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Thread: Forex Part

  1. #1
    Abu Salam is offline Member
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    Default Forex Part

    The best part of the forex strategy is money management Ėmake sure every time you trade , you donít risk more than 2-3% of you account otherwise you will break your account pretty soon. I learned that lesson from my own experience.

  2. #2
    Stive Welson is offline Senior Member
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    Various trading tools like money management, risk management and time management should be used by the foreign currency exchange traders to ensure a comfortable trading journey. A trader should also try to craft trading plan after understanding all the trading needs. And there is no doubt that fund management can help a forex trader to efficiently handle funds with a view to achieving trading goals in a crafted manner with all systematic processes.

  3. #3
    Mark M is offline Senior Member
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    *i always try to maintain discipline when trading but honestly speaking i fail to keep it particularly market moves at random.* and of course trading is not easy than other tasks but within real money managing plan there is a chance to make trading easier. *

  4. #4
    Abu Salam is offline Member
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    So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. Itís a common thinking. I think by and large lose because they trade with emotions and donít know how to manage money in Forex.

  5. #5
    Angel candy is offline Senior Member
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    Nowadays you see a lot of traders posting on social media trading sessions on the beach, etc...it looks easy but they never show you the hard work they have made on themselves in order to become profitable.

  6. #6
    Abu Salam is offline Member
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    I took Fx first of all as a part time job but didnít get the result that I have expected. And I have never found anyone who is part timer and also profitable. We have to be full time Fx trader if we want to get maximal result from our trading.

  7. #7
    Mark M is offline Senior Member
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    over trading comes from emotions , its another name is revenge trading that beginners do after having some losses.*

  8. #8
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    Forex is a great source of income. Those who can achieve this good should never face the problem of money. The strategy maintains a great importance in trading with Forex. Every Forex trader has different strategies and they also have a difference in applying this. I am a TP Global FX trader found an excellent strategy from them to which they are accustomed to apply. This strategy is really good with the moving average. This broker is really very active, has a good platform with other structures, such as a low rate of spread, a high level of leverage and lack of requote and skidding.

  9. #9
    Abu Salam is offline Member
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    it is great difficult to make profit by pin bar strategy for the beginners . as a newcomer thatís why now I am comfortable with scalping that brings profit in a short time than others trading techniques.

  10. #10
    Abu Salam is offline Member
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    I have seen so many trader loss their money in Forex trading due to overconfident and face loss. I think we control but emotion and do trade very skillfully must sake stock on right and with proper market analysis. Please share your views here.

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