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Patience is best tool to get success
Yeni Traderlar
içinde
Aug 12, 2022 at 10:58
You don’t realise how important it is to keep patience until you have to pay for your eagerness. The market is constantly moving and you don’t get it easily. Develop a market understanding and take as much time as you need before you start getting negative thoughts about trading.
Indicators are useful but
Genel
içinde
Aug 11, 2022 at 11:00
That’s true! The only thing you can fully trust is market analysis. Indicators do make it easier for us to decide upon entry and exit levels. But using too many indicators or relying too much on them would only make trading harder for us!
Demo can not make you well experienced
Genel
içinde
Aug 10, 2022 at 10:32
Demo trading can surely help you to develop your skills as a trader and it does give us confidence to trade on a live account. But the transition from a demo account to a real account will never be easy. I think actual trading experience is gained when you go live in the forex market and get exposed to the market risk.
Consistency is the brick
Genel
içinde
Aug 09, 2022 at 11:46
What differs successful traders from others is consistency. Forex trading is a profession where you get better with time and testing. Since a lot of trials and errors are involved in this and constant analysis of the market, you can’t get better at it in a short period of time.
Forex market offers great opportunity
Genel
içinde
Aug 09, 2022 at 11:46
Forex trading is a great opportunity to make money online. However, don’t look at all the good parts. It is a risky market. So unless you are not prepared, do not take any risk and practice only on a demo account.
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