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Is Forex an Addiction ?
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Jauni treideri
Dec 15, 2022 at 05:41
Actually many traders, especially beginners, do get addicted to trading, even if they are facing constant losses. But you can fix this problem by assigning a fixed period of time in your daily schedule to trade. Try to make this time as the London-NY Crossover time period. Also, meditation helps a lot in aiding you to focus. Try meditating.
Feeling recently
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Jauni treideri
Dec 15, 2022 at 05:36
Keep making necessary updates but changing your method of trading frequently will not help you develop your knowledge and experience over time. Being consistent with your method will help you gain experience over time.
What do you learned while trading?
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Galvenais
Dec 15, 2022 at 05:29
Being disciplined and consistent goes hand in hand. Our learning process may not always be a gradual upward slope. But being consistent will always help us to move up gradually.
How much should you invest in trading
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Galvenais
Dec 15, 2022 at 05:22
The amount you are comfortable risking is what you should add. As far as the capital per trade is concerned, then that should be 1-2% of your entire margin. It is true with higher capitals comes greater profits. But for beginners, your main target should be risk management.
5 Things I have learned in 5 years of trading!
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Galvenais
Jun 07, 2022 at 05:02
From my own experience, i have learnt some important lessons in forex trading, such as1. Do not trust social media rumours2. Always give preference to practice instead of tips and tricks3. Analyse and study every factor related to forex very curiously4. Avoid emotional trading5. Keep patience and consistency
Demo can not make you well experienced
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Galvenais
May 12, 2022 at 06:12
Demo account is the best place for practice and experience trading. In the demo account, we get access to a real forex trading platform for practising our strategies and there’s a zero chance of losing money on it. It will boost our experience and decision making skills.
Mind or Machine? What’s Better For Forex Trading?
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Galvenais
Apr 19, 2022 at 09:43
Minds are definitely better than machines when it comes to trading. The currency pair’s values can change anytime with regards to the high volatility. The human mind can analyse the problem and make a better decision after the changed circumstances, whereas the bot won’t. It may cause you loss.
Demo Trading Advantages
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Galvenais
Apr 19, 2022 at 09:32
Demo accounts carry a lot of benefits. 1. It prevents loss of actual money when a beginner tries to explore various options when they are learning how to trade.2. It gives confidence to the trader when their new formed strategy gains a profit.3. Traders who have successfully practised in demo trading take confident, thereby better decisions when trading through live accounts.
Is a demo account really neccassary?
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Jauni treideri
Apr 18, 2022 at 07:45
I would nod to this as I believe that it would be stupid of any trader to jump into the market without making use of the free tool to obtain practical knowledge. It’s good to be confident about the lessons you have taken but practising on a demo account for a while would only help you.
The dark side of forex markets
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Jauni treideri
Apr 15, 2022 at 05:39
The unpredictable market movements make it so tough for traders to make the right decisions. It’s obviously because of volatility that is a result of so many different minds trading in the market. There is nothing worse than this about the forex market for me.
lost
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Jauni treideri
Apr 15, 2022 at 05:36
For new traders, it’s common not to understand the market. It takes time and education to prepare for the market. You can start with the basic knowledge and then move to demo trading to prepare yourself both theoretically and practically.
0 spread low commission broker.
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Pieredzējuši treideri
Apr 13, 2022 at 06:41
Fxview is good too, both spreads and commissions are low.
How do you trade in a bear market
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Jauni treideri
Apr 05, 2022 at 06:37
Use fundamental analysis and technical analysis indicators to find out how you wish to move further in the market.
Whats your opinion on the most important aspects of a trading system
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Pieredzējuši treideri
Apr 04, 2022 at 08:07
Your exit strategy is very important. It doesn’t only let you stick to your trading plan but also eliminates emotions to a great extent.
How to Avoid Forex Losses In Forex Trading?
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Jauni treideri
Apr 01, 2022 at 07:49
There is no sure-shot way of avoiding losses. But with a risk management strategy, handling losses becomes easier. You can keep trading because your past trades don’t stop you from trading in the future. And who doesn’t know, it’s a long trading career that we all long for.
90% are loser ..why ?
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Jauni treideri
Mar 31, 2022 at 06:11
The greed to make endless profits makes traders take wrong steps that lead to losses. Also, some traders become too confident after reading about forex that they create a mindset that it’s the Holy Grail they had been looking for all their lives and that no one can now stop them from making money. This is a wrong mindset that takes them nowhere.
How does experience come?
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Pieredzējuši treideri
Mar 31, 2022 at 06:03
Experience comes from trading.Though you may have acquired necessary skills and knowledge ,You can earn money only by real time trading.If you are worried about losing money,start practising with a free demo account.Get more exposure and then invest your real money.
Anyone Trading For A Living?
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Pieredzējuši treideri
Mar 31, 2022 at 06:00
Yes,many make a good living by trading forex.Just decide how much money you are going to invest,how much time you are going to trade and what tools,platform you are going to rely on.Always invest money you can afford to lose.Over time you may start earning profits which are sufficient to make a living.
The future of Crypto
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Crypto
Mar 29, 2022 at 08:03
Cryptocurrency is definitely here to stay as it is backed by Blockchain Technology. It is the future. But it is unlikely that the currency will be directly used in day to day transactions. Rather, it will be used to store value. It will be used for trading, but the actual transactions would happen in a regular currency...
Reasons why you should NOT trade cryptocurrencies
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Crypto
Mar 29, 2022 at 08:02
Crypto currency is considered the future by many, still many people have their reservations for this type of currency. It’s highly volatile and risky to trade. Hackers can hack and you may lose money at any point. It is not a regulated form of digital currency and the owner is unclaimed. Scams are around everywhere, so you may end up losing money.
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