Oct 31 2022 at 09:47
I got some -
. Stick to a strategy
. Play safe with leverage
. Trade only majors
Let's get rolling……
. Stick to a strategy
. Play safe with leverage
. Trade only majors
Let's get rolling……
Oct 31 2022 at 12:08
Oh rule with leverage doesn't work for me too. Or I am a risky guy. lmao.
But the most broken rule I believe is
put SL to save your money.
But the most broken rule I believe is
put SL to save your money.
Nov 01 2022 at 17:34
Leverage can really make or break you. A lot of experts stick with around 1:100 leverage, even though they can afford to risk more if they want to. It isn't going to kill their account. I think it's smart not to break that rule - always be careful.
Nov 03 2022 at 05:55
WhiteWitcher posted:That’s true, using SL and TP puts traders in a shell. Sometimes the fun is in the unpredictability, but those who add SL and TP never get to enjoy that.
Oh rule with leverage doesn't work for me too. Or I am a risky guy. lmao.
But the most broken rule I believe is
put SL to save your money.
Nov 03 2022 at 06:06
HeavLeighGill26 posted:Being careful is important, but I think using more than 1:100 leverage won’t harm if traders know what they are doing. Volatility has always been there in the market, but that’s what helps traders go from rags to riches.
Leverage can really make or break you. A lot of experts stick with around 1:100 leverage, even though they can afford to risk more if they want to. It isn't going to kill their account. I think it's smart not to break that rule - always be careful.
Nov 05 2022 at 10:07
Technical analysis is quite handier than fundamental analysis because only platform analysis is required in technical analysis.
I feel one should only operate when they know that this market works by logic and not by risk.
Nov 08 2022 at 07:46
Forex traders have to be mentally bold enough so no sudden collapse can cause harm to traders. But we see many traders are mentally weak with low sustaining power.
Nov 14 2022 at 14:23
blixtpiece posted:WhiteWitcher posted:That’s true, using SL and TP puts traders in a shell. Sometimes the fun is in the unpredictability, but those who add SL and TP never get to enjoy that.
Oh rule with leverage doesn't work for me too. Or I am a risky guy. lmao.
But the most broken rule I believe is
put SL to save your money.
Oh that's right. I'm not one of those people who likes to box themselves in. Therefore, I prefer to trade without using stop loss.
P.S. The main thing is not to go to the shower until the order is closed. lmao.
In my opinion, trading with wise leverage rule is better to be broken.
I don’t think any rule should be broken. These rules are created for a reason. I think maintaining trading psychology is the most important aspect in trading that requires real effort.
Nov 28 2022 at 16:27
Masticate posted:
I don’t think any rule should be broken. These rules are created for a reason. I think maintaining trading psychology is the most important aspect in trading that requires real effort.
Oh a lot of things were always made up for something. But you can come up with anything, and at the same time be absolutely useless. lol.
Dec 03 2022 at 06:37
To become a good forex trader, you have to be a good planner. For developing a plan, traders need to predict the market destination through market analysis.
I believe that making rules one cannot follow is not a good idea; discipline is crucial in trading.
Dec 03 2022 at 10:36
Traders mostly rack up their brains thinking how to increase their profit earnings ratio and however they can hardly come to a solution.
Traders should get familiar with technical and fundamental analysis so they can choose which style they need to go with depending on the market changes. Placing stop loss at the start of each trade and calculating a risk reward ratio are measures to lower risk and earn profit.
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