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Posts by
Bransle
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Newbie wannabe Trader
in
New Traders
Dec 12, 2022 at 10:36
Having technical and fundamental analysis skills are very important for trading the market. Long- term trading depends more on Fundamental approach whereas, short term trading depends more than technical approach.
The dark side of forex markets
in
New Traders
Aug 10, 2022 at 05:48
There is nothing new about the forex market, not even the losses. So, instead of calling it a dark side, I would rather call it the true side of the forex market. But with proper risk management, you will be able to make some good trades.
90% are loser ..why ?
in
New Traders
Aug 05, 2022 at 07:24
That’s probably because of the misconception they have about the market. When they read about forex trading, it seems easy and doable that they set high expectations. But when they start doing it, they get to know about the hardships that are associated with forex trading.
What are the popular Techniques for Forex trading?
in
General
Jun 24, 2022 at 06:13
The most popular technique in the forex trading market is buying when the price is low and selling when the price is high. This technique is termed as “buy low sell high”.
Newcomers and demo trading
in
General
Jun 24, 2022 at 06:12
It is very essential to trade in a demo account to gain an in-depth knowledge about the market and understand the market behaviour deeply. Not only do demo trading give you experience but also they save you a lot of money. Imagine trading directly in a live account and losing your money!
Social trading apps and sites...?
in
General
Jun 22, 2022 at 13:05
Earnex is a good one, but there are many more that can be considered like zulutrade, duplitrade and forexcopier.
The fear of losing opportunity
in
General
Jun 22, 2022 at 11:05
That’s real! This happens mostly with the newbies who are too curious to make money think that if they don’t open a trading position now, they will lose an important opportunity.
Can you borrow money from the bank to trade forex?
in
General
May 30, 2022 at 09:21
You can but I won’t advise you to take a loan and put it in such a risky business. Trade only when you have money that you can afford to lose. Otherwise, don’t take an unwanted risk.
When a trader is a newbie
in
General
May 27, 2022 at 05:00
We should not forget that all the professional traders were once new traders. They decided not to give up and explore the market properly to make the most of the market movements. If you are zealous, nothing can stop you from making profits.
5 Things I have learned in 5 years of trading!
in
General
May 27, 2022 at 04:59
All traders need to know what other traders are doing. But it doesn’t mean that your trading decisions must solely be based on what others tell you about. You must do your own analysis to be able to make the right moves.
Forex and its earning
in
New Traders
May 26, 2022 at 07:22
The market is budding and everyday there is an addition so yes, I believe it is blooming and a great investment for someone who is clear cut in their goals and dreams and plans to achieve it no matter what.
Patience is best tool to get success
in
New Traders
May 26, 2022 at 07:20
Patience is such a great virtue. But how many of us are willing to be such patient, especially in this day and age of instant gratification.
Books or Videos - Which one is better for learning?
in
New Traders
May 26, 2022 at 07:11
I’d say that it depends. Some people enjoy books, while some people enjoy videos. It is really very subjective. A good mixture of both works wonders though.
Ready made strategy doesn't
in
General
May 25, 2022 at 10:14
The premade approach may not be suitable for all traders. So, in order to establish a successful trading profession, strive to devise your own approach. If it works, it’s good, if not, go to a demo account, tweak the strategy, return to a live trading account and implement the strategy. The point is to keep trying until you get it right.
Demo Trading Advantages
in
General
May 25, 2022 at 10:13
In my opinion, the demo is necessary for developing a trading strategy. Those that enter with money early due to the psychological component of trading with real funds, in my opinion, are missing the point. You'll still lose if you don't have a decent trading plan with risk management. To encourage positive behaviours, I handle my demo accounts as though they were real accounts.
Can forex trading make you rich ?
in
General
May 23, 2022 at 11:25
Forex trading has the potential to make you rich, but it is not easy. Traders must put in a lot of effort to consistently improve their trading skills and gain a thorough understanding of the forex market.
Money Management Tips
in
General
May 23, 2022 at 11:24
Trading requires money management because it is quite easy to blow up your account without a strategy. It should be your top responsibility to handle your assets wisely in order to prevent severe risk and achieve consistent profit.
Is forex is best source of income?
in
New Traders
May 23, 2022 at 11:23
Nah, I would say forex is a really good source of income but because of its increasing risks, it’s not the best there is.
Greed is poison
in
New Traders
May 20, 2022 at 06:17
Greed, fear and anxiety are some of the emotions that you encounter while trading that can blow your account in no time.
Trading for the long-term
in
General
May 20, 2022 at 06:14
It makes no difference whether you are a full-time or part-time trader. It's all about having a sound strategy. You can make money and survive for a long time if you have a strong profitable strategy.
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