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Range Trading.
in
General
Oct 15, 2020 at 00:59
The Forex market depends on supply and demand. The range is created when a trend tries to change. The support and resistance of Range Trading are very important. It is possible to trade with confidence in the range. Since the market is volatile, the stop loss has to be a little higher. However, many precautions have to be taken when the market is in range.
Money Management Systems.
in
General
Oct 15, 2020 at 00:38
Money management is the backbone of trading. By money management, I mean to include every trade in the plan. No more than a 2% risk can be taken for each trade. If your balance is 1000, then you can trade at 10 cents, which means 1 cent for every 100. If the profit is like 20 pips, you have to bring stop loss at the entry point.
Good broker is needed
in
General
Oct 14, 2020 at 00:07
You need a good broker to trade. If the broker is not good, there are many problems. It is best to trade with a broker whose service is good and reliable.
Investing in Forex
in
General
Oct 13, 2020 at 23:55
You can invest your money in trading through a broker. The broker can lead you to success by providing you maximum support.
Very tough business.
in
General
Oct 13, 2020 at 01:12
Yes, you are right, trading is a very difficult business. It is very difficult to make a profit in this business. Without proper discipline and education, it is not possible to get good rewards from trading. You can't trade without patience. So it is not possible to trade without gathering knowledge.
Tools to trade.
in
General
Oct 13, 2020 at 00:56
There are many tools available in the Forex market. And you have to trade by combining these tools. There are many problems due to different signals. However, if you can combine these tools, then the trading results will be much better.
Stop loss is a killer if
in
General
Oct 12, 2020 at 01:14
Context is an important part of the Forex market. It is very difficult to make a profit from trading if you have no idea about the market context. Whether the market is in trendy momentum or volatile momentum can be understood by market context. Protects stop-loss trading. Risk cannot be maintained without stop loss.
Learning Forex is critical
in
General
Oct 12, 2020 at 00:59
Knowledge cannot be developed without trading practice. It is possible to make trading decisions through proper practice. If a trader continues to trade without developing skills, he will never be able to succeed. So every trader should practice trading and gather a lot of information about trading.
Strategy is very important but
in
General
Oct 08, 2020 at 23:05
There can be no such thing as a Forex market in the virtual world. People are taking it as a gamble so they can't succeed in trading but if you think positively then you will understand that success will come one day if you trade with patience according to the plan.
Most people fail because
in
General
Oct 08, 2020 at 22:45
Most people fail in trading because of their weak psychology. If psychiatry is weak, it is not possible to profit consistently. You have to trade according to the plan. Joining trading without a plan can lead to many problems.
Following other's trade ideas
in
General
Oct 08, 2020 at 00:09
It is very important to believe in your analysis in trading. Many traders can do good analysis but rely on the analysis of others due to a lack of confidence. The next observation was that his analysis was good. So it is very important to build confidence in your trading analysis.
100% profitable trades, just do it))
in
Experienced Traders
Oct 07, 2020 at 23:56
Yes I believe, the market of trading possibilities. No trader can talk about 100% profit. However, if your analysis is good, you can trade with a 95% probability. But if someone says he will guarantee 100% profit then he is cheating with you.
Greed is dangerous
in
General
Oct 07, 2020 at 01:31
Greed destroys the trading career. People join trading with many dreams but your dream will never be fulfilled if you cannot give up greed. To succeed in trading, you must first give up greed and fear.
Forex is an investment business
in
General
Oct 07, 2020 at 01:16
Most people want to make a lot of money by making small deposits in trading. Such an attitude of theirs causes loss in trading. Many traders want to get rich overnight. In the greed of getting rich, he trades uncontrollably and falls into a loss. First, we have to change our mindset then we have to trade with patience.
pc on all the time
in
General
Oct 06, 2020 at 01:06
I don't think it's wise to keep the PC open all the time. If you keep the PC open unnecessarily, it can put a lot of pressure on it.
What are good stats in Forex
in
General
Oct 06, 2020 at 00:50
If you want to start forex trading, you need a good broker first. Do the demo practice under the broker. You have to learn a lot. You have to practice the demo for at least 6 months. You need to learn trading online or from a mentor while practicing the demo. And when you see that you are making a self-sufficient profit in demo trading, then you will join real trading. Always try to trade according to the plan with patience.
I NEED A FOREX GROUP
in
General
Oct 05, 2020 at 01:39
Do you just trade technical analysis or do you add more to it? If you provide your analysis to the group, many traders will benefit from it. So you start the group very quickly.
Beginners Greed
in
General
Oct 05, 2020 at 01:23
When we join new trading, our dreams are much bigger. Having big dreams, I try to make a lot of profit with a small investment. As a trader that is never acceptable. Greed destroys the trading career. If you trade with patience and discipline then success will come one day but if you are more greedy then you will never get profit from trading.
ThinkMarket broker
in
General
Oct 01, 2020 at 23:12
Regulated brokers never cheat with clients. It is better to trade with a broker whose spread is low and whose service is very reliable. If the broker is not good then it is not possible to go ahead in trading.
Useful software for market analysis?
in
General
Oct 01, 2020 at 22:55
There is much useful software for analysis in trading. Software that helps you to profit consistently. I use Moving Average and macdi divergence trading platforms. This expert advisor helps me a lot in trading.
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