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How to Successful Forex Trading Mindset?
em
Novos Negociantes
Jan 27, 2021 at 08:11
Patience is the key. The moment you rush in forex, or you loose patient, you loose the plot. Try sticking to a plan, strategize well and trade calmly.
Can withdrawals be processed in less than a day?
em
Novos Negociantes
Jan 27, 2021 at 08:10
The exact withdrawal time will depend on your broker selection.
It is very important to sharpen
em
Geral
Jan 25, 2021 at 08:13
Learning goes on till the end, no matter how well practiced or experienced one becomes. This market has a lot to explore.
Unnecessary trade
em
Geral
Jan 25, 2021 at 08:11
Over trading is in now way helpful. I remember how many losses I have incurred because of not closing my positions on time.
Everyone is unique
em
Geral
Dec 09, 2020 at 07:33
That's correct. Every trader has his own set of goals and plans, according to which he should use his knowledge and set strategies. Never in forex, one should go by what the other people have to say. Taking guidance is okay, but blindly following is a big no.
Is FP Markets suitable for scalping ?
em
Geral
Dec 09, 2020 at 07:30
How are they for scalping? I doubt if FP Market's spreads are that good. And what about order execution?
Discipline is the most basic thing
em
Geral
Dec 09, 2020 at 07:25
Basic but one of the most important aspects for sure. Without a proper disciplined approach, it is not easy to get success in forex.
Trade
em
Geral
Nov 25, 2020 at 09:30
That's great man! How much time did it take you to begin full time trading and how did you gather the required confidence?
Really? Long term is worth the wait?
em
Geral
Nov 25, 2020 at 09:29
Long term has relatively lower risk, no doubt.But at the end, I think it all varies from trader to trader, how one is able to handle a particular trading style.
care free mindset(proper risk)
em
Geral
Nov 25, 2020 at 09:27
You are so correct. It is too imporatnt, but sadly very few are serious about it.
Beginner's Tips
em
Novos Negociantes
Nov 25, 2020 at 09:26
Beginners, just one tip for you. Do not start without proper knowledge. This market has too much to explore and learn and without proper know-how, one cannot achieve anything here. Many traders just trade on hit and trial, which never gives good earnings in the long run. So, it is most important to do the best as far as learning is concerned.
How often does the market change?
em
Novos Negociantes
Nov 25, 2020 at 09:23
It keeps changing mate.Forex market is too volatile, so can never predict its movement perfectly.
Overconfident
em
Novos Negociantes
Nov 19, 2020 at 06:42
Agreed! There has to be that thin line between confidence and over confidence, which lacks in many traders.
How to Successful Forex Trading Mindset?
em
Novos Negociantes
Nov 19, 2020 at 06:41
Work on your mistakes.. Try learning from your losses, that is how you'll go far in forex.
Importance of demo trading
em
Novos Negociantes
Nov 19, 2020 at 06:40
Yes, good for practice.But since funds aren't involved, effect of emotions is least in demo. The trading experience is too different from live.
MT4 or MT5
em
Geral
Nov 19, 2020 at 06:38
Have been using MT4 so far, no mood of switching to other one as of now.
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