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Superfluous
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Superfluous
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Most people fail because
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ทั่วไป
Jun 24 at 05:49
The most typical causes of failure are overconfidence and greed. People frequently allow their desire to earn more and more to take control of their decision-making abilities.
Money Management Tips
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ทั่วไป
Jun 24 at 05:48
Managing money and risk is all about avoiding unfavorable risks and losses, thus if you want to have a healthy trading life, we must always monitor our money management.
Gold broker recommendations
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ทั่วไป
Jun 22 at 12:44
You should look for brokers with thin spreads and fast trade executions. Here are a few options you can consider for gold trading- TurnkeyForex, FXChoice, SuperForex, and Lmfx. They offer low commissions as well.
Most people become unrealistic
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ทั่วไป
Jun 17 at 06:06
It's natural for people to expect huge things from something when they see a lot of other people getting a lot. People remark about how much money a trader makes without considering the amount of effort they put in previously. New traders must realise that they cannot expect to make large gains right away. To get to that point, you'll need a lot of dedication and consistency.
Is trading hard?
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ทั่วไป
Jun 17 at 06:05
Forex trading is difficult because the market is volatile, but your knowledge and skills will undoubtedly assist you in making money.
Can you become millionaire through expert advisors?
ใน
นักเทรดมือใหม่
Jun 15 at 04:52
Imo, EAs can really be profitable if the trader knows how to operate them. They are only recommended to experienced traders as it has its limitations and for a newbie to use it, he should know how to trade manually.
Consistency is the brick
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ทั่วไป
Jun 13 at 05:27
I think consistency is something that comes from discipline. Without discipline it will be hard to maintain consistency. Forex trading is not a one time game that you can just play and get over with it. You will have to build your foundation brick by brick until you reach the desired level of success as a forex trader. Just do things at your own pace and compete with yourself. Success always comes to those who have skills and passion and take consistent efforts towards their goal. In that sense, consistency is indeed the brick when it comes to forex trading.
Mind or Machine? What’s Better For Forex Trading?
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ทั่วไป
Jun 10 at 04:33
Machines can be helpful to execute mundane works with speed and accuracy. They are good at executing the given command perfectly no matter what. They don’t have a conscience, which makes it impossible for machines to decide the right thing to do in exceptional situations. That’s why we need a human to take control of these machines and programs. I agree with the fact that human emotions can be an obstacle to making rational decisions while trading. But without these emotions we won’t even have the motivation to take up a trade. For trading bots, they just know they have to ta...
DO you get scared over drawdowns?
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ทั่วไป
May 13 at 04:40
I agree. Losses are a part of trading, and without loss, the win is invaluable. Earlier in my beginner days I used to freak out over the simplest, most smallest loss. Once after a big loss I was so scared I felt like I would leave trading. So I took a break for 5-6 months, honed my skills on a demo account and then a micro account and then came back with a ‘slay’ attitude. Losses do not matter now, and I always trust my strategy.
5 Things I have learned in 5 years of trading!
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May 13 at 04:39
Here are the 3 things I have learnt in my career- 1. Learning risk management is equally important as learning technical analysis.2. Money management is more important than using leverage.3. In order to make consistent profits in forex trading, you need dedication, lot of time, and discipline
Which broker is better
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นักเทรดมือใหม่
May 11 at 09:21
I’ve been trading with turnkey forex. They provide tight spreads with a low commission of $2/lot RT. A reliable broker with solid trading conditions.
Free sources of professional Forex education
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ทั่วไป
May 09 at 04:18
If you are looking for professional courses you can pick any from Udemy, Babypips, Coursera or Wall Street Academy. They are reputable platforms offering trading courses. I took my trading course from Udemy.
The fear of losing opportunity
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ทั่วไป
May 05 at 04:42
Every trader has this FOMO when it comes to grabbing potential trading opportunities. Imo, this should not be a problem. Forex is a highly volatile and highly liquid market, which means it is no scarcity of opportunities.
How much should you invest in trading
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ทั่วไป
May 05 at 04:41
Traders should trade only the money they can afford to lose. They should also prefer using strict risk management strategies.
There is a proverb that practice
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May 03 at 05:48
Practice gives the trader experience which helps in refining the trading skills.
What Geopolitical Risk Really Means to Your Trading
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ทั่วไป
Mar 28 at 05:43
The forex market has become highly volatile and unpredictable due to geopolitical conflicts. But now the market has begun to come back to the track. I am hoping for the best.
Is a demo account really neccassary?
ใน
นักเทรดมือใหม่
Mar 22 at 07:41
A demo account is needed in the beginning. You need to spend some time understanding the market and when you can do that without having to risk your money, I think there is no reason you shouldn’t do it.
How does experience come?
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นักเทรดที่มีประสบการณ์
Mar 21 at 06:46
Experience is not something that can be acquired, but is rather something that is earned with passage of time. A journey full of victories and losses, traders need to understand that it is essential to keep working, updating your trading style and methodologies in accordance with the dominant trends in the market to last long in the field and earn maximum profits.
How much should you invest in trading
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นักเทรดที่มีประสบการณ์
Feb 21 at 07:29
A very common query and confusion among novices, trading can be started with an amount as little as $100. Another benefit of forex trading is that you don’t need a fixed capital to trade. So, rather than worrying about capital, you spend time honing skills that will help you multiply your investment.
GOLDEN Rules of Profitable Trader's
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นักเทรดที่มีประสบการณ์
Feb 21 at 07:20
Golden rules for all traders for succeeding are: focusing on only your trading system and devising your own set of strategies, honing risk and money management skills in order to survive long, have a risk reward ratio above 1:2, and most importantly manage emotions.
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