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There is a proverb that practice
ใน
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Jun 29, 2021 at 12:16
@spacexdragon Exactly. You are right. But unfortunately most people focus on making money without developing enough skills. That's why most traders are losing money.
Loss
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Jun 29, 2021 at 12:14
It is possible to be benefitted from losses if we can take them as a lesson. Every loss is a lesson. Traders use journal to keep track of their past trading mistake so that they can learn from their mistakes. Learning from mistakes is the best learning.
Trading with borrowed money
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Jun 29, 2021 at 12:01
Doing trading by borrowed money means making the risk double. Trading should be done with your idle money. Money that you can afford to lose.
Forex Trading Psychology: Levels of FEAR
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นักเทรดที่มีประสบการณ์
Jun 29, 2021 at 11:57
Trading psychology is the most important thing after trading strategy. Even a good strategy can be invalid if we are not psychologically well equipped. Every trader should focus on this aspects.
Purpose of demo trading
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Jun 27, 2021 at 10:09
In demo account, we can test our strategy before applying it on live trading. It is not a good idea to use any strategy directly to a live account without any experiment.
importance of skills
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Jun 27, 2021 at 10:07
Skills are the most important thing in forex trading. Loss comes from not knowing what we are doing. Forex trading needs both technical and mental skills to be successful.
Most traders don't get success
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Jun 27, 2021 at 09:59
Without enough skills and experience, it's normal to lose money and get scared. Whether new or old, we are bound to lose money if we don't understand the market and follow discipline.
Forex is a decent business
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Jun 27, 2021 at 09:58
For consistent earning in forex trading, one needs to be skilled and experience. Price always change it's pattern. If you are not skilled enough, you are gonna lose money.
Are you a full time trader?
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Jun 26, 2021 at 10:59
Yes I am also a full time traders. But it doesn't mean I trade all the time. I analyse market everyday but open trade only if I get any set up. Thanks
Most people fail because
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ทั่วไป
Jun 26, 2021 at 10:57
Success is the combination of few things. A good market analysis and discipline are the most important. Both requires knowledge and skills. Getting discipline in trading is the most difficult part.
Gambling type of forex games? Is that true?
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Jun 26, 2021 at 10:47
Forex is not gambling but many traders make it like gambling. When you do not have necessary skills and experience, you will end up gambling. That's why skills are important in trading.
To be a successful trader
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Jun 26, 2021 at 10:45
Forex trading can be one of the best investments, only if the person is skilled enough. Without enough knowledge and skills, trading forex is the most risky business in the world.
Are there secret forex strategies in the forex market?
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Jun 24, 2021 at 10:19
Secret is not in the strategy. Secret is in the skills and knowledge. That's why no successful trader has same strategy. Because everyone has different psychology and thinking process.
Forex trading strategy is important in forex?
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Jun 24, 2021 at 10:16
Strategy works but not every strategy works for everyone. What works for you, may not work for me. A trader needs to find a strategy that works for him. It takes a lot of time to test strategies.
Indicators are reliable but
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Jun 20, 2021 at 11:49
To find the right indicator, it needs a lot of trail and experiments. An indicator working for me does not mean it will work for you. You have to find it out in a hard way.
How long it takes to learn
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Jun 20, 2021 at 11:44
There is no time limit for learning. It's not a degree. It's the skill that's important. Time takes varies person to person depending on his understanding level and efforts.
Why stop loss order are important and tips ?
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ทั่วไป
Jun 20, 2021 at 11:26
For short term traders, stop loss is very important. In short term market can move in both ways even if it's in trend. To save your capital from unwanted loss, stop loss is important. But you need good understanding of the market to place a good stop loss.
A good strategy can
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Jun 20, 2021 at 11:24
I think we should not follow a strategy blindly. A strategy working for one may not working for others due to different trading personality. Everyone has different psychology. In my opinion best option is customize a strategy according to your trading personality.
How much do you risk in total to make big profits at ago?
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Jun 07, 2021 at 10:59
I risk 2% percent of my capital. And I do not open more than 1 trade at a time. Once I closed a trade, then I think about opening a new trade.
How long it takes to learn
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ทั่วไป
Jun 07, 2021 at 10:55
First you have to give time for learning. It's a professional work that requires specific knowledge and skills. Once you have necessary skilled, you can do it just by spending one or two hours per day. But for learning you have to put your efforts and dedication. One more thing learning doesn't happen in one or two months. You have to spend good amount of time depending on your level of understanding and other factors
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