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Pengus
Mistakes.
in
General
Feb 03, 2022 at 14:12
My number one mistake is a very terrible lack of patience and that’s what I demonstrate on a demo account. A cold sweat goes all over me once I imagine that I could do the same on a real account. I think I need to practice more. It’s too early for me to trade real money.
hi. I'm new to forex trading.
in
New Traders
Jan 28, 2022 at 13:54
I trade on a demo account now. I think I’m not ready to trade on a real account yet. I think I need to trade on a demo account because I feel I need to practice more strategies, try various approaches in trading. I don’t want to speed it up cause I’m afraid of fatal consequences. I think I will trade on a demo account for three months more and then I may consider shifting to a real one.
METHOD OR DISCIPLINE?
in
General
Dec 17, 2021 at 19:27
I feel that both method and discipline are equally important for successful trading. When we talk about method, i.e. trading strategy, we assume the theoretical knowledge of what to do something and how to do that. However, discipline is in charge of implementation this theory on practice. I mean that it is not enough just to know what to do, you should actually do the actions which are required in the current situation. Quite the same as you are ready to do something, but you don't know what to do. Neither of these approaches is able to bring any profits. So, in order to be a success on t...
Newcomers and their greediness
in
New Traders
Nov 12, 2021 at 11:55
I think that every trader faces greediness. It doesn't depend on his/her experience, actually every trader passes this stage on his/her way to success. Moreover, I believe that every trade must have pass this stage, otherwise it will be very difficult to pass it when you will be on top. Of course, all traders have the particular percent of greediness when they are in trading activity. In my opinion, it's cool that sometimes you can be greedy and take plenty of risks on yourself. Nevertheless, traders must comply with measure in this thing, because if you won't comply with measure, ...
Stop loss is a killer if
in
General
Oct 06, 2021 at 19:54
In my opinion, stop loss is a great opportunity for new traders to trade without any fears that they will lose everything, because it fixes the amount of money which they lose. I see this option very profitable and effective, however lots of traders claim that it can be dangerous. It's partly so I think. As for take profit, then it also is created for accumulations safety, however it also reduces the potential amount of money which a trader might win. So, there are both sided of the coin I guess. Anyway, I would recommend all rookies and professionals to use stop loss in order to make your...
modern economy crumble. what will happen next?
in
General
Oct 05, 2021 at 20:05
That is an arguable thing because there are no people who can see the future. Everything might happen and it is impossible to prepare for it, I am talking about the black swans. They are game changers and affect the situation dramatically. So, my position is that it is early to say about crisis in such a situation when a single event can lead to different outcomes.
TeleTRADE
in
Brokers
Feb 07, 2021 at 16:17
Have you tried synchronous trading here...I personally liked it, it's convenient.I've been combining it with active trading for over 3 months now.Profits are up 6%!
In trading everyone should have some rules
in
General
Jan 18, 2021 at 16:19
Any strategy makes sense if you figure it out well and really test it in practice.This can be tested with different assets and timeframes. And it's better to do it on a demo, of course.
Not gambling
in
General
Dec 23, 2020 at 09:56
And I agree with the opinion that trading is really a business, not a game.This approach provides profit and confidence in the future.
FIN888
in
Trading Systems
Oct 13, 2020 at 17:26
Thank you for sharing useful information, nowadays it is especially relevant and probably is the reason for visiting the thematic forums.
AAFX Trading
in
Brokers
Aug 04, 2020 at 20:50
Brokerage is ok, but I switched to another. Here are the main 4 reasons why:1. There is no advanced 1-to-1 education. I was even ready to pay, but there is no such opportunity2. There are no DMA account3. There is no ready-to-use strategies you can use, You should start from scratch4. Personal manager is only for VIP account and I don't like my one.
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