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Pho54
How to NEVER fail Prop Trading challenges
in
Pieredzējuši treideri
Jul 16 at 10:54
Firstly you have to understand that you can’t control the market but you can control how you trade. - Most impotantly know the rules like the back of your hand- Trade With Risk in Mind First, Profits Second- Don’t Rush It- Treat the Challenge Like a Real AccountProp firms are also coaching these days, some good ones are Topstep, FTMO, Hola Prime. You can check these out.
What are the best Forex Trading Strategies to Invest?
in
Galvenais
Jul 12 at 16:59
Yes , managing the risk is important too.
What are the best Forex Trading Strategies to Invest?
in
Galvenais
Jul 12 at 16:58
Some of the best forex strategies that i personally use are trend trading, swing trading, and breakout trading.Trend trading is great if you like going with the flow, swing trading works well if you’re busy, and breakout trading is for those who like fast action. If you are more into long-term investing, carry trades can earn you passive income over time. But you have to Choose what fits your trading style.
Which trading strategies are Scalping, Day trading, and Swing trading?
in
Galvenais
Jul 11 at 13:25
Scalping- You get in and out of trades really fast like within seconds or minutes. You are just trying to make small profits over and over again.Day Trading- You buy and sell on the same day. You might hold a trade for a few minutes or a few hours, but you always close it before the day ends.Swing Trading- You hold trades for a few days or even a week or two. You're waiting for a bigger move, so it’s slower and more relaxed.
About time and precipitation:
in
Jauni treideri
Jul 10 at 12:44
I focus on growing slowly and steadily, not chasing quick wins. Trading is a marathon it’s about consistency and not speed.
What are the main risks in Forex trading?
in
Galvenais
Jul 09 at 06:09
Forex trading offers a global, liquid market with the potential for substantial profits, aided by leverage that allows control of larger positions with less capital and opportunities to profit in both rising and falling markets, however, this comes with considerable risk due to market volatility and amplified losses from leverage, requiring a deep understanding of market dynamics, disciplined risk management, emotional control, and the acceptance that profits are not guaranteed. One has to be very mindfull in taking right decisions.
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