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Pievienoja lietotājs
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Forex game is not business
in
Galvenais
Sep 27, 2021 at 09:16
The people who take forex as a game are the same people who increase the percentage of failures in forex trading. Then these people discourage other traders.If you want to be successful in trading, take it seriously otherwise don’t even start.
Leverage is among the things
in
Galvenais
Sep 27, 2021 at 07:26
Leverage is a game changer. It can give you huge rewards or can deplete your account balance in no time. It’s advisable to always use stop loss and not to take positions without establishing reward to risk possibilities. Set a strategy where you won’t have to take losses greater than 1 or 2%
Scalping is good
in
Galvenais
Sep 25, 2021 at 04:53
If a strategy suits the trader’s personality then it’s good for him. We can’t say that one strategy is good and everyone can profit from it. Scalping requires attentiveness to spot opportunities, quick decisions, constantly monitoring the screens and a stamina to execute a number of small trades. If done properly a trader can make many small gains.
By trading we can make
in
Galvenais
Sep 24, 2021 at 09:17
Knowing about the market and having skills is one thing and being able to apply it properly to get success is another thing. I feel many traders are good at knowledge. They have read plenty of books, taken courses but when they are subjected to real market conditions, it’s a different ball game!
7 Things to Know to Become a Successful Crypto Trader
in
Crypto
Sep 24, 2021 at 07:53
Trading is trading after all, even if the assets change the rules remain the same.
Crypto death
in
Crypto
Sep 24, 2021 at 06:51
@marcusobrien These short term fluctuations are a part and parcel of the cryptomarket. A trader always enters the market after much thought. These temporary situations should not weigh him down as much as to rethink his decision whether it's worth it or not.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Sep 23, 2021 at 07:34
I believe traders already are risk takers. When you are trading, you are not doing anything with 100% certainty. Confident traders are those who don't expose themselves to the risk they can’t afford to take.
Best Crypto to Invest in these Times.
in
Crypto
Sep 22, 2021 at 08:03
@Beallador Ethereum is my favourite too. I like how the creators of Ethereum don’t settle down on what they offer, rather are continuously making efforts to increase the usability of the coin.
The fear of losing opportunity
in
Galvenais
Sep 22, 2021 at 07:12
Fear of losing opportunity is a part of emotional trading and it needs to be checked at all costs. Otherwise a trader will not be able to follow his trading plan properly.
how to become a forex market conqueror
in
Galvenais
Sep 18, 2021 at 09:48
We need to realise that scalping isn't the only strategy in forex trading. I have been using day trading strategy for a while now and it has made me more profits than scalping ever would . Moreover to become a forex market conqueror a person should be a smart trader not a static one.
Which is the best broker for tick scalpers ea's
in
Galvenais
Sep 17, 2021 at 09:55
For scalping, finpro trading is a good one. I never had to face issues because of price delays.
The less complicated trading system
in
Galvenais
Sep 14, 2021 at 07:53
I doubt that. Complex strategies cause more confusion. These might be good if you are very well experienced and do manual trading but for beginners who rely partially on trading robots, a simple strategy would be more helpful.
Forex your second source of income
in
Galvenais
Sep 14, 2021 at 06:03
@Smith_fx you are so right. These are the very people who enter the market with a hope of making huge profits but end up being broke. It requires a strong mind to survive in the market which goes through continuous ups and downs.
Many traders think stop loss
in
Galvenais
Sep 13, 2021 at 11:28
I prefer to miss a profit than to incur a loss. Going against your risk management strategy can be the biggest mistake in trading. Doing it once, you are likely to make a habit out of it and this can make you a highly indisciplined trader.
Beginners Greed
in
Galvenais
Sep 13, 2021 at 08:07
Greed is the biggest enemy of a trader and it is very important to control this visceral emotion. Greed often incites a trader to over trade. I believe that the traders who are able to stick to their trading plan are less prone to suffer greediness.
Confidence is very important
in
Galvenais
Sep 13, 2021 at 06:31
@MarcelDurham I agree with you. Quite often an ill-prepared person is the least confident. It is good to practice and work on improving your skills so that confidence may never leave your side.
There is no way to take revenge
in
Galvenais
Sep 10, 2021 at 07:25
Series of losses can make the situation too overwhelming for a trader to realise that what he’s doing is revenge or over-trading. That’s why it's always advised to take a break from trading. Only then we can realise our mistakes and work to improve them. I prefer to sit by myself or do anything that can divert my mind from the negative trading emotions.
Why brokers freeze the Trading platform?
in
Jauni treideri
Sep 09, 2021 at 06:07
Finding a good broker is important. A trader should give enough time and do proper research to find a reliable broker who fits best their trading style.
Huge gain or limited Risk- What is important to you?
in
Jauni treideri
Sep 09, 2021 at 05:01
@hoagsobjects This cracked me up. When we run behind a highly profitable trade, there are 50% chances of making a profit and if the other 50% comes out to be true, one could hardly handle that equally huge loss. The best is to focus on mitigating losses.
Trading time is very important
in
Galvenais
Sep 07, 2021 at 11:56
Time indeed is a vital ingredient for trading. You are not going to make profits, even by applying the right strategies if your timings are wrong. Timings determine the profitability of a trade.
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