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Megan21
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Posts by
Megan21
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Trading Psychology: The Key to Success in Forex
in
General
Nov 06 at 06:13
In Forex, if you can’t control your emotions, the market will chew you up and spit you out—mindset is everything.
what is your best trusted broker
in
New Traders
Nov 06 at 05:14
Hi, how competitive are the spreads on euro pairs with Pepperstone and Fxview?
Favorite financial markets movies and series?
in
General
Jan 12, 2023 at 12:07
My top picks: Wolf of wall street and The big short.
Is Copy Trading profitable?
in
General
Jan 12, 2023 at 12:05
For a beginner like me, is copy trading a good way to learn forex trading? And can anyone recommend a reliable platform for copy trading since I don't have any experience with it?
[Trading Tips] How often trader should use stop-loss?
in
General
Jan 12, 2023 at 12:04
It is better to always use a SL. Really helps to minimize the loss.
Very tough business.
in
General
Nov 04, 2022 at 12:24
Since the forex market is dynamic and constantly changing, a trader must learn to keep up with these changes and be able to respond to any unexpected circumstances.
Most people fail because
in
General
Nov 04, 2022 at 12:24
One of the main causes of Forex trader's tendency to lose trades quickly is poor risk management.
Most people become unrealistic
in
General
Nov 04, 2022 at 12:23
Remember that your biggest allies are perseverance and consistency.
To shine in forex
in
General
Jul 27, 2022 at 05:21
To be successful traders develop discipline, patience, adaptability, mental toughness, independence, and forward thinking.
The fear of losing opportunity
in
General
Jul 27, 2022 at 05:20
Just do not risk what you can’t afford to loose.
What do you learned while trading?
in
General
Jul 27, 2022 at 05:17
Beginners should be aware that forex trading is quite challenging and that it takes hours each day to stay current on news, new techniques, and all necessary materials. Overall, it's notsomething that can be accomplished in a week. It can take weeks, months, or even years. Even the most seasoned traders frequently learn something new about the market.
You need sound mind
in
General
Jul 27, 2022 at 05:16
Letting emotions dictate trading decisions is the biggest error any trader can make. A successful forex trader will experience numerous little loses as well as a few large profits. It's better to have a positive mindset and shouldn't feel overwhelmed with losses.
Is Forex risky?
in
General
Jul 21, 2022 at 06:38
Obviously there is a risk involved because you could lose money if the markets move against you, there is also the potential for profitable trades.
Is trading hard?
in
General
Jul 21, 2022 at 06:35
Forex trading is challenging to begin with because you have little knowledge about it. Once you begin practising on your own and sign up for a demo account with a broker, trading is not difficult unless you practice with consistency. The biggest risk in life is not taking any risks.
Emotion in Forex trading
in
General
Jul 21, 2022 at 06:33
High expectations can cause you to lose perspective on reality. the majority of newbie fails because they lack confidence and frequently give up because they do not abide by their trading rules.
Psychology
in
General
Jul 20, 2022 at 05:12
Trading psychology is intricate and difficult to fully understand. Effective trading requires the management of the two human emotions that underlie this mindset: fear and greed.
Does forex strategies usually work>
in
General
Jul 20, 2022 at 05:07
To increase your forex trading potential, you can make use of various trading tactics. How you use it and when depends on you. So accurate market knowledge an technical analysis is a must in order to make it work.
Keep your innovation running
in
General
Jul 20, 2022 at 05:03
I try to be innovative with my trading plan and keep my losses to a minimum.
The fear of losing opportunity
in
General
Jul 20, 2022 at 04:57
The fear of missing out may lead to impulsively entering trades or closing trades at inconvenient times. It can even lead to putting too much capital at risk due to inadequate research.
How much should you invest in trading
in
General
Jul 20, 2022 at 04:46
Well it depends how much you can afford to risk. But for a newbie it's better for start trading for $100-$1000 but your returns will be limited.
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