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To manage risk reward ratio
in
General
May 29, 2021 at 16:46
Yes, you are right. Discipline should be applied to maintain risk management.
A good strategy can
in
General
May 28, 2021 at 16:51
Yes, that's right. A good strategy helps to bring profit but in this case, money management and risk management need to be controlled. Emotional trading should not be done.
News trading is very tempting
in
General
May 28, 2021 at 16:48
Of course. It is very important to know the fundamental analysis. Fundamental can protect the trader from loss.
To Demo or not to Demo
in
New Traders
May 27, 2021 at 14:39
There is a lot to learn from demo trading. If a trader refrains from demo trading, he needs to do real trading to develop his skills. And there is a fear of losing money when doing real trading.
New to Forex
in
New Traders
May 27, 2021 at 14:35
Choosing the right broker is essential to make money in trading. If a trader makes a mistake in choosing a broker, he will not be able to make a profit.
Emotional Trading
in
General
May 26, 2021 at 15:01
Profits cannot be gained by trading for a long time if emotions cannot be controlled. Emotional trading tends to ruin a trader's investment. So stay away from emotional trading.
Losses are a part of trading
in
General
May 26, 2021 at 14:50
Creating a forex strategy is a must for every trader. There will be a loss in trading but to cover that loss you have to maintain the risk. I think it is possible to cover that loss by maintaining a 1: 2 risk ratio and trading.
There is a proverb that practice
in
General
May 25, 2021 at 14:58
Yes, it is possible to develop skills by practicing the demo. Knowledge about many strategies is created.
Believes.
in
General
May 25, 2021 at 14:53
Yes, this is usually done by beginner traders. However, in many cases, many experienced traders do it. We need to control our mindset. If psychology is not maintained properly, it will be very difficult to make a profit.
TB approach analysis.
in
New Traders
May 24, 2021 at 16:24
Developing a strategy is a process. Which every trader has to work with. If a trader tries to trade without knowing about this process, he will have trouble making a profit.
Forex Community
in
General
May 24, 2021 at 16:15
Yes, I enjoy it as much as you do. In the presence of so many traders and to share their views.
Help
in
New Traders
May 23, 2021 at 16:31
I think you should use the demo platform of that broker to choose the right broker. The demo platform helps a lot in improving the trading experience.
News trading is very tempting
in
General
May 23, 2021 at 16:26
Yes. Market momentum changes in news trading. And this time the market became volatile. Due to the volatile price movement is more. However, news trading is very risky.
There is no way to take revenge
in
General
May 22, 2021 at 15:25
Forex trading involves trading with a positive mindset. If I ever think that my mindset is having problems I refrain from trading that day. Because revenge trade is harmful to traders. And usually the tendency to trade revenge increases after a loss.
Forex Community
in
General
May 22, 2021 at 15:16
There are many benefits to being in the trading community. myfxbook is such a trading community where beginners from traders to professional traders share their experiences.
Those who can't learn will be eliminated by the market
in
Experienced Traders
May 21, 2021 at 16:15
Trading education requires a lot. If a trader tries to trade without education, he will drop out of trading. It is not possible to trade without skills and knowledge.
How to answer what do you do for a living?
in
Experienced Traders
May 21, 2021 at 16:02
Forex will not give me mental pressure if I can manage the risk. Money Management and Risk Management will help me trade freely.
Forex trading
in
New Traders
May 20, 2021 at 13:40
Books spread the eye of human knowledge. Books help in collecting many strategies and psychology in trading.
New to Forex
in
New Traders
May 20, 2021 at 13:36
Yes, that's right. It is never possible to trade without a broker. First of all, I should choose a reliable broker. Then you have to gain knowledge from different websites.
To Demo or not to Demo
in
New Traders
May 19, 2021 at 16:47
Skills can be developed using a demo account. A profitable strategy can be created using a demo account. So a demo account is very important for every trader.
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