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Really? Long term is worth the wait?
på
Allmänt
Aug 10, 2020 at 05:46
Nothing that you have been learning and gaining a new skills are done in the short term. Everything is done in long term plans. Long term trading can give you so many opportunity to have a new skills - discipline, patience, risk manager, money manager and many more.
Luck or Hard Work?
på
Nya Handlare
Aug 05, 2020 at 07:43
I think both play a factor in determining your role in trading.
How to Avoid Forex Losses In Forex Trading?
på
Nya Handlare
Aug 05, 2020 at 07:41
As much as I want to avoid losses in forex trading, you can't. It is never going to happen, however you can minimize the losses by1. Learn about money management2. Learn about risk management3. Putting Stop Loss4. Lower level of leverage5. Trade with confidence but not too over confidence.
Knowldge is important
på
Nya Handlare
Aug 05, 2020 at 07:39
Definitely having proper knowledge about the forex trading and market can bring a huge change in your trading skill. It is very important to have the knowledge when it comes to that and without that, you would be having zero clue about your trading
Successful Trading Rules
på
Nya Handlare
Aug 04, 2020 at 07:35
Again, a very nice list you made. Appreciating your effort.
Steps to Mental Success in Trading
på
Nya Handlare
Aug 04, 2020 at 07:34
These are very nice tips, so thank you for sharing them.You can add one more which is about emotions, I think they are very important when it comes to trading.
How to Successful Forex Trading Mindset?
på
Nya Handlare
Aug 04, 2020 at 07:28
There is no successful mindset because your brain will alter at one or certain point of trading time. The most important thing that you have to do is to take out your emotion before trading. This way, you will be able to grasp the trading.
Is forex is best source of income?
på
Nya Handlare
Jul 30, 2020 at 07:43
One of the good source. Freelancing is another option, but only if you are well-known in niche community else it is hard.
Can you leave Forex Trading?
på
Nya Handlare
Jul 30, 2020 at 07:42
I personally think that people who are accustomed to forex trading would find it hard to leave the forex trading because they are already used to it because they believe that it is probably one of the best way to make the profit.For me, I would say that I can leave at any time but why would I?
1:200 leverage
på
Nya Handlare
Jul 30, 2020 at 07:37
Definitely. I think with risk management taken into will reduce the potential risk, but then I do not think the newbie would understand and get the concept of RM easily, would they? I wonder
Patience is best tool to get success
på
Nya Handlare
Jul 29, 2020 at 08:21
Patience is very important, I will have to say that. And yes, it is a virtue like the user above said it. It helps you to develop a characteristic trait that will be useful in your life.
Beginner in forex
på
Nya Handlare
Jul 29, 2020 at 08:20
I believe having focused on making a trading in demo can be beneficial for the long run because it is the first place to be at.
Why are forex traders interest rates so important?
på
Nya Handlare
Jul 28, 2020 at 06:00
There is actually perfect explanation in here: https://www.babypips.com/learn/forex/interest-rates-101Hope this helps.
scalping easy ?
på
Nya Handlare
Jul 28, 2020 at 05:58
The scalping is not really easy technique. In fact, it relies on the spreads and commission to make them up for the profitable returns and sometimes those returns do not show any desirable result. I think there should be lots of knowledge and time spent on doing scalping.
What is realistic forex return?
på
Nya Handlare
Jul 28, 2020 at 05:56
If you are looking for monthly, it would be very profitable if you can make the forex returns being more than 5% to 10%, that is actually a lot to consider because there is always risk involved in trading. Sometimes, we cannot make the same returns but it is always important to make sure to back it up with technique to minimize the loss.
1:200 leverage
på
Nya Handlare
Jul 27, 2020 at 06:35
Are you sure? This is very risky for the beginner, even for the experienced trader as well. I think the beginner should be sticking with using upto 20x leverage.
How to test my system Performance?
på
Nya Handlare
Jul 27, 2020 at 06:30
It could be possible that you have not grasp the concept of the price action, or the trading itself. Why don't you try to experiment and strategize your trading style in demo account? I am sure it would help if you find something different.
How long on a demo account
på
Nya Handlare
Jul 27, 2020 at 06:29
I remember taking almost 9 months trading in demo account because I want to make sure if I was able to make a consistency profit before taking on the live account. I will say that it would be good if are able to make the consistency in less than a year. It is not bad if it is over, but you should be making the consistency and able to strategize in risk management.
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