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Money Management Tips
em
Geral
Feb 20, 2023 at 11:08
Stick to your trading plan and avoid trading too frequently.
What is copytrading like as a signal provider?
em
Geral
Feb 20, 2023 at 11:03
As you are using higher leverage i.e 1:500 than your provider so your potential profit or loss could be higher due to the increased leverage. But it does not only depend on this factor, it can be influenced by other factors too, such as the amount of capital you've invested, your chosen trading strategy, your ability to manage risk effectively, as well as market conditions.
Psychology of trading
em
Geral
Feb 20, 2023 at 11:00
Traders who have a good understanding of their psychological states and how they can affect their decision-making can develop effective trading strategies and avoid making costly mistakes.
What do you think is your biggest challenge in forex trading?
em
Geral
Nov 02, 2022 at 12:16
Biggest challenge for me was to keep my emotional in check as I had fomo when placing trades.
Successful Traders Mindsets
em
Geral
Nov 02, 2022 at 12:13
According to me being consistent and keeping weekly track of your progress.
What do you learned while trading?
em
Geral
Nov 02, 2022 at 12:11
Over the years, I have learned to be patient when placing trades and avoiding over trading.
Whats the Best Education Around??
em
Geral
Nov 02, 2022 at 12:10
I definitely agree! Reading and searching different forums, platforms website can enhance our trading knowledge.
Does emotion harm?
em
Geral
Nov 02, 2022 at 12:08
In my opinion emotions do have a major impact on our trading behaviour, we take less risks and have lower expectations when we feel anxious and fearful.
Very tough business.
em
Geral
Oct 28, 2022 at 12:09
Trading is difficult! But on can stay ahead of the competition by acquiring knowledge and making improvements, and continually come up with creative strategies for profiting from the forex.
Luck is important
em
Geral
Oct 28, 2022 at 12:08
I agree! Trading is not a game of chance. Successful traders find ways to remove luck from their trades and employ trading techniques that increase their chances of success.
Consistency is the brick
em
Geral
Oct 28, 2022 at 12:07
As a trader, I believe consistency should be your first priority when you begin trading. Your ability to produce reliable returns depends on your ability to trade consistently.
There is no short cut
em
Geral
Oct 28, 2022 at 12:06
There are no tricks, or shortcuts, when it comes to trading. Only your knowledge and skills will encourage you in your forex trading. Other things are transient and will vanish away quickly. Develop a trading plan, gradually add trading methods to your arsenal, use the right software for charts and analytics, develop the trading skills and tools, and keep a trading journal to trade smartly.
Why are some traders successful?
em
Geral
Oct 28, 2022 at 12:05
A trader must constantly practice a combination of knowledge and discipline as it will eventually generate positive trading results. Being an optimist while keeping expectations realistic is a hallmark of a successful trader.
Why are some traders successful?
em
Geral
Oct 27, 2022 at 12:40
Traders need to feel independent and stop depending on others. Because they believe it to be the most profitable, most traders go that route. You shouldn't care about other people's perspectives if you've found a trading strategy that works for you. You act in a way that suits you.
Demo Trading Advantages
em
Geral
Oct 27, 2022 at 12:35
In my experience traders can discover all your weaknesses in market analysis, trading choices, and technique by practising on a demo account.
Demo Trading Advantages
em
Geral
Oct 27, 2022 at 12:32
In my experience traders can discover all your weaknesses in market analysis, trading choices, and technique by practising on a demo account.
Does forex strategies usually work>
em
Geral
Oct 27, 2022 at 12:28
In most cases it does. Numerous traders have developed a number of trading methods to aid you in making wise choices.However, each trader must determine which Forex trading method best fits their trading style and risk appetite. One size does not, in the end, fit everyone.
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