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I think every successful trader
trong
Thông tin chung
May 12, 2021 at 11:12
Good idea if the trade plan is a good one but if it is a bad one you are just digging a hole for yourself
Losses are a part of trading
trong
Thông tin chung
May 12, 2021 at 11:11
Losses are part of trading but at what point do you say your strategy is not working. 1 loss , 10 loss, 100 loss?
In trading everyone should have some rules
trong
Thông tin chung
May 12, 2021 at 11:11
I prefer to use other traders strategies. I tried to build my own but none worked. Now I use other peoples knowledge to help me trade
Forex Trading
trong
Nhà giao dịch mới
Apr 22, 2021 at 10:37
Get a demo account as well. and stay with it for 3 months
Continuity in trading
trong
Nhà giao dịch mới
Apr 22, 2021 at 10:37
40% a month is an incredible amount. Even the best hedgefunds can only get around 20% in a year. How do you get 40% in a month?
Money management is an integral
trong
Thông tin chung
Apr 14, 2021 at 11:40
Money management is important for those with a large and a small account. But if you are new trader then just use min Lot size to start with and then focus on MM when you get the hand of the other aspects of trading
Profit targeting
trong
Thông tin chung
Apr 14, 2021 at 11:39
So true. I wanted 100pip a day when I started. Now I would be lucky to have that in a week. Keeping appropriate targets is very important
Risk management is indeed the best
trong
Thông tin chung
Apr 14, 2021 at 11:38
Risk management is one of many factors that make a winning trader. The key part of RM is to help minimize draw downs. RM will not make you rich but it could help you stay trading longer so that you can learn the other skills
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