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leon90
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Posts by
leon90
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When a trader is a newbie
in
General
Nov 08, 2022 at 06:34
Yes , I agree. One should maintain a positive attitude towards learning and putting in a lot of effort, while still accepting of their setbacks. Luck is just an excuse.
Trading rules which are better broken!
in
General
Nov 08, 2022 at 06:30
I feel one should only operate when they know that this market works by logic and not by risk.
What do you learned while trading?
in
General
Nov 02, 2022 at 04:21
I believe that learning is a life-long process; one can never stop learning in life or in trading. When I first began trading, I began with a demo account and then switched to a live account. For market analysis and price action movements, I kept up with the latest news and Forex updates during my learning.
Whats the Best Education Around??
in
General
Nov 02, 2022 at 04:16
I feel the best education one can get is from experience, also along with that reading trading books such as - "one good trade" also helps to gather knowledge.
What is the importance of knowledge?
in
General
Oct 28, 2022 at 11:42
The ability to conduct quality research and to analyze the market is crucial to trading success. Traders who master their craft adapt and approach the market in the most effective way using both fundamental economic information and market information for trading to predict price action comes from knowledge.
The future of Alternative Intelligence in trading
in
General
Oct 28, 2022 at 11:39
In my opinion, Artificial Intelligence will bring about so many changes in the trading industry, but watching this advancement closely will be an exciting experience since manual trading already gives us a grasp of how trading works, so it would be such a great learning experience for us.
Very tough business.
in
General
Oct 28, 2022 at 11:37
You can understand everything in Forex once you put your mind and skills into it with the right approach and psychology. Only the areas where we do not put our efforts seem difficult, rest everything is achievable with predefined goals and correct strategy. One should learn tools and techniques in forex in order to predict the market price movement and perform according to it for positioning trades.
Impulse Trading and How to Avoid It
in
New Traders
Oct 27, 2022 at 04:59
To avoid impulsive trading, traders should always move by logic rather than by emotion. Decisions should always be clear, and one should always follow a trading plan.
Consistency is the brick
in
General
Oct 27, 2022 at 04:52
Our approach towards trading needs to be consistent, and then the results will follow. Traders who are just getting started usually want to see good results first before committing. I believe consistency is the ultimate ladder of success and one should also know how to maintain it in all market conditions.
Can I learn forex trading with a demo account?
in
New Traders
Oct 26, 2022 at 07:42
Yes, demo account give us really good knowledge for trading. Trading in a demo account gives traders a chance to practice and improve their strategies before going live. It's a good learning medium before switching to a real trading account.
Demo can not make you well experienced
in
General
Oct 26, 2022 at 07:37
I believe a demo account helps to understand how the trading actually works by giving us exposure to tools and techniques. Developing strategies is good, but only live trading can reveal whether those strategies are effective.
Is a demo account really neccassary?
in
New Traders
Oct 25, 2022 at 06:49
Yes, Demo accounts give us the liberty to chisel our trading skills without losing any real money so one should stick to it until one develops enough confidence to trade on live accounts.
Luck or Hard Work?
in
New Traders
Oct 25, 2022 at 06:34
I completely agree with you, the only parameters for success in Forex is knowledge and practice. Luck is just an escape term which has no role in trading.
Does emotion harm?
in
General
Oct 17, 2022 at 07:14
Yes! Emotions can harm a person trading. In order to maintain your emotions, it is best to keep yourself patient. Also, proper planning can be very useful.
Demo can not make you well experienced
in
General
Oct 17, 2022 at 06:54
To achieve good trading skills, it is a must to practice on a demo. Although, you should know that there is a lot of difference between real and demo accounts, and one of them is money.
What is the importance of knowledge?
in
General
Oct 13, 2022 at 12:19
We can become knowledgeable, but our success as traders is determined by our ability to apply that knowledge to real-time trading. So, we must focus on both aspects in order to become truly successful as a forex trader.
How to start forex trading? Read These Best Tips!
in
General
Oct 13, 2022 at 12:18
It's simple to start with forex trading. Open a demo and make your trading skill better. Don’t rush through your demo period. Make the most of the time by learning strategies and practicing different techniques. Experiment with different currency pairs and get familiar with different trade types and tools. And at last, trade on a live account with a micro lot.
Why are some traders successful?
in
General
Oct 10, 2022 at 12:26
To become successful in trading, it requires a lot of smart work and a deep understanding of the forex market. Some traders lose because they have a greedy mindset, which leads to wrong moves in the market.
Strategy-based trading
in
General
Oct 10, 2022 at 12:22
It is your strategy that helps you understand the market and make decisions based on price movements. The purpose of a strategy is to keep the trader focused on their goal by creating a well-thought out plan.
What makes one a Professional Trader?
in
General
Oct 10, 2022 at 12:21
Professional traders always manage their risk well. Trading alone means that you are doing everything for yourself.You need to make sure that you are trading a consistent, small amount of capital on each trade.
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