Dear User, We noticed that you're using an ad blocker. Myfxbook is a free website and is supported by ads. In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings.
Would you like to receive premium offers (available to Myfxbook clients only) to your email? You can unsubscribe from these emails at any time through the unsubscribe link in the email or in your settings area, 'Messages' tab.
[quote]SofieAndreasen posted:
Stop loss is important factor in trading. Trader should have good understanding of support and resistance level to place good SL order. [/quote]
I agree. Many traders do...
In Manage Money
Sep 10 at 07:10
[quote]ForexViking69 posted:
This is the first thing I tell new traders, money management is not only key to trading but to investing in general. Some good advice :) [/quote]
Yeah totally. It helps y...
In Risk Management together with Leverage and Lot size
Aug 31 at 07:27
[quote]Dorigda posted:
It is necessary to work out and calculate very carefully, and preferably several times.[/quote]
Can't agree more with you.
In Control your greed.
Aug 04 at 07:08
[quote]LyudmilLukanov posted:
If you want to be a successful trader, greed is probably the biggest obstacle you have to overcome. If you try to get rich in every trade, you are more likely to blow up ...
In Why people lose money in Forex Trading?
Aug 04 at 07:04
[quote]gargely653536 posted:
It seems to me that most often people lose their money due to violation of the rule of money management[/quote]
You are right though. That's what happens when emotion...
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to
trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you
cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
