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TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
in
New Traders
Jul 08, 2019 at 04:35
What I wish to achieve from forex trading is the autonomy of earning and extra level of income apart from regular earning. Though flexibility, liquidity, increasing income facilities, etc. all are various benefits that a foreign currency exchange trader can receive, every trader has diverse objective in terms of trading. Each trader must try to go forward with suitable trading strategies which will facilitate easy objective achievement by fulfilling his needs here.
New trader trying to put a trading plan together
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New Traders
Jul 07, 2019 at 12:13
There are many retail, traders who want to make trading performance as per their trading plan. Creating trading plan is always a better alternative but if you are a novice trader then please try to keep these fundamental issues in mind when you are sitting for crafting your trading plans. Such as: plan should be rational and possible to implement according to your capital position and abilities to handle trading risks.
What do you wish to achieve through forex?
in
New Traders
Jul 06, 2019 at 12:38
Though forex is hard, it is not that forex trader should afraid of future income, trading risks and losses due to uncertainties associated with forex. Yes, every business has many uncertainty factors which a merchant needs to cope with. Similarly a trader must try to realize that everything has a start and he should start his business of currency exchange with legal and authentic broker that will provide adequate service with safety.
Forex Courses
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New Traders
Jul 06, 2019 at 11:28
Though many educational tools like forex e-books, audio books, You Tube videos on trading, webinars, etc. are being provided by many forex brokers today, beginners must try to cope with the basic ideas and elements of forex trading with the help of demo trading account. Demo can be the best weapon for the naive traders to learn trading with real trading atmosphere in sphere of real trading activities here.
What is a decent return on a monthly basis for a manged forex account?
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New Traders
Jul 06, 2019 at 04:37
Today’s forex traders are trying to take advantages from various managed account and there is no harm in it. Even various managed account types are here: PAMM, MAM account, etc. But what a foreign currency exchange trader will decide as earning level expected will greatly dependent on how well the experts can supervise the whole trading performance, activities, money management and risk administration process as per his expertise and skills.
FX books to read for newbies
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New Traders
Jul 05, 2019 at 09:46
A trader will want that forex trading will generate sufficient profit for him. Otherwise no demand will be fulfilled by working in forex market. There will be unlimited opportunities when a trader needs to take actions very carefully since with great potential greater trading risks can arise. From beginning to end, trader requires to ensure proper management of risks. And yes, he must try to execute proper money organization here.
Time and pracrtice.
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New Traders
Jul 05, 2019 at 05:26
Foreign currency exchange may seem to be very limited definition of forex. No trader can simply think of earning money within his financial capacities if he can’t manage his funds according to trading knowledge and skills of him. But today traders are now receiving access to many learning tools. However, yes, before a trader can go with any trading method he must recognize whether he is able to make best out of it.
Arrogant advice
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New Traders
Jul 04, 2019 at 11:26
Being a risky market place, a trader can expect to protect his assets against the hazards of trading. That’s why a trader must try to bestow attention on appropriate risk and fund administration which will allow him successful function of money in all necessary channels here. For the traders it is indispensible to work with right trading methods and approaches that will facilitate proper use of capital by managing risks within his capacities.
Successful trading
in
New Traders
Jul 03, 2019 at 05:48
Every trader requires profit and many may assume greater profit as greater success which is indeed a wrong concept for the forex traders. We can’t disregard the magnitude of carrying out our trading performance with complete awareness which can actually allow a trader to be a survivor here. Every trader who requires achievement should go through proper analysis, utilization of appropriate trading skills and working with reliable and proper broker here.
Demo trading
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New Traders
Jun 30, 2019 at 07:06
In the genuine course of action every forex trader will require some fundamental knowledge of trading which in turn boost confidence within a trader. Again, demo trading can actually help a beginner to recognize how he can manage his strategy and administer his funds here. And yes, demo can help anyone to build up his trading psychology by offering practice session before real investment.
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