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UweMoench
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All the successful traders
in
General
Dec 27, 2021 at 07:12
@skihav yes actual successful traders do not talk much about their success. They love to stay low profile about their trading.
Money Management Systems.
in
General
Dec 27, 2021 at 07:09
Yes money management is one of the important things in trading but at the same time it's the most neglated things. Most people don't bother about money management.
5 Things I have learned in 5 years of trading!
in
General
Dec 27, 2021 at 07:07
@skihav Yes you are right. Every trader has his own understanding. Every person is different both physically and mentally. Nothing is applicable for everyone.
profits in forex trading
in
General
Dec 27, 2021 at 07:05
I always think that there's no basis of your 100% or any percentage here, you can just assume but stating of 100% profit will mean nothing. Just have it in general as you can't prove that if you have confidence, overconfidence or no confidence will have it's various results to trades.
Forex spreads
in
New Traders
Dec 24, 2021 at 02:53
I always choose a broker according to its spread. Too high spreads, as well as too low are suspicious for me. Trading principles are not so important
Importance of demo trading
in
New Traders
Dec 24, 2021 at 02:38
Demo trading is very important. Many traders try to skip it and straightaway start live trading, but I think that's wrong
Steps to Mental Success in Trading
in
New Traders
Dec 24, 2021 at 02:26
The average successful trader who have a psychological condition capable of controlling himself into a positive thing, with a State, then the trader will be maximized without thinking influenced the psychological pressure
Copy trading
in
New Traders
Dec 24, 2021 at 02:20
Well, it's a good way to earn but not that much good way to learn for me. If my kind of person sees a very successful trader I can always copy, it automatically eludes me from learning how to analyze. I think getting anything out of Forex requires motivation.
Trading Psychology
in
New Traders
Dec 24, 2021 at 02:15
Trading is a mental game; this is why I need a fresh mindset when I am trying for live trading! This habit helps me a lot to make smart decisions (even) during the confusing sessions!
Is a demo account really neccassary?
in
New Traders
Dec 24, 2021 at 02:09
That called success in Forex doesn't come only by practical learning. We attain success by a combination of both theoretical and practical knowledge of which Demo only guarantees the practical.
Luck or Hard Work?
in
New Traders
Dec 24, 2021 at 02:03
Basically, greedy Forex traders depend on their luck! On the other hand, well-skilled Forex traders depend on their trading skills and trading experience!
Different levels of leverage
in
New Traders
Dec 24, 2021 at 01:57
Many options in using leverage, and in theory and risk, using smaller is better, as I use leverage to keep the 1:100, do not let too many open positions
Control your greed.
in
General
Dec 21, 2021 at 02:04
greed is the bigger drawback in trading. if you greed much that will goes over your brain and you will not be able to take right decision.
Many traders think stop loss
in
General
Dec 21, 2021 at 02:01
Personally I do make use of stop loss its a good tools to secure my trade and keep my trade in a condition which is what every trader need so always we need to try and protect our equity and margin from depreciation
Expert Advisor...good for beginners?
in
New Traders
Dec 20, 2021 at 03:37
My advice, keep learning new things, i realized that trading is non stop learning. The more you know, more confident you will be. Your fear will start slowly disappear.
Defination of a Good Trader?
in
General
Dec 20, 2021 at 03:32
Good traders trade, bad traders teachYes... and the best traders both teach and trade
What makes one a Professional Trader?
in
General
Dec 20, 2021 at 01:47
The power of the dream with the correct plan is the primary system to play in your main success to a well built system in FX trading arena
Hedging
in
General
Dec 20, 2021 at 01:40
I use hedging and i think its very useful to minimize risk and maximize profit, but i don't think its 100% necessary to be profitable, there are many ways to be profitable.But i find trades that are hedged to be more efficient than those which are not.
Fundamental analysis
in
General
Dec 09, 2021 at 07:22
Fundamental analysis can be lethal with technical analysis. The combination of both is unparalleled. But you also need a solid mindset.
Most traders don't get success
in
General
Dec 09, 2021 at 07:20
Yes it has been said that 95% people can't make money for a long run. Most can make some occasional money but eventually lose it.
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