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Pievienoja lietotājs
forexminded
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Don’t Let Your Emotions Dictate Your Forex Trading
in
Jauni treideri
Apr 30, 2021 at 11:10
You are right buddy!Handling emotions is not an easy task. But I think meditation helps a lot in controlling our emotions.
Greed is poison
in
Jauni treideri
Apr 30, 2021 at 11:06
Greed never lets anybody stay in this game for a long time.
Fear is the greatest reason
in
Galvenais
Mar 15, 2021 at 09:16
Emotional management is a crucial part of forex trading. I meditate to release my trade related stress.
It has been said that
in
Galvenais
Mar 11, 2021 at 09:04
Exactly, Practice is the key to have consistent profits in the forex market.
Choosing a pair
in
Galvenais
Mar 11, 2021 at 09:04
EUR/USD is my favourite pair and I am glued to this pair only since long.
Losses are a part of trading
in
Galvenais
Mar 11, 2021 at 09:02
How do you guys set the risk-reward ratio for your trades?
100 lots to start off!
in
Jauni treideri
Mar 01, 2021 at 08:22
If you have enough money to trade and have a proper risk reward ratio in terms of return, then go ahead.
Whats your opinion on the most important aspects of a trading system
in
Pieredzējuši treideri
Mar 01, 2021 at 08:21
I feel, the most important aspect in forex trading is devoting time to the market. Make sure you devote a few hours to the market each day. This is the only way you can learn about the market. If you are knowledgeable enough, then trading will be more beneficial for you in the long run.
Fundamental analysis vs technical analysis
in
Pieredzējuši treideri
Mar 01, 2021 at 08:19
I also believe that technicals and fundamentals both play an important role in planning your trades. I also consider the sentiment of the market before planning my trades.
Every pair has its own specific characteristics
in
Galvenais
Feb 23, 2021 at 08:44
It is very important to understand the characteristics of the currency pair you want to trade in. Higher the knowledge of the currency pair, more are the chances of consistent profits.
Consistency is the brick
in
Galvenais
Feb 23, 2021 at 08:43
Consistency is something which is not easy to maintain. But the ones who are successful in being consistent become great traders.
Which timeframe do you like best?
in
Galvenais
Feb 19, 2021 at 10:41
I prefer trading on weekly time frame.
Is trading hard?
in
Galvenais
Feb 19, 2021 at 10:40
Many people do not step into the forex market because they think forex trading is hard. But the truth is, if you understand the working of the market, you will get to know about the benefits of the market.
Bonus is not that much important
in
Galvenais
Feb 19, 2021 at 10:38
Bonus is secondary. Primary motive should be choosing a broker who provides good services along with great pricing.
Trading in lower timeframes
in
Galvenais
Feb 17, 2021 at 11:46
Forex market is a highly volatile market and to trade lower time frames, a sharp marketwatch is required. To watch the market carefully, a lot of time and knowledge is required. That’s why it is always recommended that new traders should start with higher time frames. Once they acquire the proper skill-set, they can switch to lower time frames.
How much money can I expect to make from trading?
in
Galvenais
Feb 17, 2021 at 11:46
More the knowledge of the forex market, more are the chances of making good money.
New traders become restless
in
Galvenais
Feb 17, 2021 at 11:45
When I was a beginner, I always used to be in a hurry of placing trades. I wanted quick profits. But after losing some trades, I realized that the forex market demands patience. Only those who trade with proper knowledge and patience can become successful traders.
There are three things
in
Galvenais
Feb 15, 2021 at 12:26
I think three things required to create your own strategy are knowledge, your financial goals and market analysis.
Set you target and goal
in
Jauni treideri
Feb 15, 2021 at 12:24
To benefit from the forex market, you first need to learn about the market. Also, you need to be aware of your financial goals and accordingly should create a strategy for yourself.
To be a gainer
in
Galvenais
Feb 12, 2021 at 11:45
It’s true that knowledge is the key, but to have success, you must be consistent throughout the journey.
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