Nov 06 2020 at 07:38
A consistency in profits is like a mirror that reflects stability and growth. It is important that a trading system is stable. There should be a proper risk management technique to determine the success of a trading system.
Nov 06 2020 at 12:05
Forex trading gives you chances to improve over time. Staying stagnant might keep you from making better trades.
Multiple factors play and determine if you will make money. The 3 most important things about trading which you need is
*To be able to manage your emotions and have a good headspace
*Perfect money management (VERY IMPORTANT)
*Entries and everything that falls into that category. Risk Management, Exiting, NEWS AVOIDANCE, etc
So my overall opinion is that there isn't one thing that you treat more important, Many things determine how your system will perform if you dint have Money management but your system and psychology and trading entries and so forth are good but you don't have any money management you won't make no money long term.
You get the point I'm sure so make sure everything up to standard and you will be making consistent profits
*To be able to manage your emotions and have a good headspace
*Perfect money management (VERY IMPORTANT)
*Entries and everything that falls into that category. Risk Management, Exiting, NEWS AVOIDANCE, etc
So my overall opinion is that there isn't one thing that you treat more important, Many things determine how your system will perform if you dint have Money management but your system and psychology and trading entries and so forth are good but you don't have any money management you won't make no money long term.
You get the point I'm sure so make sure everything up to standard and you will be making consistent profits
Practise Makes Paper
Dec 19 2020 at 14:41
According to me, Success in the forex market mainly depends on your trading strategy.
Jan 08 at 09:31
Good management is the key. Both risk and money should be properly managed for successful trading. Working constantly on the strategy also helps.
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