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connorbennett
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How To Trade For Income Successfully, A Newbies Hand Guide From A Pro..
在
新手交易员
中
Mar 27 at 11:24
Thanks for sharing your insights and experiences with trading. It's interesting how understanding the crowd mentality can really make a difference in the markets. I totally agree with your points, especially about staying disciplined and not just following the herd. It's all about finding your own path in the midst of all the noise.
Seeking Feedback: Simplifying Morning Market Updates for Forex Traders!
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一般
中
Mar 19 at 12:21
This sounds pretty interesting! As a trader, anything that saves my time through news in the morning is a win. Here are my thoughts:One-Page SummaryMy everyday routine would be completely transformed by a short one-page summary. When it comes to making those quick choices in trading, efficiency is everything.Preferred Information: For me, having top financial news highlights, upcoming economic events, and maybe some market analysis would be super valuableCurrent Approach: To be honest, I'm responsible for browsing multiple websites and looking at each index separately. It takes a lot of ti...
Exotic Pairs!
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一般
中
Mar 14 at 11:35
When trading exotic currency pairs, it's essential to consider factors like liquidity, spreads, and geopolitical events that may impact these less-traded currencies.It is possible to reduce risks and take advantage of opportunities by being aware of the financial structure and central bank policies of each involved nation.
Share CFD question
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新手交易员
中
Mar 13 at 06:47
Regular trading hours are like a busy marketplace. Lots of people buy and sell, so you can usually get a fair price. After-hours trading is more like a small store at night. Fewer people around, so it can be tough to buy or sell your investments for exactly the price you want. This means your stop-loss or take-profit orders might not happen at the exact price you set. To be safe, it's usually better to wait for the market to open when there's more activity.
Mentor help
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新手交易员
中
Mar 12 at 11:17
If you're looking for a mentor, I'd recommend checking out the forum and seeing if there are any experienced traders willing to share their knowledge. If you are having a hard time finding one, you could always try out self learning, there are so many resources available out there that can teach you the ropes of forex trading.
Intraday Trading is gambling
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新手交易员
中
Mar 07 at 10:14
The statement that intraday trading is gambling has come up a few times, that I've seen. Although I am aware of the risks and the fast-paced environment, I believe it depends on how you go about it. With a solid strategy, proper risk management, and discipline, intraday trading can be more than just gambling. It's important to remember though, even the best plan can't guarantee achievement , and keeping emotions in check is key!
Risk management Guild lines
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一般
中
Mar 07 at 10:13
Those are all great points! I especially like the one about controlling emotions – that can be the trickiest part of forex trading. For me, using a stop-loss is non-negotiable. It helps me sleep at night knowing I've limited the downside, even if it means missing out on some potential gains.
Do you know you could recover your losses in Fx by being just patient?
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一般
中
Mar 05 at 11:52
It’s good to see that you’ve shared your experience. I feel that I've been trading for a while now, and while I agree discipline and patience are crucial, I wouldn't want to paint an unrealistic picture. Making consistent profits in FX is challenging, and aiming for 1k-50k in a year can be misleading for new traders. It takes time, experience, and a healthy dose of luck to achieve those numbers. Focusing on sound risk management and building your skills through practice is a more sustainable approach in the long run.
Getting Started in Trading: Lessons Learned from 16 Years in the Markets
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新手交易员
中
Mar 05 at 11:51
As a trader myself, I would definitely recommend following these tips. Especially the importance of starting small and having a plan. Also love the point about embracing failure as a learning experience. We've all been there, and it's the ones who learn from those trades that come out stronger
How do the banks affect the forex at news events?
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一般
中
Feb 28 at 07:51
The forex market is primarily driven by general economic factors. There's always a buyer and seller for every trade. But let's say the news story scares more people than simply banks. Suddenly, there are more sellers of euros than buyers willing to hold them at the current price. This difference drives down prices until sellers get worried and stop selling, or until enough buyers are pulled in by the lower price.
How to read news???
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新手交易员
中
Feb 20 at 07:58
High-impact events on the calendar can definitely be confusing, especially if you're new to forex trading. These are basically economic announcements or data releases that have a significant potential to move the market. Traders themselves adjust their positions, manage risk, or even stay on the sidelines during these events.
How to succeed as newbie in forex trading.
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新手交易员
中
Feb 16 at 06:13
As a beginner it’s better to have good knowledge in forex trading. Having an idea of where you're going and how to get there is essential.
How much do forex traders make a day?
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一般
中
Feb 16 at 06:10
It depends on how much risk you're willing to take, usually a beginner starts with small trade based on his risk capacity. One of my fellow forex trader makes anywhere between $500 to $2,000 per day. However, this figure can vary significantly depending on market conditions.
OIL going up
在
经验丰富的交易员
中
Feb 12 at 10:25
Good one! May I ask how do you analyze this one?
Coinscrash Bitcoin future?
在
加密货币
中
Feb 12 at 10:22
Bitcoin's future is intriguing; it has its ups and downs. Choosing between bitcoins and forex depends on your comfort and risk tolerance. It's all about finding what suits you best in this dynamic market!
What is the best exchange to trade forex and crypto?
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一般
中
Feb 09 at 07:51
Choosing the best exchange is a personal journey. Your insights on factors like fees, security, and user-friendly features are key. Each trader has their unique preferences, so finding what suits your needs and expectations is the ultimate goal.
WHAT'S YOUR TRADING PHILOSOPHY?
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新手交易员
中
Feb 07 at 07:16
As a trader, my philosophy revolves around disciplined risk management, continuous learning, and adapting strategies to ever-changing market conditions.
Guide For beginers
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新手交易员
中
Feb 07 at 07:10
Grateful for the insightful guide! 🙏 Your comprehensive tips for beginners are invaluable. Thanks for sharing your expertise on this
Trading Psychology
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一般
中
Feb 07 at 07:08
Staying disciplined in market fluctuations is about embracing a strategic mindset. Psychology is the backbone of trading success; self-awareness and emotional control are key.
Market manipulation?
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一般
中
Feb 07 at 07:06
I'm sorry to hear about your experience. It sounds concerning. Be cautious of brokers demanding commissions without clear explanations. Ensure you understand all terms before proceeding.
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