Feb 03 2021 at 12:32
knowledge is more important, i know but any kind of knowledge can be useless
if there is no regular practice, so we the traders have to make sure the the best practice session.
if there is no regular practice, so we the traders have to make sure the the best practice session.
risk is everywhere in Forex its a very common thing , there is no one who can deny but if you have proper money and risk management then within a very short time you can bring good amount of profit from here.
Feb 05 2021 at 00:28
If you can use money management and risk management properly, your success ratio will increase. And with that, you have to work according to discipline and plan.
Feb 10 2021 at 09:56
Yes, having a successful trading plan can make a lot of difference to trading. It keeps you motivated and you can always work hard to achieve your goals.
leahmclaughlin posted:Do you prefer sticking to a single plan of action or frame multiple ones?
Yes, having a successful trading plan can make a lot of difference to trading. It keeps you motivated and you can always work hard to achieve your goals.
Mar 19 2021 at 06:50
I think goal is important in trading. But do not force your natural trading decision based on your target.
Trade, in general, should be based not only on goals, but also on additional resources.
SteveHanks posted:If you don't set a goal, you can not make a good strategy.
I think goal is important in trading. But do not force your natural trading decision based on your target.
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Jul 28 2021 at 10:34
Tremblay posted:Yes. You are right.SteveHanks posted:If you don't set a goal, you can not make a good strategy.
I think goal is important in trading. But do not force your natural trading decision based on your target.
What are the rules? Are they coming from math?
If you can prove that you can make money grows, tons of money will flow to you.
Jul 29 2021 at 07:33
automated trading is a source to bring profit even though there is no trading knowledge and experience , so of course someone can use it with no doubt.
Jul 29 2021 at 10:48
Only trade if you are 100% confident in the trade. That is my 1 and only trading rule
In my opinion, every trader must have some rules which he/she has to comply. To my mind, these rules are:
1. Never be greedy and don't rush. It's verysignificant mainly because you are able to avoid serious mistakes. Of course mistakes are your experience, however if there are people who already made these mistakes, then you'd better listen to their advice.
2. Don't neglect money management and risk management practices. Actually, it's the same as the first rule, neverthless it's much more detailed rule, you know. Don't open a position if you're not sure.
3. Concentration and learning. It's simple. Just learn and practice, learn and practice. On demo, on a real acount or somehow else. Always concentrate on your trading activity and weigh all pros and cons according to a particular situation.
1. Never be greedy and don't rush. It's verysignificant mainly because you are able to avoid serious mistakes. Of course mistakes are your experience, however if there are people who already made these mistakes, then you'd better listen to their advice.
2. Don't neglect money management and risk management practices. Actually, it's the same as the first rule, neverthless it's much more detailed rule, you know. Don't open a position if you're not sure.
3. Concentration and learning. It's simple. Just learn and practice, learn and practice. On demo, on a real acount or somehow else. Always concentrate on your trading activity and weigh all pros and cons according to a particular situation.
Jul 31 2021 at 17:44
Practice in the demo to build a god partible trading strategy.
Sep 05 2021 at 13:37
Don’t be greedy or take the trade with emotion.
Being greedy is the most dangerous thing in Forex trading. Controlling emotions is the best part in Forex trading. Those who can't control will lose money.
Be patient, don't be greedy. Expect what you can achieve according to current skills and focus on developing more skills and experience.
Sep 06 2021 at 20:04
NzeCapitalTrades posted:
1.Always Use a Trading Plan.
2.Treat Trading Like a Business.
3.Use Technology.
4.Protect Your Trading Capital.
5.Study the Markets.
6.Risk Only What You Can Afford.
7.Develop a Trading Methodology
8.Stoploss should be placed manually or automatically always
9. Give no room for emotions.
Always have a good strategy
