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miguelcaron
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Successful trading
in
New Traders
Nov 17, 2021 at 06:11
The market is a constant change and environment. Traders should have discipline and dedication in order to make it. If they keep following false signals and poor trading habits, they usually won't be successful neither in the long nor short term.
How to Successful Forex Trading Mindset?
in
New Traders
Nov 17, 2021 at 05:53
Traders can make up their mindset to do the best they can in forex trading. It's a challenge, but they can achieve it if they still think they have a chance to win and have the discipline to follow their rules. A positive attitude also helps them to have an appetite for winning in forex trading.
Fundamental stuff
in
General
Nov 17, 2021 at 05:49
You should first observe the market situation to understand how the market is moving or trending. You can do this by looking at the chart on higher time-frames. After knowing the trend and market condition, you can now react to the market and place your trade.
Why demo is easy?
in
General
Nov 16, 2021 at 07:18
Demo accounts allow you to trade without using your own money but instead "pretend" that you are doing it with the help of play money. New traders make their mistakes there and can learn from those mistakes without any risk.
Trading without stop loss
in
General
Nov 15, 2021 at 07:49
Without a stop-loss, there is no way to protect your trading account. You will lose your money sooner or later if you don't use stop loss while trading. It is a necessary tool for a successful forex trading career.
In trading everyone should have some rules
in
General
Nov 15, 2021 at 07:41
Having rules in your trading is essential for your success. It will help you to focus on what is important, and it will show you which trades are the best ones to take. You can also monitor your progress better when you have rules that you follow.
How long it takes to learn
in
General
Nov 12, 2021 at 05:47
People can learn how to trade the forex market in as little as four days, but it can take far longer than that for a person to become truly proficient and profitable at trading. There are many different factors in a person's learning curve in currency trading, and what works for one trader may not work for another.
Basic mistake we make
in
General
Nov 11, 2021 at 05:47
Learning will give new traders a great advantage. Even veteran traders continue to learn new things and advance their strategies.
Demo can not make you well experienced
in
General
Nov 11, 2021 at 05:40
It's true that demo account forex trading is not the same as live trading, but there are advantages to starting with a no-risk environment. Besides helping you stay in control of your trades and manage risk more easily, it enables traders to try new strategies without risking real money or wasting time learning ineffective methods.
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