New and undisciplined traders
May 01, 2021 at 16:25
Akasuki posted:
@AliaDare Yes you are right. To be successful in forex trading, discipline is very important. Discipline tells us when to trade and when to sit in the side bench. Every trader should work on their discipline.
Thank you very much. To support me. Maintaining discipline is very important for successful trading.
Membro Desde Oct 23, 2013
8 posts
May 02, 2021 at 03:45
Risk management
Membro Desde Mar 17, 2021
494 posts
May 21, 2021 at 17:45
AliaDare posted:Akasuki posted:
@AliaDare Yes you are right. To be successful in forex trading, discipline is very important. Discipline tells us when to trade and when to sit in the side bench. Every trader should work on their discipline.
Thank you very much. To support me. Maintaining discipline is very important for successful trading.
Discipline is the most important thing in the forex market.
Membro Desde Sep 12, 2017
232 posts
May 24, 2021 at 17:22
a trader can trade anytime he want during the weekend but one has to set his own time and strategy
Membro Desde Jan 22, 2021
124 posts
May 27, 2021 at 15:24
(editado May 27, 2021 at 15:25)
Better to trade with those forex brokers who are regulated by good regulatory body. Trading with regulated forex broker brings some amount of peace in mind regarding safety of funds.
Membro Desde Sep 07, 2020
70 posts
Jun 02, 2021 at 17:16
WaltonCharles posted:
Every new trader should choose a regulated broker from this market.
That's right. Regulated brokers ensure safety of funds as compared to unregulated ones.
Membro Desde May 27, 2021
63 posts
Jun 03, 2021 at 07:24
New traders should never ignore the following characteristics:
Patience - Don’t risk jumping into forex trading too early.
Persistence - Learning how to trade forex takes a lot of time.
Detached attitude - You cannot let emotions run your trades.
A hunger to learn - As a forex beginner, you should be more interested in learning than making money.
Know your limits - You need to know when to stop trading and take a break.
Patience - Don’t risk jumping into forex trading too early.
Persistence - Learning how to trade forex takes a lot of time.
Detached attitude - You cannot let emotions run your trades.
A hunger to learn - As a forex beginner, you should be more interested in learning than making money.
Know your limits - You need to know when to stop trading and take a break.
Membro Desde May 31, 2021
34 posts
Jun 03, 2021 at 12:42
Alexthetrader posted:
New traders should never ignore the following characteristics:
Patience - Don’t risk jumping into forex trading too early.
Persistence - Learning how to trade forex takes a lot of time.
Detached attitude - You cannot let emotions run your trades.
A hunger to learn - As a forex beginner, you should be more interested in learning than making money.
Know your limits - You need to know when to stop trading and take a break.
That's very important factors which you have talked about. A trader should also maintain a trading journal in order to get to know how well his trading is going.
Jun 05, 2021 at 06:59
Number one biggest mistake new trade commits is they treat forex trading as a money machine. Open trade and make profit. They think it is the easiest job in the world. But in reality you need profound understanding of the market. My advice to new trader is gain necessary knowledge and skills.
Membro Desde Sep 12, 2017
232 posts
Jun 25, 2021 at 12:39
not all are undisciplined. there are few who are wiling to take risks to learn.
Membro Desde Mar 17, 2021
494 posts
Dec 29, 2021 at 05:40
Ariest posted:
Beginners and those who have given little time to their discipline very often make mistakes that have a detrimental effect on income.
Yes. Discipline makes a trader successful in this market.
Jan 07, 2022 at 19:02
There can be lots of mistakes in the very approach to trading of the beginner. I do totally agree with the statement that high expectations may ruin your budget quite easily and fast. That is why before coming to forex everyone should understand that they need to work really hard to achieve success, otherwise, they will definetely and inevitably fail.
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