To shine in forex
May 10, 2021 at 10:32
Forex market place is a part of ocean where there is anyone who can survive in a proper way without most powerful analyzing trade knowledge; if you are a newcomer please go to Babypips School which is very supportive for the newcomers to acquire all fundamental knowledge. And trade a demo account at any broker, learning and practicing is a great combination and this can will help you must be if you try it.
Member Since Sep 12, 2017
232 posts
May 10, 2021 at 10:51
for shining one needs to be disciplined and focussed on what and when to do
Member Since Dec 05, 2020
76 posts
May 13, 2021 at 11:54
Practice and experience is what will help you shine in forex. That has given me great results atleast :D
Member Since Mar 23, 2020
20 posts
May 13, 2021 at 16:42
Patience, discipline and never giving up
Experience is the hardest teacher because she gives the test first, the lesson afterward.
Member Since Mar 30, 2021
8 posts
May 14, 2021 at 10:10
Never stop learning and analyse EVERYTING
Member Since May 31, 2021
13 posts
May 31, 2021 at 06:43
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
Member Since May 31, 2021
34 posts
May 31, 2021 at 07:20
eddieteddie posted:
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
Agreed to your all points, these will definitely help each and every trader here.
Member Since May 31, 2021
48 posts
May 31, 2021 at 07:50
Trading is an art, and the only way to become proficient is through consistent and disciplined practice.
May 31, 2021 at 16:18
winning_trades posted:
Trading is an art, and the only way to become proficient is through consistent and disciplined practice.
Yes, you are right. It is never possible to trade without a positive mentality. I as a trader think that a trading mindset should be created by controlling emotions with patience.
Member Since Jan 22, 2021
124 posts
Jun 02, 2021 at 09:26
If you have discipline in your life, it will automatically reflect in trading also. Try to improve holistically, wake up early , first disciplined thing you have done and it motivates you to do further more.
Member Since Sep 12, 2017
232 posts
Jun 02, 2021 at 15:58
one needs to be true towards himself. decent progress and dedication everyday will surely make you shine
Member Since May 31, 2021
34 posts
Jan 24, 2022 at 12:35
Vicenox posted:
To shine in forex, you need sound knowledge of the market. And to gain this knowledge, you need discipline and dedication.
Exactly, this is what I follow, dedication and consistency always leads to profits in forex.
