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Patience is best tool to get success
in
Jauni treideri
Dec 23, 2022 at 09:42
Discipline and patience are the two most important skills a trader picks on to last longer and be able to earn consistent profit.
Diffrence between real & demo trading
in
Jauni treideri
Dec 23, 2022 at 09:41
Demo trading definitely helps traders to gain confidence which reflects on their decision making abilities. Emotions are natural but once controlled, traders can use their analytical skills to pick the right opportunities.
New Begining on Forex
in
Jauni treideri
Dec 23, 2022 at 09:37
Skipping the learning phase is a mistake that beginners figure out later on once they lose all their capital. Earning profit is a slow process and traders should try and focus on learning to improve their income.
5 Things I have learned in 5 years of trading!
in
Galvenais
Dec 23, 2022 at 09:25
That’s very true! Traders should be able to turn a situation to their advantage by using their wit and skill to analyse potential future profit goals. It’s better to look at the bigger picture, always.
Forex market offers great opportunity
in
Galvenais
Dec 22, 2022 at 09:15
Yes, many people confuse the forex market for a place to earn quick profit when it’s the other way around. Building knowledge is the key to winning long term!
What is the importance of knowledge?
in
Galvenais
Dec 22, 2022 at 09:13
If you know your way in the market and make the right choices to begin with which is starting low and growing your account eventually. This gives time to learn and pick new skills!
Successful Traders Mindsets
in
Galvenais
Dec 22, 2022 at 08:27
discipline and patience goes a long way in a market as volatile as this one. So, yes successful traders know how to manage their risk well enough to make up for any loss incurred with a calm and composed attitude.
EURGBP set up ideas
in
Pieredzējuši treideri
Dec 22, 2022 at 08:17
keeping an eye on the market is the first step to creating the best risk management strategies to reduce the loss on each trade.
The fear of losing opportunity
in
Galvenais
Dec 20, 2022 at 10:14
I agree, traders need to be able to understand the right way to move with the market. It can take time to get familiar with the market sentiment. Beginners generally feel that they’re missing out and rush into the market without a plan leading them to loss.
Does forex strategies usually work>
in
Galvenais
Dec 20, 2022 at 09:39
Forex strategies do work but traders need to learn how to keep an open mind to make the right decisions. Sometimes, strategies need to be revised depending on market shifts. Even if they fail, there is always a reason to improve. Trying is very important, giving up is not on the agenda here.
New traders love scalping
in
Galvenais
Dec 20, 2022 at 09:38
Yes, scalping is risky and traders should try their best and maintain discipline if they want to win.
How much should you invest in trading
in
Galvenais
Dec 20, 2022 at 09:27
Starting with a low capital is important so you don’t lose majority capital. Later on, expanding the account to take on more risk is feasible.
Demo can not make you well experienced
in
Galvenais
Dec 19, 2022 at 07:59
That’s the only reason demo accounts are worth it. Without taking on any real risks, backtesting and strategising is one way to give s newbie time to understand what they should be expecting from the process.
How long should I start to trade after studying?
in
Jauni treideri
Dec 19, 2022 at 07:51
Traders should understand their learning capacity and accordingly decide when they’re ready to start live trading.
NEW TO TRADING
in
Jauni treideri
Dec 19, 2022 at 07:47
Hello and welcome to the forum! You will definitely interact with many traders here who can give you tips and tricks to enhance your journey. Good luck!
How to increase trading skills ?
in
Jauni treideri
Dec 19, 2022 at 07:40
increasing knowledge in the technical and fundamental aspect during analysis to help make better choices. Staying disciplined always.
Luck is important
in
Galvenais
Dec 16, 2022 at 07:46
mismanagement can certainly lead to a crisis! I agree that hard work and constantly updating your knowledge is the best way to move ahead in the market.
Money Management Tips
in
Galvenais
Dec 16, 2022 at 07:41
this is strong advice. Newbies should keep their options and mind open to adapting to change and learn how to pick the right opportunities. To receive positive results, traders need to get their timing right. After all, without time and money management, it is tough to earn profit on a regular basis.
How long on a demo account
in
Jauni treideri
Dec 16, 2022 at 07:34
Well, that is a valid opinion. Every trader has their own learning pace so they should take the required amount of time they need to practise on a demo account. Indeed, there is no end to learning in the forex market.
Is demo trading enough before real account?
in
Jauni treideri
Dec 15, 2022 at 06:15
Demo trading can be quite beneficial as traders get to test out strategies and spend time understanding the trading process through virtual currency. This boosts confidence and gives them a higher chance of succeeding in the marketplace.
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