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nabobe
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lost
in
New Traders
Apr 21, 2022 at 06:57
Don't give up when you lose your money in the forex market. Rather look at what went wrong and ensure you don’t repeat your mistakes.
Consistency is the brick
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General
Apr 20, 2022 at 07:27
Trading is one of those activities that takes practice, patience and perseverance. You could be losing money in the first few years of trading. Only those with a strong will to learn, a strong desire to win and the determination not to quit will succeed in the end. The people who succeed at trading are those who are willing to accept a certain level of risk in exchange for potentially large rewards.
Forex Trading Psychology: Levels of FEAR
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Experienced Traders
Apr 18, 2022 at 08:08
All emotions are natural. But when you decide to become a trader, you have no other option than to control them. Otherwise, you will keep distracted from your trading plan and not make anything.
Whats your opinion on the most important aspects of a trading system
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Experienced Traders
Apr 18, 2022 at 08:04
Risk management is surely the most important aspect of your trading strategy. When you have a risk management strategy handy, you know how to handle losses and how to keep trading in all market situations.
Basic mistake we make
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General
Apr 15, 2022 at 04:28
In my opinion, the biggest mistake traders make is that they focus on the results rather than learning & gaining experience. They start trading with insufficient knowledge and research and then fall into losses. Another big mistake the traders make is that they are not consistent in the strategy that suits them the best and they get impatient and greedy. To be a successful trader, a proper strategy, money & risk management, proper research & analysis, and emotion management are very crucial.
MetaTrader4 (MT4) vs MetaTrader5 (MT5) for beginners
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General
Apr 13, 2022 at 06:46
Surprisingly, I didn’t start with either of them, but with ActTrader.
There is no short cut
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General
Apr 04, 2022 at 04:55
Yes, it is crystal clear that there is no short-cut in trading. Traders have to learn everything deeply and should take guidance from professional traders. Newbies should work on all points which are related with trading and should develop the sense of maintaining patience and following a plan.
7 Benefits of using stoplosses
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General
Apr 04, 2022 at 04:48
Stop Losses are really beneficial in profitable trading, because it provides protection against excessive losses, enables traders to ensure better control of their trading, can be used to monitor multiple deals, easy to implement, and allows newbies to decide on the amount of risk they can take.
Is trading hard?
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General
Apr 04, 2022 at 04:42
Yes, definitely forex trading is not a piece of cake for anyone. It’s quite tough especially for beginners. Forex trading has no shortcuts and you need to be patient and highly determined throughout your trading journey. Most of the forex traders are not able to earn money consistently because they lack adequate information and rely on some shortcuts and get themselves scammed too. When you start trading, make sure you have covered all the basics, fundamental, and technical analysis yourself and also you have to develop a trading strategy that suits you the best. I know it’s a leng...
When a trader is a newbie
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General
Apr 01, 2022 at 07:56
A newbie in the forex trading market should be fully focused on the learning and analysis part and not the results. Once you’ve gained sufficient knowledge, you’re good to go. Forex trading doesn’t yield you success in a short time, you need to be consistent in your trading strategies and determined to the core to be a successful forex trader.
How much Important of Leverage for Trading
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General
Apr 01, 2022 at 07:55
Leverage is the best for those who do not have large investments but are profound in knowledge. When the leverage is low, your account is well protected and it is crucial to keep leverage low for better risk management & money management. High leverage means high risks so it’s always better to keep it low especially when you’re a beginner.
Trading success
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General
Apr 01, 2022 at 07:54
Trading success is not accomplished in one day and you need to focus more on learning rather than results. Don’t be emotional and learn from your mistakes
Don’t Let Your Emotions Dictate Your Forex Trading
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New Traders
Mar 30, 2022 at 04:17
Where emotions make us humans, they can be really harmful to traders. Stick with your trading plan to make objective decisions.
90% are loser ..why ?
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New Traders
Mar 29, 2022 at 08:01
Eagerness to make profits makes traders make wrong trading decisions. They will do a quick analysis and forget that there are sharks in the market that will eat them up.
The dark side of forex markets
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New Traders
Mar 28, 2022 at 07:35
I don’t think there is anything darker than the fact that in spite of learning so well and practising on your demo account, your strategy can fail in the live market. You can never be 100% sure in the market and that’s because of the market volatility. No matter how well you prepare yourself for the market, you must also prepare yourself for the losses.
Patience is best tool to get success
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New Traders
Mar 28, 2022 at 07:32
Well, that’s true. A patient trader has more chances of becoming profitable in the forex market. A trader who is too curious to make money that he doesn’t give the required attention to his studies often has a short-lived trading career. You will have to keep patience while you learn. You will have to keep patience when you execute a trade. You will have to keep patience when your strategy doesn’t work. You will have to keep patience when nothing seems to work. Because good things take time!
How to Avoid Forex Losses In Forex Trading?
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New Traders
Mar 24, 2022 at 08:23
There are some ways that can help you in reducing losses to a great extent like doing proper research, not opening large trading positions, using money management techniques, considering forex trading as a business, setting realistic goals, planning entry and exit points.
Which indicator you use most for your trading?
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New Traders
Mar 24, 2022 at 08:18
Usually, I combine moving averages with stochastic indicators for short-term trading. These indicators work great for both short-term trading and long-term trading. I make use of the candlestick formations to use these.
Have a plan and stick to it
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New Traders
Mar 24, 2022 at 08:14
You never know how the market will move in the next moment. You can’t even control the performance of your trades. But with a trading plan, you can be prepared for all that can happen.
Signa providers
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New Traders
Mar 23, 2022 at 05:42
No signal providers can predict the market correctly. So, instead of wasting your money on them, learn market analysis on your own.
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