11
Forex is a life change oppurtunity for the professional traders but not only for those this is also a oppurtunity for the beginners of the forex tradinhmg because this is easy to learn and do.Forex is a simple work to do.
Biedrs kopš   67 ieraksti
Mar 02, 2022 at 09:24
Drawing a roadmap according to one’s free thought in Forex is really difficult because Forex changes the horizon of one’s destination. However the complex trading style makes anyone puzzle here. So, to shine from Forex, a trader should learn more and more and have to apply those earned knowledge on demo account.
Mar 03, 2022 at 08:11
I think a slightly better phrase would be fighting with themselves while learning forex. It is such a personal battle and once you have won that you are most of the way there to being successful
Biedrs kopš   18 ieraksti
Mar 03, 2022 at 10:16
To shine in forex, you need to have a solid trading plan, sufficient knowledge and practical mind.
Biedrs kopš   11 ieraksti
Mar 03, 2022 at 20:52
There is nothing difficult to become a real start in forex. The matter here is to have opportunities which are mostly provided by your broker. If you understand that broker plays here major role and you will search for a broker which will offer plenty of interesting conditions, then perhaops you will be certainly a star. However, never forget about skills and knowledge. Nowadays people forget about this thing or even worse, they start to rely on luck.
Never rely on luck and always count on yourself and your personal experience or knowledge. In this case you will be able not just be successful on forex, but to be on the most high-paid trader.
Biedrs kopš   4 ieraksti
Mar 03, 2022 at 22:50
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Biedrs kopš   15 ieraksti
Mar 11, 2022 at 07:33
In order to become a successful trader, you have to commit to the cause. Many new traders think of trading as a way to win instant rewards. But in reality it is a long road that demands hard work and hours of learning.
Mar 13, 2022 at 15:47
croisssan posted:
To be successful in any industry, you need to work on yourself. I think that this is the key issue.

Just wondering in your experience what have you found is the biggest hurdle while doing so?
Biedrs kopš   470 ieraksti
Mar 14, 2022 at 22:52
All trader has the same opportunity to learn forex and get success, but how to shine in the forex trading business as trader need to make hard work and effort without tyred
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