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We should not think
på
Allmänt
Jul 05, 2021 at 11:17
Aim for small goals, and TP on it, after all absolute returns will make you satisfied rather than actual returns on each trade.
importance of skills
på
Allmänt
Jul 05, 2021 at 11:14
Skills are important in any work, And more important is to manage your risk, skills play important role here.
How long it takes to learn
på
Allmänt
Jul 05, 2021 at 11:05
Might be 5 years or 5 months it all depends upon on how fast you understand this volatile market.
Signals are profitable?
på
Allmänt
Jun 23, 2021 at 06:12
Agreed, not possible always. what I do to handle this situation is to keep my trading journal maintained and when I have sufficient funds with me I open positions
What happens when demo accounts expire ?
på
Allmänt
Jun 23, 2021 at 06:08
No need to worry about expiration of demo account, learning are with you always. Open another demo account with any broker and apply strategies there!
Why stop loss order are important and tips ?
på
Allmänt
Jun 23, 2021 at 06:05
Really don't about big firms are suing that but as a retail forex trader, it is always better to exit the position with small loss other wise have to go home with the big sack of loss. Moreover if trade returns to the better position you can enter there as well. its all about timing and managing the risk.
There are lot of common mistakes
på
Allmänt
Jun 18, 2021 at 10:47
Newbies are always in hurry of getting big profits, I don't know what excite them so much but they should know that the riches outside are doing so hard on forex trading.
About news trading
på
Allmänt
Jun 18, 2021 at 10:40
I agree that news plays important part in forex trading but completely trade on sentiments of the news is not good I think. As a trader you should know that when to trade and when to not by carefully looking for buy and sell points on charts.
Risky business
på
Allmänt
Jun 18, 2021 at 10:33
Forex trading is risky for everyone and that's why this is the place where only skillful trader can take the advantage. Back-testing of strategies is the only way to be sure whether that trade plan will work or not.
Most traders don't get success
på
Allmänt
Jun 18, 2021 at 10:25
Most of forex traders not able to make up as they quit too early by flowing in the emotions. Forex trading only demands lot of practice with every time something different and better on trades.
Purpose of demo trading
på
Allmänt
Jun 18, 2021 at 10:22
Yeah absolutely buddy, agree to it in addition.
Purpose of demo trading
på
Allmänt
Jun 15, 2021 at 11:14
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
Free sources of professional Forex education
på
Allmänt
Jun 15, 2021 at 11:06
Pipsology is the one from where i have learnt many crucial things. The plus point is they updates their content time to time.
In trading consistency is important
på
Allmänt
Jun 15, 2021 at 11:04
I think profit is the later stage of forex trading. This comes only after regular practice and with proper back testing of forex strategies.
How long it takes to learn
på
Allmänt
Jun 15, 2021 at 11:00
This is something correctly said, practice is the only key to attain success on forex trades.
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