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UweMoench
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Beginner's Tips
in
Jauni treideri
Jan 31, 2022 at 18:39
If you're not making money with your own money, don't trade with money from other people. It can lead to double losses.
How much money can I expect to make from trading?
in
Galvenais
Jan 31, 2022 at 17:33
The question of how much you can make is not a simple one. You can lose everything if you do it wrong. How skilled you are will determine how much money you make. No skills No money.
Learning Forex Trading
in
Jauni treideri
Jan 31, 2022 at 17:19
A sound mind is as important as solid knowledge and skill. Trading psychology is what makes the difference between success and failure.
Greed, the destruction
in
Galvenais
Jan 31, 2022 at 16:02
Forex trading is dangerous if you are greedy. Forex trading is best when you can control your emotions. People who are unable to control their emotions will lose money.
Which pairs are your least favorite to trade? And why?
in
Jauni treideri
Jan 31, 2022 at 15:59
The least favorite exotic pair to trade is the one with no pattern. They are very unpredictable and have no pattern. These pairs are extremely risky to trade.
Tips and tricks!
in
Jauni treideri
Jan 31, 2022 at 15:48
A self-defined boundary should be established. Traders need to know their strengths and weaknesses. Trade based on strength and work on weakness.
How to increase trading skills ?
in
Jauni treideri
Jan 31, 2022 at 15:45
It is difficult to trade. Trading is not easy. Forex is only for experienced and skilled people.
The reason that new traders fail that doesn't involve psychology
in
Jauni treideri
Jan 30, 2022 at 03:11
People often blow their accounts because they have unrealistic profit targets. People expect to make 100$ to 200$ or 300$ within 2 days in no other business.
New in forex trading
in
Jauni treideri
Jan 30, 2022 at 03:05
The forex market is volatile. It is important to understand how to make money in this market. You can always do something else if you don't feel it's right for you.
Fundamental works 100%
in
Galvenais
Jan 30, 2022 at 02:55
If you are able to perform fundamental analysis, it is essential. Because it requires a deep understanding of economic factors in related countries.
a good trading strategy
in
Jauni treideri
Jan 30, 2022 at 02:52
Each trader is a master of his or her own trading strategy. They stick to their plan. You need to be able to predict the movement of a couple's future.
Gambling type of forex games? Is that true?
in
Galvenais
Jan 29, 2022 at 13:17
Forex trading is not gambling. It is currency trading. You need to have enough experience and skills to make money. You won't make any money if you don't have enough experience.
What do forex brokers rely on to make money?
in
Galvenais
Jan 27, 2022 at 18:15
Brokers make money by spending money. To make money as a trader, you must have skills and experience. We would lose our money otherwise.
Is a demo account really neccassary?
in
Jauni treideri
Jan 27, 2022 at 18:05
You are correct. Demo accounts can help you develop skills. However, a systematic approach is required. It is not enough to trade demos randomly.
Is trading hard?
in
Galvenais
Jan 16, 2022 at 15:52
Trading isn't easy. If it was easy, everyone on the market could earn money. Forex is only accessible to experienced and skilled people.
Making consistent money
in
Galvenais
Jan 16, 2022 at 15:50
To earn consistent profits trading, traders require a sound strategy to follow and a set of thoughts. A mind that is able to adjust to the ever-changing market. A mind that will not trade, in the event that the market isn't giving an optimal set-up.
Newcomers and demo trading
in
Galvenais
Jan 16, 2022 at 15:49
Demos are mandatory in order to understand the mechanism for trading functions. It's also a good way to evaluate your strategy. You aren't able to try your strategy by testing it directly on live accounts.
Very tough business.
in
Galvenais
Jan 16, 2022 at 15:47
Trading in Forex requires a lot of deaths and expertise. One can't trust it by simply entering into it. The process takes time as well as dedication to become skilled.
Which pair do you use?
in
Jauni treideri
Jan 16, 2022 at 15:46
It is important to take the time to comprehend the dynamics of a pair. Each pair has its own specific motion pattern. Without spending any time with it you won't be able to figure these patterns.
Luck is important
in
Galvenais
Jan 16, 2022 at 06:41
Luck can be good for only once or twice. It could have happened, however, it doesn't work every day. You require expertise and know-how.
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