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Swing Trading vs Day Trading
in
Jauni treideri
Sep 17, 2021 at 06:49
Day trading is better than swing trading. That’s what I think. However, which one a trader gets more value from depends on their skills, requirements, and preferences.
By trading we can make
in
Galvenais
Sep 16, 2021 at 13:15
By trading, we can make good profits if we put our hearts into it. Although, getting high returns entirely depends on the skillsets, experience, and knowledge of the trader. I think that no matter how much we trade, there’s still some amount of knowledge left for us to gain.
Money and skills
in
Galvenais
Sep 16, 2021 at 09:50
When it comes to forex trading, both money and skills are necessary. Without money, you cannot start trading in the forex market. As a matter of fact, you cannot trade anywhere if you don’t have capital money. And when talking about skills, you can’t perform trading effectively if you don’t have good skills in strategizing or trading as a whole.
Dogecoin
in
Crypto
Sep 13, 2021 at 09:17
@JohnSmithK I strongly disagree on that , i find doge a mere copy of btc with a lil bit of tweaks here and there. DOGE clearly has no fundamentals and is merely used for pump and dump by celebrities and influencers . I think it's a waste of both money and technology. I guess LTC is a better alternative to BTC than DOGE.
Confidence is very important
in
Galvenais
Sep 10, 2021 at 10:03
There is very little c confidence can do if the trader doesn't have a proper knowledge about forex trading. I could be very confident but still know nothing about trading. Would that help? I don't think so. Confidence is only helpful only when the trader has the required knowledge and has practiced his trading strategies time and time again.
There is no way to take revenge
in
Galvenais
Sep 10, 2021 at 06:38
@Marcel Durham I am with you on this. I feel that's what separates experienced traders from newbies and most importantly revenge trading has never benefited anyone in the trading market. I think instead of going forward with such a strategy a trader should call it a day and focus on his mistakes he made while making such trades. Such traders should not let their emotions take control over their decisions, rather they should work on their strategies and make a proper plan of action.
Can you leave Forex Trading?
in
Jauni treideri
Sep 09, 2021 at 08:02
I think for someone like me who quit job to become a full time forex trader cant even think about leaving forex , I mean this is what gets me my cheese and ketchup.
Help
in
Jauni treideri
Sep 09, 2021 at 06:40
@SofieAndreasen I differ on that. If you are starting with a low capital i don't think it benefits the idea of trading. I started trading because I wanted to increase my buying power. I didn't learn forex trading to earn a few cents, I learned forex.
Huge gain or limited Risk- What is important to you?
in
Jauni treideri
Sep 07, 2021 at 05:16
I agree with you that risk management is very necessary but I guess traders these days simply ignore the risk ratio strategy. They prefer to simply follow the herd technique where they follow a successful trade of a particular trader and lose a good amount of money as they had no proper strategy in place.
GOLDEN Rules of Profitable Trader's
in
Pieredzējuši treideri
Sep 06, 2021 at 12:21
These are some very useful points there man. I think you are right, people really need to focus on the entry and exit points. And I would like to add one more point to it, that never let the emotions take the driver’s seat, it is important for the traders to stick to their strategy.
Newbie problem
in
Jauni treideri
Sep 06, 2021 at 11:16
@Kazile i agree, many new age traders ignore this issue, they think they have all the information and skill that is required to make quick bucks and go for a live account straightaway which then results in losing quick big bucks because they didn't do their proper market research and don't make use of demo accounts.
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