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Demo Trading Advantages
Genel
içinde
Aug 24, 2022 at 03:58
It’s really good to use demo account for practice:No risk.Helps In self Analysis Builds Confidence.Helps to build strategy.
Luck is important
Genel
içinde
Aug 24, 2022 at 03:56
Yes, I agree , Long term trading can be profitable only when you apply good knowledge and strategy and not rely on luck.
Is investing in the forex market risky?
Genel
içinde
Aug 24, 2022 at 03:54
Traders are responsible for their own risk, and it can only reach out if they allow it. Risk management plays a key role in trading which many newbies skip in the flow.
Money Management Tips
Genel
içinde
Aug 24, 2022 at 03:52
Money plays an important role in trading, but one should focus on learning rather than focusing only on money.Money is the result of what you learn and apply.
Is trading hard?
Genel
içinde
Aug 23, 2022 at 04:31
Initially I used to feel that trading was hard as I did not had the skill set to perform well but by learning steadily it gave me more confidence and clarity.
Essentials of success
Yeni Traderlar
içinde
Aug 23, 2022 at 04:28
Success takes time but I always stick to these points:1.Trade like a business, not as a passion or a profession.2.Set reasonable goals for your objectives. 3.Always Use a Trading Plan4.Never stop learning new skills and strategies
Forex market offers great opportunity
Genel
içinde
Aug 23, 2022 at 04:26
One should very well understand when to start and when to stop. Grabbing the right opportunities is however important too.
Are you afraid to lose your trade?
Genel
içinde
Aug 23, 2022 at 04:19
I agree, the losses are a part of trading and they give us experiences of what to be careful about while trading. So I consider losses as a learning experience.
Money Management Tips
Genel
içinde
Aug 22, 2022 at 04:34
In order to safeguard your capital and succeed in trading over the long run, it is crucial to have a solid grasp of the many aspects of risk and to implement a plan to control uncertainties.So Money management is important in all aspects of trading.
Mind or Machine? What’s Better For Forex Trading?
Genel
içinde
Aug 19, 2022 at 10:11
Keen to hear others' response as well.
Mind or Machine? What’s Better For Forex Trading?
Genel
içinde
Aug 19, 2022 at 10:09
One’s intellect and machine learning with its usage brings out the best combination by keeping balance. I believe somewhat the same.
Scalping
Genel
içinde
Aug 18, 2022 at 10:17
Yes , Even I like scalping, it gives me quick results. I am learning new Trading strategies too.
What is the importance of knowledge?
Genel
içinde
Aug 18, 2022 at 10:12
Yes, to be a successful trader one should track the daily chart patterns and broad economic issues that influence financial markets.
Scalping
Genel
içinde
Aug 18, 2022 at 10:09
With practice one can refine the scalping skills, however I personally like it over any other trading strategy .
Forex is not like gambling
Genel
içinde
Aug 18, 2022 at 10:06
To trade in forex, one must examine fundamental analysis and technical analysis . Trading is a skill unlike gambling which is just a matter of luck.
Leverage is useful or not ?
Genel
içinde
Aug 18, 2022 at 05:02
Choosing the correct level of leverage is crucial for traders to manage risk because it can magnify both gains and losses.And I prefer leverage below 30x.
Can forex trading make you rich ?
Genel
içinde
Aug 18, 2022 at 04:45
If you are an exceptionally good Forex trader, this could make you wealthy. But one should know when to enter and exit the market.
Emotion in Forex trading
Genel
içinde
Aug 17, 2022 at 12:30
Although it is frequently said that fear and greed are the fundamental drivers of market behavior, other emotions, like anger and disappointment, are also potent motivators of behavior and one should always be mindful while trading.
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