New in forex trading
voketexpert posted:.
Multi-demo accounts are a good idea.
You need persistent technique in a long time.
Remember the fatal factor, your mental.
Why is multi-demo account better than one demo account? I do not understand what benefit this could bring
yellowman94
从……加入成为会员 Oct 09, 2018
41个发言
Oct 10 2018 at 10:02
1. Focus on the Process and the Profits Will Follow
2. Trying Harder Is the Worst Thing You Can Do
3. Take Responsibility for Everything
4. When in Doubt, Do Nothing
2. Trying Harder Is the Worst Thing You Can Do
3. Take Responsibility for Everything
4. When in Doubt, Do Nothing
Knowledge is the key to success in Forex. There is nobody who can make success from here without knowledge . so we have to emphasis on acquiring real trading knowledge and we can get most powerful analyzing trade knowledge by passing a long time. Otherwise that’s not possible at all.
I have seen so many forex trader always consider high leverage at risk , but I don’t consider it at all. if there is any risk it is completely with non-sense planning and zero risk managing plan , nothing to do with high leverage at all.
yellowman94 posted:
1. Focus on the Process and the Profits Will Follow
2. Trying Harder Is the Worst Thing You Can Do
3. Take Responsibility for Everything
4. When in Doubt, Do Nothing
Point number 5 is, try to demo until you are consistent! Because I see, a number of new traders try to jump for live trading too early.
GreenTrades
从……加入成为会员 Aug 16, 2018
11个发言
Oct 24 2018 at 07:37
AniLorak posted:yellowman94 posted:
1. Focus on the Process and the Profits Will Follow
2. Trying Harder Is the Worst Thing You Can Do
3. Take Responsibility for Everything
4. When in Doubt, Do Nothing
Point number 5 is, try to demo until you are consistent! Because I see, a number of new traders try to jump for live trading too early.
6. Patient and discipline are the key to make all the points go smooth.
Accept that there will be losses. No trader gets it right 100% of the time. Many trader have losing months so don't freak out of you win one week and lose the next
My advice for new traders is make sure that you have enough knowledge and tools to trade this market. There is always a winner and a loser, just pick your side. You are the only one who has the control over your entries and exits. A very important point that helped me after I started was to split my capital into many different accounts and use different trading strategies. You cannot always win but you cannot always lose (unless you are really not made for this). Be patient, do not overtrade, analyze the market and watch out for high impact news releases.
I wish everyone a happy and safe trading, there is a lot of money to make on the Forex market but there is also a lot of money to lose. Be patient, be careful and ask for advice if you don't know how to trade this market.
I wish everyone a happy and safe trading, there is a lot of money to make on the Forex market but there is also a lot of money to lose. Be patient, be careful and ask for advice if you don't know how to trade this market.
Penrose2000
从……加入成为会员 Oct 26, 2018
10个发言
Oct 28 2018 at 07:41
Keep trying. If you blow 4 demo accounts then try a fifth. You will never get anywhere without trying and persistance.