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Thread: Forex Part

  1. #1
    Abu Salam is offline Banned
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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
    Abu Salam is offline Banned
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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.

  3. #3
    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.

  4. #4
    Abu Salam is offline Banned
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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.

  5. #5
    Elizabeth Rooney is offline Junior Member
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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.

  6. #6
    Abu Salam is offline Banned
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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.

  7. #7
    Abu Salam is offline Banned
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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.

  8. #8
    Abu Salam is offline Banned
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    All are safe and sound but from my first day of trading I have been using ECN platform

  9. #9
    Abu Salam is offline Banned
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    Patience is important, I do agree. But more important is trading discipline. Without real trading discipline thatís not possible at all to lead a successful trading life with certainly in spite of having most powerful analyzing trade knowledge.

  10. #10
    Ajes is offline Junior Member
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    Quote Originally Posted by Abu Salam View Post
    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.
    Put simply, invest/trade what you can afford to lose. In the event of lose, you wouldn't feel too bad when you trade small, but this is especially true for newbies who have not fully understand what the market entails.

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