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The future of Alternative Intelligence in trading
in
Galvenais
Jul 05, 2022 at 05:21
In the future, AI will have a significant impact on all industries, including trading. As is evident, robot trading driven by AI has fundamentally altered how we conduct business. Therefore, it appears that trading AI has a promising future.
Forex is not scam
in
Galvenais
Jul 05, 2022 at 05:20
The Forex market is a legit global market. Every person involved in the forex market shares a common goal to make profits from it. It is the approach to this goal that differentiates who are legit traders and who are fraudulent persons. The market itself is highly respected and considered to be important worldwide, because trading currencies in the forex market creates the price value of one currency relative to other currencies, all through the supply and demand process.
Is Forex risky?
in
Galvenais
Jul 05, 2022 at 05:19
Yes. Forex trading is risky, and it is difficult to be successful in this game. Most traders know how risky the forex market is, which is why it is very important to apply risk management strategies in your trading strategies. But, they don’t do it and then whine later complaining about their loss. It is equally important to have a good research and analysis of the market so that you can predict the market and make proper plans or apply risk management accordingly.
90% are loser ..why ?
in
Jauni treideri
Jun 27, 2022 at 06:55
Many don’t follow the most basic rules which are to stick to a plan, maintain discipline and control risk. They fail to continue giving energy once they earn it. The only way to survive such a quick changing environment is by constantly updating skills and learning from mistakes.
How trader’s mind works?
in
Jauni treideri
Jun 27, 2022 at 06:54
Very true! You articulated it really well. I would also like to add that if traders refuse to accept change and have a broad outlook, it will get tough to survive no matter how skilled or knowledgeable they may be.
Different approaches of trading
in
Galvenais
Jun 24, 2022 at 10:08
I don’t think gambling is a good approach to follow in forex trading. We should stick to a good strategy and trade based on analysis. Hedging is not bad if you can execute it properly. Otherwise it will yield no good results.
Consistency is the brick
in
Galvenais
Jun 23, 2022 at 07:28
Consistency is what takes you to success in forex trading. A professional forex trader will always be patient and consistent. And we should do the same to get success in the long run.
Free sources of professional Forex education
in
Galvenais
Jun 13, 2022 at 12:34
I believe forums, videos, and books are a great way to start. Then you can move to a demo account.
Mind or Machine? What’s Better For Forex Trading?
in
Galvenais
Jun 13, 2022 at 12:33
Because a human mind can produce machines, but no machine can make a human mind, the mind is always superior to the machine. A trader should always use his or her own intellect to trade rather than machines or automated bots because the human mind is the best analyzer and robots are merely there to help humans.
How much should you invest in trading
in
Galvenais
Jun 13, 2022 at 12:33
There is no fixed sum to invest; instead, one should invest as much as he can afford to lose.
Can forex trading make you rich ?
in
Galvenais
Jun 06, 2022 at 11:13
It can but there is no particular time that can be mentioned. Moreover, there is also no guarantee that you will be able to become rich in forex trading. Forex trading works differently for all traders. You better be prepared for the results in accordance with your skills and experience.
The fear of losing opportunity
in
Galvenais
Jun 06, 2022 at 11:12
Most traders don’t make losses because they don’t execute trades. But they lose money because they open too many trading positions. They need to know that doing anything beyond their trading plan can be harmful for their careers.
Trading for the long-term
in
Galvenais
May 26, 2022 at 07:38
A sound strategy is the only thing that really matters. If you have a strategy that has been tried and tested, then you should be able to make a significant amount of money no matter if it is a short term or long term trading strategy.
When a trader is a newbie
in
Galvenais
May 25, 2022 at 10:17
It is recommended that a trader should invest their energy and time into learning about the market and improving their trading skills. Trading without first acquiring the necessary knowledge is comparable to committing suicide. It's possible that it'll cost you a lot of money.
Is trading hard?
in
Galvenais
May 24, 2022 at 07:19
There's no denying that trading is a difficult endeavour. There are few occupations as financially rewarding as trading. It's not easy to earn a large sum of money. An individual must have extensive knowledge of the market in order to make money.
Very tough business.
in
Galvenais
May 24, 2022 at 07:19
Forex trading is a tough business. Despite being difficult and risky, people are interested in this business. Forex trading requires enough skill. Traders with skill and experience can achieve success quickly. Without trade skill, you'll lose.
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