Afterpiece’ın Gönderileri| Myfxbook

Luck is important Genel içinde Dec 14, 2022 at 10:57

Luck is no saviour. Understanding this truth saves traders from a myriad of delusions. If everything is mismanaged, luck is useless. If you take the right steps, success will be yours, and people will call you lucky, but it is actually hard work and not luck that makes you successful.

Best pamm broker for crypto? Kripto içinde Dec 12, 2022 at 09:33

You can try AAAFx.

There is no short cut Genel içinde Dec 09, 2022 at 11:08

It is crucial to understand that there are no shortcuts, and when we try one, we end up losing more than what we could actually lose. So, instead of risking it all because of focusing on shortcuts, focus on taking the right steps to achieve the right results.

How much should you invest in trading Genel içinde Dec 07, 2022 at 08:03

Depending on what you can afford, there is no set minimum to start trading forex. Among other financial markets around the world, the forex market is simpler to access, and you can even start with as little as $10. That’s the speciality of forex trading. Anyone can trade with any amount according to their risk tolerance.

What is the importance of knowledge? Genel içinde Dec 06, 2022 at 06:00

In the forex market, knowledge is essential for both survival and financial success. Forex trading is a unique project that necessitates specialised knowledge despite being challenging. You can gain the necessary knowledge by learning everything you can about forex trading. If you learn, you'll be able to decide wisely when trading. There are numerous sources of information, including books, websites, YouTube, forums, and others.

Is a demo account really neccassary? Yeni Traderlar içinde Aug 09, 2022 at 06:48

There is no rule that you have to do demo trading before trading live. But it is recommended because how will you trade if you have no skills and don’t understand the trading platform? Demo trading helps with these two, and it is a good enough reason to get started with it before taking a risk.

Intraday Trading is gambling Yeni Traderlar içinde Aug 09, 2022 at 06:47

People call it gambling because of the high level of uncertainty. But if done with the right approach, it is far different from what gamblking looks like. Gamblers have no control over their emotional self and they have no plan in hand. If that was the case with traders, they won't make any money.

Any 500 to 1 leverage brokers left? Genel içinde Aug 05, 2022 at 07:54

The brokers I trade with (aaafx and xm) offer 500:1 leverage.

scalping easy ? Yeni Traderlar içinde Jul 22, 2022 at 04:24

Scalping in forex trading is similar to high-action thriller movies that keep you on the edge of your seat since it generates profits quickly from all of our trading techniques. That is why, by and large, traders, especially beginners, rely on this trading strategy.

Learning Forex Trading Yeni Traderlar içinde Jul 22, 2022 at 04:22

Learning forex trading is not an easy undertaking, as many people believe. Learning is an ongoing process that is vital for everyone, whether they are beginners or experts. A good trading strategy, hard work and market knowledge, determination, and a genuine desire to succeed can all help you achieve your objectives.

Does emotion harm? Genel içinde Jul 22, 2022 at 04:20

A forex trader needs to be rational and reasonable at all times. And emotional thinking makes them irrational and impulsive. They make wrong trading decisions by giving into their feelings and urges. This only leads to losses in forex. So we all have to rely on facts and logic instead of feelings and emotions while trading.

Most people fail because Genel içinde Jun 07, 2022 at 06:22

I think people fail because they take forex trading very lightly. They just jump into the forex market without much thought and don’t even bother to learn or do some background research. Such people mostly end up becoming victims of scams as they look for shortcuts or lose all their money due to greed and over trading. New traders need to spare some time to educate themselves and enter the forex market with a proper plan of action and strategy.

Demo can not make you well experienced Genel içinde Jun 03, 2022 at 05:07

You must understand that the purpose of a demo account is to provide you with an idea of how your live account will work. However, you are missing out on the anxiety of losing money because you are effectively losing nothing on the demo account while losing money in the real account.

Mind or Machine? What’s Better For Forex Trading? Genel içinde Jun 02, 2022 at 04:59

When it comes to trading, human minds are unquestionably superior to machines. Due to the extreme volatility, the currency pair's value can change at any time. The human mind, on the other hand, can analyse the situation and make a better decision in light of the new circumstances, whereas the bot cannot. It's possible that you'll lose money as a result of it.

5 Things I have learned in 5 years of trading! Genel içinde Jun 02, 2022 at 04:59

Good to see such posts coming from experienced traders like you. I totally agree with all your points. It is important to stop comparing yourself with others when it comes to trading. Your competition should be with your past self and not someone else. See how you can become a better version of yourself rather than trying to beat someone else. Just keep learning and growing at your own pace. Focus on work and forget the result will be that one quote that will help you in your journey as a forex trader. Thank you for sharing your experience and valuable thoughts with us.

Forex market offers great opportunity Genel içinde Jun 02, 2022 at 04:58

There is no doubt in the fact that forex is a great opportunity to make money. In order to use this opportunity, you need to gain market knowledge and develop trading skills. Your profitability as a forex trader is determined by your skill level. Risk management is the key to success in forex trading. Trading is subject to market risks and those who master the art of managing risk will reap benefits and receive reward in the form of profits. When you decide to become a forex trader, you must be prepared to deal with the risk that you will be exposed to in each trade. But you can minimise the l...

How long does it take one to be consistently profitable with forex trading Yeni Traderlar içinde May 30, 2022 at 06:37

It can take up to a year to get familiar with the market conditions. Traders must be prepared to change their train of thought when needed. While majority expert traders talk about how learning is a constant process in trading, there are those who wish to get done with it. This is the wrong attitude. They will lose only because of the mindset.

Patience is best tool to get success Yeni Traderlar içinde May 30, 2022 at 06:37

Everyone always talks about how newbies should learn everything about the market, but they forget to mention how important the art of being patient is. You can trade successfully and win, but without patience, you won’t be able to make long term trades and after a while, short term trading will get too frustrating. Hence, patience is as important as any other skill while trading.

Demo Trading Advantages Genel içinde May 27, 2022 at 04:57

Demo accounts are without a doubt the most advantageous aspect of forex trading. It offers numerous benefits, the most significant of which is the opportunity it gives amateur traders to gain knowledge of and practice in actual trading. And they are permitted to acquire it without having to risk real money doing so.

Can you borrow money from the bank to trade forex? Genel içinde May 27, 2022 at 04:45

You can do that technically. However, investing money that was borrowed from a bank into the market is not a smart move at all and should be avoided at all costs. Imo, using leverage is better than borrowing money from the banks.

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