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Successful trading
Uczestnik z Aug 09, 2017
785 postów
Feb 28, 2019 at 13:26
Uczestnik z Aug 09, 2017
785 postów
Successful trading is depend on most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a successful trading life at all if you don’t have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.
Uczestnik z Apr 18, 2017
920 postów
Mar 01, 2019 at 11:00
Uczestnik z Apr 18, 2017
920 postów
Well said; knowledge is the key! There is no way without trading knowledge; even basic knowledge is not enough here! Traders need advance trading knowledge & skill for sure.
Uczestnik z Feb 08, 2019
213 postów
Mar 03, 2019 at 07:15
Uczestnik z Feb 08, 2019
213 postów
There's also the psychological aspect of trading. You can't be a successful trader if your head game is not right
Uczestnik z Aug 09, 2017
785 postów
Mar 03, 2019 at 07:16
Uczestnik z Aug 09, 2017
785 postów
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Mar 04, 2019 at 11:29
Uczestnik z Feb 12, 2019
10 postów
Imamul posted:
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
If anything there are TOO many resources for new traders. It is difficult to know where to start , what is good and what is bad. A lot of time can be wasted learning bad system or following bad traders.
Uczestnik z Feb 11, 2018
3 postów
Uczestnik z Feb 08, 2019
213 postów
Mar 05, 2019 at 07:50
Uczestnik z Feb 07, 2019
47 postów
AlHashim posted:Imamul posted:
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
If anything there are TOO many resources for new traders. It is difficult to know where to start , what is good and what is bad. A lot of time can be wasted learning bad system or following bad traders.
yes this is so true, i am trying to learn but knowing where to start is really difficult.
Uczestnik z Feb 08, 2019
213 postów
Mar 06, 2019 at 08:30
Uczestnik z Feb 08, 2019
213 postów
Just master one thing at a time and then move on to the next otherwise you will mash your head
Uczestnik z Feb 08, 2019
213 postów
Mar 18, 2019 at 06:47
Uczestnik z Feb 08, 2019
213 postów
Teejy88 posted:
Just take time to dedicate yourself, you will never learn everything in a week. Risk management is number one, then learning a single technique at a time will help to master it.
Agreed
Uczestnik z Feb 22, 2011
4862 postów
Mar 18, 2019 at 06:51
Uczestnik z Feb 22, 2011
4862 postów
Treeny posted:
Just master one thing at a time and then move on to the next otherwise you will mash your head
Create trading plan
Stick to it.
If it works keep it
If it does not work go back to create trading plan.
forex_trader_688163
Uczestnik z Feb 28, 2019
140 postów
Mar 19, 2019 at 07:14
Uczestnik z Feb 28, 2019
140 postów
LeBuffon posted:
How long would you stick with a trading plan before you decide that it does now work?
For me, if I can make profits within a year and after that I got stop out, I can say that my trading plan is work.
I will make sure that my profits is bigger than my invested capital.
But, it may different with others. Some traders may feel that, their trading plan is work if they don't get any stop out.
Uczestnik z Feb 22, 2011
4862 postów
Mar 19, 2019 at 12:48
Uczestnik z Feb 22, 2011
4862 postów
LeBuffon posted:
How long would you stick with a trading plan before you decide that it does now work?
It depends on strategy. Usually after 100 trades.
Uczestnik z Apr 18, 2017
920 postów
Mar 19, 2019 at 13:55
Uczestnik z Apr 18, 2017
920 postów
Nasrul_Swing posted:LeBuffon posted:
How long would you stick with a trading plan before you decide that it does now work?
For me, if I can make profits within a year and after that I got stop out, I can say that my trading plan is work.
I will make sure that my profits is bigger than my invested capital.
But, it may different with others. Some traders may feel that, their trading plan is work if they don't get any stop out.
Basically, expecting 100% success ratio is illogical. There is no trader who can makes 100% profit ratio. It doesn’t exist.
Uczestnik z Aug 09, 2017
785 postów
Apr 09, 2019 at 13:40
Uczestnik z Aug 09, 2017
785 postów
for success Only good trading knowledge cannot brings profit regularly. Besides trading knowledge you have to focus on money and risk management which is the key to success in Forex trading.
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