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LukeRachel
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Posts by
LukeRachel
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Knowldge is important
in
New Traders
Mar 31, 2021 at 01:03
Knowledge is very important in trading. Because it is never possible to make a profit without knowledge. So as a trader it is very important to acquire knowledge first.
What leverage do you all use?
in
New Traders
Mar 31, 2021 at 00:53
Leverage depends on the investment. Because if I pay less leverage, I will not be able to enter the trade. So I always support selecting low leverage with high investment for trading.
Both fundamental and technical
in
General
Mar 30, 2021 at 04:35
I can tell from my experience that when I do trading with technical analysis, I have to combine the fundamentals with it. Because if you do technical analysis, there may be some problems. For example, if there is fundamental news, then the volatility of the market is high, so if the trading is done by technical analysis at that time, the amount of loss may be higher.
Greed is when your expectation
in
General
Mar 30, 2021 at 04:27
If there is the hope of getting more than you need, it creates greed. And this greed does a lot of damage in forex trading. From that greed, it is possible to lose the investment.
Over-trading is a very harmful
in
General
Mar 29, 2021 at 01:29
Yes, of course. I have lost so much of my investment in over-trading. So I never support over-trading.
Difference in prices - IAG
in
General
Mar 29, 2021 at 01:12
Like everyone else, I would say. You can contact the broker.
Beginner in forex
in
New Traders
Mar 28, 2021 at 00:47
Beginner traders need to first get an idea of the basics by trading demos. If trading is done without developing skills, profit will be very difficult.
High leverage = High risk?
in
New Traders
Mar 28, 2021 at 00:41
Higher leverage is very risky but how much leverage I will use usually depends on the investment. If I want to select low leverage with a small deposit, it will be very difficult for me. I have to select leverage with a good deposit.
Leverage
in
General
Mar 27, 2021 at 01:11
How much leverage I will select depends on the investment. If the investment is good, then selecting less leverage should not be a problem. But if the investment is low, it is not possible to trade if the leverage is not high.
The demo account is the master
in
General
Mar 27, 2021 at 01:03
Demo trading can transform you from a normal trader to a professional trader. A perfect platform for gaining experience. A profitable strategy can be developed on that platform.
Forex is not scam
in
General
Mar 26, 2021 at 03:51
I have also been involved in trading for 5 years. There are losses in trading, but if you can get a proper education, the future is likely to be bright from here.
Stop Loss Importance
in
General
Mar 26, 2021 at 03:46
It is very important to use stop loss to trade by maintaining discipline. Protects to stop-loss account. So I never trade without stop loss. Moreover, to maintain a 1: 2 risk ratio, it is necessary to use a stop loss.
If you want to get success
in
General
Mar 24, 2021 at 23:21
First, you have to acquire a trading education. Because it is never possible to make a profit without acquiring trading education. It is never possible to advance in trading without trading education.
It has been said that
in
General
Mar 24, 2021 at 23:17
The more I practice, the more skills I will develop, and the more skills I develop, the more profit I will be able to gain. So it is possible to make a lot of money if you can practice with patience.
When loss occurs
in
General
Mar 24, 2021 at 01:14
When I try to trade with emotion, there is a chance of loss. And I always have to trade with a positive mindset.
New Trader
in
General
Mar 24, 2021 at 01:04
Beginner traders should acquire trading education attentively. If trading education is not achieved properly, making a profit will be much more complicated.
Forex trading is a work for professional
in
New Traders
Mar 22, 2021 at 01:23
If I trade without developing knowledge and skills, it is never possible to do successful trading with Forex trading. So, first of all, I have to develop skills and go ahead in trading.
Over-trading is a very harmful
in
General
Mar 22, 2021 at 01:16
Yes, you are right. If you do emotional trading, you will not be successful in trading.
New Trader
in
General
Mar 21, 2021 at 02:32
Yes, I agree with you. I use any strategy but if I can't implement that strategy properly on the platform, it has no value.
Most traders are impatient
in
General
Mar 21, 2021 at 02:26
Most traders are not able to maintain discipline. I also could not maintain discipline at one time. Later when I saw that the percentage of my loss was high, I tried to maintain discipline with the plan.
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