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Good broker is needed
v
Obecné
May 27, 2022 at 06:20
Facing issues with a broker’s platform is a usual norm nowadays. Technical errors in platforms work as a barrier in the way of trading and so traders should trade with such a broker that provides a smooth trading platform free of technical errors like slippage, requites and dealing desk.
Demo Trading Advantages
v
Obecné
May 25, 2022 at 06:41
Demo trading has unlimited number of advantages. First of all, it helps deduct the fear of trading from traders, then it also helps traders in gaining trading experience. Avoiding demo trading is a foolish job because it shows a trader the right path towards profit.
Can you borrow money from the bank to trade forex?
v
Obecné
May 25, 2022 at 06:38
Maximum of the traders don’t have sufficient trading experience so they should not take loan from bank for trading. Lack of experience makes a trader suffer in the long run. So, traders should hard and soul try to flourish their experience in at any cost. But, it’s essential for a trader to be well learned, motivated and mentally-fit for trading.
5 Things I have learned in 5 years of trading!
v
Obecné
May 09, 2022 at 13:34
Your 5 points are important! Maximum traders don’t trade in demo acciount and its’ their fault. They take demo trading as a very simple factor. But this demo trading strengthens the basement of a trader. Expert traders also use demo account to retain their expertism for a long time.
To shine in forex
v
Obecné
Apr 28, 2022 at 06:28
A strong plan of trading should be sketched out to maximize your profit. While developing plans, they should take several aspects under their consideration. Maximum traders trade haphazardly without following any risk management and money management policy and it’s not a good thing for trading they should know.
Most people become unrealistic
v
Obecné
Apr 28, 2022 at 06:27
Take several measures to flourish your trading. A trader can be well-learned by taking lessons from his mistakes. Forex trading is such a thing that can fully destroy you if you don’t have a valuable asset like learning. So, select your professionalism considering your worth.
Emotion in Forex trading
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Obecné
Apr 27, 2022 at 05:41
Always try to stay away from emotion because maximum of the traders drop out from Forex just because of emotion. Emotion plays a trader and makes him destitute in the end of the day. So, traders be cautious about their trading very much.
Can you borrow money from the bank to trade forex?
v
Obecné
Apr 27, 2022 at 05:36
Borrowing money from banks for trading Forex is never a recommendable option. Forex is an uncertain market where anything can happen anytime. So, traders should not take such a risk that throws his lesser guarantee to payback his loan.
MetaTrader4 (MT4) vs MetaTrader5 (MT5) for beginners
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Obecné
Apr 20, 2022 at 06:26
Meta trader 4 and Meta trader 5 are two widely used platforms but mt4 is simple to understand. On the other hand mt5 is hard to understand. But those who are expert about mt5, it is easy to them. So, it it’s a big deal whatever your platform type is, but the fact is that how much you know.
Broker
v
Obecné
Apr 20, 2022 at 06:17
Broker serves as an intermediary between traders and the market. They are always dedicated to their traders and provide them other supports too. They allow traders with a well-defined trading platform that includes all technical tools and other things too.
Security of the funds
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Obecné
Apr 14, 2022 at 06:13
Security of trading capital has become a crisis because maximum trading brokers in the marketplace are scammed. They pose a threat to the survival of traders and they like to deceive their traders without pleasing them with numerous facilities. Such brokers remain in disguise in the market placed so they are uncatachable.
How to start forex trading? Read These Best Tips!
v
Obecné
Apr 14, 2022 at 06:08
The rule of starting trading is through practicing in demo account. But things are different in reality. Traders are very much averse to using demo account rather they intend to make a quick buck. They directly get into the live account and start trading. They don’t know that this is not the right approach of trading.
Be productive
v
Obecné
Apr 13, 2022 at 06:25
Productivity comes when a trader is efficient in trading. And efficiency is the result of high trading experience. So, traders should more and more in demo account and little in live account because this strategy really works. Traders should be contented with what he has and don’t be greedy.
To shine in forex
v
Obecné
Apr 13, 2022 at 06:20
If you want to shine in trading, you must focus on learning as much as possible. You should read e-books and other articles to know about the terminologies of trading. There are a bunch of YouTube videos that also can help a trader in a many ways. To acquire a knack over the use of indicators, traders can trade in demo account.
7 Benefits of using stoplosses
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Obecné
Apr 08, 2022 at 06:47
Stop loss protects a trader against sudden losses and so it’s obligatory for a trader to use them. SL and TP using is very important for a Forex trader. But traders can verbalize it hardly and leave using them due to their negligence. So, traders should make it their habit.
Free sources of professional Forex education
v
Obecné
Apr 08, 2022 at 06:42
I don’t suggest trader go for paid courses because nowadays internet has made everything easier than before. Traders have several types of videos available online and traders can earn knowledge from there for free. There are also several e-books pdf available to read to enhance knowledge.
Is trading hard?
v
Obecné
Apr 07, 2022 at 07:25
Trading is hard for those who don’t have sufficient trading knowledge. Traders who can’t analyze the market technically and fundamentally feel fear of trading. So traders should bolster their basement with proper analytical knowledge. They should also develop their human qualities to stay in Forex for a longer time.
Making consistent money
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Obecné
Apr 07, 2022 at 07:21
To make consistent profit, traders need to know market scenario which can be caught only by running fundamental analysis, which considers geopolitical conditions and outside aspects of the market. If a trader can identify the market trend well, he or she can do well from trading.
There is no short cut
v
Obecné
Mar 30, 2022 at 12:27
A trader should try to learn something in detail because there is no space of short-cut. Short-cut leads to losses and makes learning fully incomplete. In Forex, there is a bulk of things to learn so there is no way to make a cut short. Better learning will deliver you a better profit. So, rely on learning rather relying on haphazard trading.
Most people become unrealistic
v
Obecné
Mar 29, 2022 at 07:01
It’s an evergreen truth that unrealistic trading never deserves reward. So, make your trading realistic by developing new strategies, taking the right approach and maintaining proper risk management strategy. So, it will take much time to develop but don’t be patienceless.
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