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To shine in forex
May 10, 2021 at 10:32
Membro Desde Aug 11, 2017
886 posts
Forex market place is a part of ocean where there is anyone who can survive in a proper way without most powerful analyzing trade knowledge; if you are a newcomer please go to Babypips School which is very supportive for the newcomers to acquire all fundamental knowledge. And trade a demo account at any broker, learning and practicing is a great combination and this can will help you must be if you try it.
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May 31, 2021 at 06:43
Membro Desde May 31, 2021
13 posts
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
Membro Desde May 31, 2021
35 posts
May 31, 2021 at 07:20
Membro Desde May 31, 2021
35 posts
eddieteddie posted:Agreed to your all points, these will definitely help each and every trader here.
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
Membro Desde May 31, 2021
48 posts
May 31, 2021 at 16:18
Membro Desde Jul 19, 2020
788 posts
winning_trades posted:Yes, you are right. It is never possible to trade without a positive mentality. I as a trader think that a trading mindset should be created by controlling emotions with patience.
Trading is an art, and the only way to become proficient is through consistent and disciplined practice.
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