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KuchetoLalala
what are the key factors to consider while doing forex trading
in
New Traders
Aug 23, 2023 at 10:13
First understand the market and focus on becoming a good trader and when you are consistently profitable for a year then consider automating your strategy.I am into trading in 2 years and i still holding back from EA which is trading bots. Looking for shortcuts will make it take longer to achieve success in long term. if you don't want to wait at least be profitable 3 months with real account. Market evolves so your bot will need to evolve if you don't understand the market you wont know how to adjust and adapt to the market .
Eightcap
in
Brokers
Jul 18, 2023 at 20:11
There are better ones
what are the key factors to consider while doing forex trading
in
New Traders
Jul 13, 2023 at 08:50
Hello i hope this helps! Order will be by priority1 Learn basics of trading (everything from lot sizes to order types and much more) --Stop Loss-- --Target--2 Learn Support/Resistance levels that price previously respected multiple times.3 Study risk management traders are actually risk managers .4 Open demo account just to have a feel of the market. Play with demo on mt4/mt5 explore test play with lots orders win lose its a demo.5 Watch Workshop Trading in the Zone with Mark Douglas There are 4 parts on Youtube watch all of them or read the book Trading in the Zone.6 When you start trading ...
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