Yes, it might seem to be too tough in the start, but eventually if a trader works hard on this skills, gives proper time to research and planning, then gradually trading won't seem that hard
Feb 08 at 08:03
nothing comes free or easy. if it would have been easy then every human being would have started trading.
having a losses is very common attitude and there is no one who
can avoid it in spite of having most powerful analyzing trade knowledge and experience.
can avoid it in spite of having most powerful analyzing trade knowledge and experience.
Feb 12 at 11:01
dennisstanley posted:
It is not as easy as it seems and it does take some practice and learning. No one can be a forex trader in a day right.
An experienced trader has gone through many losses and then only he was successful in making profits. That’s why he is considered as experienced.
Confidence is needed but over confidence is will harmful, sometime because over confidence then leading trader being greedy in trades, and dare to take high risk in trading witch actually the market very dynamic and not always after trader open trades then will directly get profit.
Maxwelljoe posted:dennisstanley posted:
It is not as easy as it seems and it does take some practice and learning. No one can be a forex trader in a day right.
An experienced trader has gone through many losses and then only he was successful in making profits. That’s why he is considered as experienced.
You are very much correct. We all learn from our failures and in trading, you lose, you learn and then you earn.
Feb 15 at 10:34
starlavey posted:Maxwelljoe posted:dennisstanley posted:
It is not as easy as it seems and it does take some practice and learning. No one can be a forex trader in a day right.
An experienced trader has gone through many losses and then only he was successful in making profits. That’s why he is considered as experienced.
You are very much correct. We all learn from our failures and in trading, you lose, you learn and then you earn.
Infact, what I do is, I keep a track of all my trading strategies while trading through fxview and FXTM. So in situations of losses, with the help of my journal on myfxbook, I try to figure out why my strategy didn't work and then I do the changes accordingly. These things help in a better learning of the trading market, increasing the chances of profits.
Maxwelljoe posted:starlavey posted:Maxwelljoe posted:dennisstanley posted:
It is not as easy as it seems and it does take some practice and learning. No one can be a forex trader in a day right.
An experienced trader has gone through many losses and then only he was successful in making profits. That’s why he is considered as experienced.
You are very much correct. We all learn from our failures and in trading, you lose, you learn and then you earn.
Infact, what I do is, I keep a track of all my trading strategies while trading through fxview and FXTM. So in situations of losses, with the help of my journal on myfxbook, I try to figure out why my strategy didn't work and then I do the changes accordingly. These things help in a better learning of the trading market, increasing the chances of profits.
How is fxtm in term of trading conditions?
Forex trading can be one of the simplest ways to earn money. You can earn a lot more money as a Forex trader than you would working retail. You also do not have to worry about the hassles of a regular job. You are basically your own boss if you are a full time trader.
UweMoench posted:
Forex trading can be one of the simplest ways to earn money. You can earn a lot more money as a Forex trader than you would working retail. You also do not have to worry about the hassles of a regular job. You are basically your own boss if you are a full time trader.
That's correct, but all this is only possible if a trader has proper skills, knowledge and management on how he's trading. What do you think?
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