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Steps to Mental Success in Trading
in
New Traders
Sep 21, 2020 at 01:55
It is very important to have a positive mindset in trading. If the mentality is not positive, then we go from a negative view of trading. And it is never possible to make a profit with a negative view. Meditation helps to keep people's mentality positive. If you want to be successful, you have to maintain discipline and trade.
Steps to Mental Success in Trading
in
New Traders
Sep 18, 2020 at 00:04
If you want to succeed in trading, you have to learn trading first. It is never possible to make a profit without developing skills. If you trade with a positive mindset, you are less likely to lose. Trading requires a lot of information and a lot of research. And if you have to follow the plan all the time, there is a possibility of good rewards from trading.
Newbie problem
in
New Traders
Sep 17, 2020 at 23:50
When a person joins trading he has many dreams. But if you want to realize that dream, you have to think logically. If a trader wants to make a lot of money in a few days, it is never possible. You have to try with a long time goal. And you have to always follow the trading discipline. New traders face many kinds of problems. As they need to choose a broker, need a good mentor, there can be a lot of trouble to open an account. There are many different types of problems.
a good trading strategy
in
New Traders
Sep 17, 2020 at 02:23
To analyze trading, first, you need to acquire knowledge about trading. A good strategy can make you profit. Technical and fundamental analysis is much preferred by me. There is a lot to be done with analysis. For example, if you combine good analysis with money management and risk management, you will one day be successful in trading.
How to avoid getting caught up in Analysis Paralysis?
in
New Traders
Sep 17, 2020 at 02:08
Forex trading requires discipline. You can use the trend of daily timeframe. And you have to keep a lot of information about the price. 1 step below the time frame in which you will analyze, set the stop loss by analyzing there. And analyze support resistant and market context. And try to meditate regularly.
Expert Advisors for newbie.
in
New Traders
Sep 16, 2020 at 02:06
New traders always need to gather a lot of information about trading. If a trader participates in trading without acquiring proper knowledge, he will never get a good reward from trading. Choosing a broker is very important for new traders. A good broker can lead a trader to success.
Trade discipline
in
New Traders
Sep 16, 2020 at 01:48
Some Important Rules of Forex Trading Discipline1. Money management2. Risk management3. Trade management4. Trading plan5. Good strategy6. Always use stop loss7. Market context8. Trading without emotions9. Stay away from greed and fear10. Do regular meditation
What leverage do you all use?
in
New Traders
Sep 15, 2020 at 02:00
The less leverage you use, the better. If the leverage is low, you will refrain from over trading due to margins. I suggest using 1: 500 leverage. This leverage will always support you in trading.
Have a plan and stick to it
in
New Traders
Sep 15, 2020 at 01:39
It is not possible to make a profit in trading without a plan. Many traders trade without any planning but cannot retain that profit. By trading plan, I mean money management, good strategy, risk management, trading discipline, etc. Where to use stop loss, where to enter the trade, how to manage the trade, how many risk rewards to use, if you do not know how to make a profit. These things have to be done according to the plan before trading.
Type of Traders
in
New Traders
Sep 13, 2020 at 23:40
There are many types of traders in the Forex market. Traders who trade in different styles. No matter what style you trade, you must first control your emotions. And always have faith in your trading strategy. And you need to gather a lot of information about trading.
Best Broker for a Newbie
in
New Traders
Sep 13, 2020 at 23:26
Choosing a good broker is very difficult. In my opinion, the lower the spread of the broker, the better the deposit and withdrawal process. That broker provides the best service. However, I would like to say to the new traders that it is very important to know about that broker before choosing a broker.
Expert Advisors for newbie.
in
New Traders
Sep 11, 2020 at 02:34
If you are new to trading, you need the help of an expert advisor. If you don't learn to trade, there can be many kinds of problems. When I was a new trader, I had a lot of problems with the trading flame. But eventually, I found an expert advisor. From whom I learned a lot. And now I am getting much better rewards in trading.
TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
in
New Traders
Sep 11, 2020 at 02:18
It is possible to gain 5-10% per month but you have to trade according to discipline. If you manage risk and trade, you can get a good profit in a month. And you have to be patient all the time in trading. Must do regular meditation. Meditation turns a trader's negative mindset into a positive mindset.
Manage Money
in
New Traders
Sep 10, 2020 at 01:59
Trading is a market of possibilities. And if you want to make a profit in the market of possibilities, you must follow money management. Only money management can get you to the brink of success. Money management maintains discipline in trading and helps keep investments safe.
New trader trying to put a trading plan together
in
New Traders
Sep 10, 2020 at 01:44
A trading plan is very important to make a profit consistently. Never achieve success without a plan. After a good analysis you need to know where to set stop loss and profit level, what percentage of risk you are taking for a trade, how to manage 1: 2 risk-reward, how to manage the trade after opening the trade. The trading plan is analyzing all these things.
My System
in
New Traders
Sep 09, 2020 at 02:08
I know about strategy. This strategy is very good. I have made a lot of profit with this strategy. I used to follow a trading strategy with this strategy and my trading reward would be much better. So I suggest you can make a lot of profit by trading with this strategy. But you have to follow risk reward and money management.
1:200 leverage
in
New Traders
Sep 09, 2020 at 01:47
The lower the leverage for new traders, the better. 1: 200 Leverage is much better for a new trader. If the leverage is low, the trader can keep his account risk free. And if the leverage is high, the account is not protected.
Type of Traders
in
New Traders
Sep 08, 2020 at 02:01
There are many types of traders in the Forex market. Among the traders who are good traders who collect trading information all the time. Good traders are always in research. Their psychology is very strong. Bad traders are characterized by low patience and excessive greed. I have also seen many traders who only do 2-3 trades in a month. That is why their loss is less and their profit is much better. Because they have a lot of patience.
90% are loser ..why ?
in
New Traders
Sep 08, 2020 at 01:41
Every trader should be patient. And trading should be done according to discipline at all times. Without discipline, it is never possible to make a profit in trading. The chances of loss are less if you trade with patience and discipline. Most traders lose because they have less patience and try to make a profit without learning anything. You have to give up greed all the time in trading.
How to select the Best Currency Pair for Investment?
in
New Traders
Sep 07, 2020 at 02:18
There are many types of currencies in Forex trading. The best of these currencies is the major currency. I have chosen to trade some currencies from this major currency. These are EURUSD, AUDUSD, USDJPY, EURJPY, and GBPUSD. The spread in these pairs is much less and the movement is much better. I make a lot of profit by trading in these pairs.
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