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How to trade effectively in forex?

Jakemark
Nov 11 2020 at 09:44
37 โพสต์
Books. Learn more. If you have the right knowledge, you are in a better position to evaluate what’s being suggested to you.

ElliotCooke
Nov 11 2020 at 20:59
341 โพสต์
trading is not a game. If you want to become successful in the market, you have to learn all the basics of forex perfectly.

Garrywilson
Nov 12 2020 at 04:16
37 โพสต์
another thing - don’t step back if you want to be consistent with even the slightest profit margins.

Adamgylicrist
Nov 12 2020 at 06:12
38 โพสต์
Can create an EA base and invest an hour or two monitoring it. Deploy it on Metatrader 4 or 5. Ensure it’s in sync with the real time news or it would skip starting/stopping the trades at right times. Won’t be the case if you are in front of your screen and keeping a tab on the updates.

Darren Flynn (4xSolutionsza)
Nov 12 2020 at 09:01
5 โพสต์
Start by subscribing to the youtube channel,

The information provided here is very detailed.
https://www.youtube.com/channel/UCiTFIPLu6dg1JiCBzTk1U_A/playlists?view_as=subscriber

There is no indicator, or robot that will make you consistently or sustainably profit over many years. The only way to be a true investor in Forex is to teach yourself with the right material. All those marketing, their 10 houses, Ferraris, Lambo's, Holiday in paradise. Are selling you something unrealistic as a new trader.

You can also join our Telegram group for more advice:
https://t.me/chat_4xsolutions


Mitchelsantner
Nov 12 2020 at 10:13
34 โพสต์
Backtesting is crucial. Whenever you create a new strategy or using an automated one, test it once on the currency pair you want to trade. I have been doing it for USDCAD with Axitrader. I suggest to use less volatile pairs at first and then step to exotic pairs. I didn’t trade with AUDUSD as I wasn’t much convinced with the historical data I downloaded. You can do it on either of the platforms - mt4 or mt5.

Shelby10
Nov 12 2020 at 15:18
140 โพสต์
Choose the best strategy to trade effectively in the foreX market.

DoraWalletInvest
Nov 12 2020 at 15:55
123 โพสต์
I also think that no newbie should quit their job and try trading full-time rightaway. There is a lot to learn and practice before you can get consistently profitable, and it also takes capital to be able to start to make a living. As a long-term plan, though, trading instead of working a job you don't love sounds great, good luck with it!

GeorgeBischof
Nov 14 2020 at 11:27
318 โพสต์
The most important thing in the forex market is knowledge. Without proper knowledge, you can not make money from this market.

Garrywilson
Nov 16 2020 at 03:50
37 โพสต์
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