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Market fluctuations are an artificial phenomenon.
v
Obecné
May 05, 2020 at 07:05
Can you elaborate on this with some examples?
There is no short cut way.
v
Obecné
May 05, 2020 at 07:04
True, but beginners today are always in a rush. They just want to make money as quickly as possible, due to which they skip the important parts.
Successful trading
v
Noví obchodníci
Apr 27, 2020 at 09:04
Correct! Many are depending solely on forex for their living. But then a lot of practice goes into reaching that level.
scalping easy ?
v
Noví obchodníci
Apr 27, 2020 at 09:02
Only skilled traders should go in for scalping. Not easy at all!
Getting so much confused with the terms. Please, help.
v
Noví obchodníci
Apr 27, 2020 at 09:01
You can check Babypips. That has got all this explained in easy terms.
Luck is important
v
Obecné
Apr 27, 2020 at 08:58
That's really well said!
Stop Loss Importance
v
Obecné
Apr 20, 2020 at 07:09
I think that's a good way to curtail losses. I try using SL the maximum times possible while trading.
Forex is Hobby ?
v
Obecné
Apr 20, 2020 at 07:07
Many start it as a hobby and end up in forex being their full time work. So yes, it can depend from trader to trader.
Money Management
v
Obecné
Apr 20, 2020 at 07:06
I totally agree on that. Managing your funds should be the first priority, but many fail on that.
There is no short cut way.
v
Obecné
Apr 20, 2020 at 07:05
Without proper learning, practice and research, nobody can have a successful and consistent career in forex. That's totally right; no shortcut in forex.
Luck is important
v
Obecné
Apr 20, 2020 at 07:03
Yes, luck does play a role somewhere, but can't solely rely on luck. Forex returns are highly affected by how skilled the trader is and how passionately is he trading. So one should focus on that part and let luck do his job.
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