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Thread: General Tips

  1. #1
    Samuel23 is offline Senior Member
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    Default General Tips

    Do not trade just for the sake of trading. If the market is quiet and there are not good entries, simply donít trade. On the other hand, when the market is showing plenty of good new trade setups, donít be frightened to take those trades.

  2. #2
    dine is offline Member
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    As a new trader always begin with small sums and and also with small leverage while adding your account with the profits you make. And also trade on a currency pair that you can understand if possible to a pair that is highly liquid and mostly traded.
    khyangg likes this.

  3. #3
    jasonrodriguez is offline Junior Member
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    Yeah i guess you are right a new investor always start with little amounts and and also with little use of including your consideration with the profits.
    Last edited by jasonrodriguez; 05-08-2015 at 09:55 PM.

  4. #4
    Andrei is offline Junior Member
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    Well, in terms of trying trading, I suggest better start on learning all important things about forex trading. It could help you think and create effective and profitable trading plan.

  5. #5
    chetanepic is offline Banned
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    You all of having good point, but as a technical analyst, i recommend that every forex trader should use the forex tips given by the professional advisor, then you see they will earn a great income. We also generate the quality forex tips along with the indian stock tips.

  6. #6
    JimTatum is offline Junior Member
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    Default

    Continue demo trading for atleast 6 months

  7. #7
    Sobahan Ali is offline Senior Member
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    By and large traders in particularly the newcomers consider high leverage at much risk. but according to my trading experience I donít consider it , if there is any risk it is completely with non-sense planning and zero risk management policy , nothing to do with high leverage at all. so, before trading with high leverage we the traders first of all have to know how to manage risk.

  8. #8
    Mark M is offline Senior Member
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    I have seen according to my trading experience by and large traders in particularly the newcomers donít believe the importance of this trading place at all. Thatís why mostly falls a great loss due to lack of exact trading knowledge. in my trading career , after passing a long time I still my demo trading , before using in a live account , I use my all trading techniques first of all in my demo trading to see the performance how it works. Thatís why I can avoid risk in my live trading until the end of time. so, my trading life is very much comfortable.

  9. #9
    Sobahan Ali is offline Senior Member
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    The newcomers should take demo trading for acquiring proper trading knowledge, but they donít believe the importance of this trading place at all. as a result by and large newbie fall a great loss when trading practically. Thatís why before earning first of all we have to make sure proper trading knowledge by learning.

  10. #10
    Mark M is offline Senior Member
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    This market is too much volatile and no one can predict the real faction of this market with certainly , so it is really a risky place to earn money rapidly , but we can acquire proper risk management approach from here , then it is possible to make profit easily . so, first of all we the traders have to ensure how to manage risk.

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