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Emotion in Forex trading
v
Obecné
Jan 10, 2023 at 02:41
Yes forex is a new way of life so keep struggling to achieve the market. It will give you a great feedback.
7 Benefits of using stoplosses
v
Obecné
Jan 09, 2023 at 12:17
Forex traders have to be mentally bold enough so no sudden collapse can cause harm to traders. But we see many traders are mentally weak with low sustaining power.
Good broker is needed
v
Obecné
Jan 09, 2023 at 04:51
Yes, for both forex and stock trading, a good broker is needed. First, go through the advantages and disadvantages of both forex and stock trading. Then, make a comparison between these two. If you think Forex is more compatible for you, then start trading with a reliable trading broker. But keep earning knowledge through practicing as long as you are with the market.
Emotion in Forex trading
v
Obecné
Jan 09, 2023 at 04:50
Yes, Forex can be a good investment for you if you take decisions based on your mind, not your emotion. Forex and emotion can’t be kept together because Forex is such a place where a wrong decision can make you suffer. And emotion inspires traders to take the wrong decision.
Is Copy Trading profitable?
v
Obecné
Jan 09, 2023 at 04:48
To make copy trading profitable, you have to consider who you are copying and how much he is skilled. To become good traders, we should clear the concept of using indicators properly on the market. Not all indicators perform well so we have to be selective even here. Traders have to learn how to use these tools to analyze the market.
When a trader is a newbie
v
Obecné
Jan 09, 2023 at 04:47
Yes, I agree with you in this regard. New traders should fix a time for improving their skills. The more a trader trades on the market, the more he can grow his knowledge. If a broker charges a narrow trading spread, it’s better for you to gain more profit on the market.
When a trader is a newbie
v
Obecné
Jan 09, 2023 at 04:34
Forex is a hazardous place for newbie traders because they catch the movement of the market. They hit upon sudden plans and apply them on the market without knowing its further impact. They are indifferent to learning and make themselves victims to losses.
Most people fail because
v
Obecné
Jan 09, 2023 at 04:30
Most traders fail because they don’t know when to trade and how to trade. When the market is calm, it’s a safe zone for trading because a calm market poses less risk for traders. Trading condition in the market is really important because it has an impact on your profit-making goal. But traders, especially, scalpers, never consider this fact. However, a good broker is essential in all cases.
When a trader is a newbie
v
Obecné
Jan 08, 2023 at 07:17
Scalping, short time trading, seems enjoyable to me because I can halt a trade within some pips that keeps me out of pressure and risk.
Most people fail because
v
Obecné
Jan 08, 2023 at 07:16
Forex gained its popularity for its unlimired profit-sharing nature. Forex is all about currency trading, albeit you can also trade metals and cryptocurrencies too.
Forex market offers great opportunity
v
Obecné
Jan 04, 2023 at 13:57
Yes, teaching on technical analysis is essential for all traders because it’s the primary type of analysis. Fundamental analysis is little tough for traders because it covers a wide area.
What makes one a Professional Trader?
v
Obecné
Jan 04, 2023 at 13:56
Forex trading without indicators is like being on the sea without a boat or a ship. Indicators help traders understand the market movement.
Successful Traders Mindsets
v
Obecné
Jan 03, 2023 at 06:48
Market knowledge, passion and dedication are needed for success in Forex trading. When traders have enough knowledge, it accumulates confidence in them. So, traders should never compromise with knowledge acquiring.
Most people fail because
v
Obecné
Jan 03, 2023 at 06:47
Technical and fundamental analyses are the weapon for this. While trading, we mostly prefer looking at indicators but we don’t know that candlesticks’ shape and sizes foretell us the market’s direction.
What is a good performance?
v
Obecné
Jan 03, 2023 at 06:44
Risk management policy is the weapon of trading. Alongside so, try to trade with micro accounts with low leverage and spread on pairs.
How much should you invest in trading
v
Obecné
Dec 11, 2022 at 12:44
A well-defined risk management policy can make your trading melodious for you. Beside so, you should start Forex trading initially with a low capital.
There is no short cut
v
Obecné
Dec 11, 2022 at 12:42
We can’t deny the importance of a Forex broker because they work as an intermediary and some brokers also provide signals to traders so traders can gain some profit.
Money Management Tips
v
Obecné
Dec 09, 2022 at 10:29
To capture these points, try to use trend lines and fibonacchi. It shows traders with different trading angles and points. Moving average and RSI are good indicators.
Most people fail because
v
Obecné
Dec 09, 2022 at 10:28
Make sure consistent losses don’t deject you. Take a deep breath and increase the amount of learning. If traders trade in Forex using less risk, things are not like this to traders.
Forex market offers great opportunity
v
Obecné
Dec 09, 2022 at 10:27
Extensive market knowledge is essential because it helps traders consider different market aspects while analyzing. Knowledge on how to handle volatility need is needed.
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