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Forex trading requires

Genom UweMoench Nov 19, 2020 at 12:00

Yes, you are right, it takes a lot of patience to learn to trade. It is never possible to make a trading profit without patience. Skills can be developed through a lot of practice.

1 Replies 325 Utsikter

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Psychology plays a big part

Genom UweMoench Nov 19, 2020 at 12:00

Trading profit cannot be made if trading psychology is not managed properly. It is never possible to profit consistently from trading if you have emotions. So every trader should have psychological control.

2 Replies 232 Utsikter

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Brokers with Servers in NY or LD

Genom baschi Mar 31, 2017 at 10:19

I don’t think there is any effect of location of the servers on the results because of the current development of data transfer technology.

10 Replies 1,205 Utsikter

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Strategy is very important but

Genom UweMoench Oct 08, 2020 at 12:52

Without a sound trading strategy/plan, one can not win in the forex.

12 Replies 936 Utsikter

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4-digit quote broker

Genom okpinoy Jan 18, 2017 at 08:07

A broker will surely be of a lot of help in order to facilitate your trading. Make sure you use a reliable one.

17 Replies 1,344 Utsikter

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To make profit

Genom UweMoench Nov 17, 2020 at 12:21

To make profit you require an expert mentality and aptitudes. Without abilities steady profit isn't conceivable. Most traders overlook this basic thing. They keep running for procedure without making themselves proficient.

0 Replies 226 Utsikter

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What are two types of analysis?

Genom Dictiony Apr 23, 2020 at 05:24

I think trader should spend some of their time to learn new aspect of trading. Learning is a never ending process.

37 Replies 2,138 Utsikter

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how many pips a year do you need to make ?

Genom rickyb Apr 27, 2020 at 09:04

Nothing is fixed. That why you need to adjust your trading strategy according to this changing market.

35 Replies 2,093 Utsikter

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There is no short cut way.

Genom 45656 Sep 08, 2019 at 07:07

We can earn lot of money in short period of time in trading only if we are skilled enough. But if you think I will make my account double or triple in weeks or months, you are having a gambling mindset. Your destruction is just a matter of time.

56 Replies 3,027 Utsikter

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Demo Accounts - Which ones stay open with no recent trades?

Genom WDL72 Jan 01, 2015 at 07:52

I think, A demo account is the best way to learn forex perfectly and properly.

42 Replies 2,632 Utsikter

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Identifying Institutional Transactions and Orderflow

Genom 4xSolutionsza Nov 12, 2020 at 08:29

It sounds good. I will definitely Watch your videos. But I want to research more. So, I can't join your telegram group now.

2 Replies 683 Utsikter

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profit calculation?

Genom gannet Oct 21, 2009 at 13:42

That seems like too good to be true. I’m glad if it's working for you. You must really have a profitable strategy for it.

11 Replies 2,248 Utsikter

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ST Patterns

Genom rosscortb Nov 11, 2020 at 14:22

Hello,Has anyone read any of Vladimir Poltoratskiy book's on ST Patterns?If so, would be good to chat about itThanksRoss

0 Replies 523 Utsikter

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Slippage

Genom Pupsik Jan 09, 2020 at 18:18

slippage can happens during any major economic events and when the market is highly volatile but sometimes one can face slippage if you're trading in higher volumes.

6 Replies 955 Utsikter

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Stop Loss/Margin of Safety

Genom Marketmultitool Jan 19, 2020 at 06:19

Yes I completely agree with you. Stop loss is important in trading as it closes an order automatically once the price is reached at a pre-specified level. It prevents large and uncontrollable losses in volatile trades. It is a basic risk management tool and a good strategy especially for beginners.

14 Replies 1,022 Utsikter

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How to get a good strategy

Genom UweMoench Nov 10, 2020 at 13:56

The trading strategies are always useful ad one can perform good with the help of trading strategy.

1 Replies 537 Utsikter

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Stop loss is a part of risk management

Genom UweMoench Oct 25, 2020 at 12:52

There is no alternative to risk management. It's not possible to be right 100% of the time. That's why we need to manage our risk so that we do not incur big loss. And using stop loss is one parts of risk management.

5 Replies 530 Utsikter

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Forex is not scam

Genom UweMoench Nov 04, 2020 at 11:26

actually scam is a mentality , nothing without it, Forex is a really royal business but we take this as casino and make this scam.

13 Replies 713 Utsikter

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Difference between Proffesional and Amateur Traders

Genom forex_trader_1984295 Nov 05, 2020 at 05:46

I will continue to write anytime I'm free from trading, this site is a great site and hope to share my years of experience to help those struggling, trading is very good and fun to do, when you are only good at it.

3 Replies 564 Utsikter

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You Have The Option.

Genom 45656 Oct 13, 2019 at 05:39

I also learn trading from YouTube and forum. I never buy any paid courses.

8 Replies 769 Utsikter

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