Confidence

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Thread: Confidence

  1. #11
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    Confidence
    Indicators alone do not have the power to make you profitable. In addition to the indicator, you need to add a lot of information. It is not possible to retain the profit if you do not have to trade at 1: 2 risk-reward all the time. No more than a 2% risk can be taken for each trade. And you need to get an idea about many kinds of technical analysis. You can't make a profit with just an indicator, you have to do a lot of analysis on these things. My broker Tpglobalfx helps me a lot. They are very helpful. They never make disappointment to their client.

  2. #12
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    Confidence is the most basic thing in forex trading. Most of time trader sees their impulsiveness as confidence. Confidence is something that impact you to loosen up while you are on the trade or off the trade. To get sureness, first thing is to extend knowledge about trading. By then practice, practice and practice. Test your strategy in demo account for 3 to a half year. It will help your conviction an extensive measure. I moreover trade forex at Eurotrader broker. I for the most part think about their advanced instructive materials. Those are to a great degree useful for me.

  3. #13
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    Confidence could be built upon, if you have proper knowledge and skills which are required in Forex Trading.

  4. #14
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    sounds good that you took Forex as your extra income source that means part time job. by the way , honestly speaking , i have never seen a trader who successful from this trading place as a part timer. its my own experience , please dont take it personally.

  5. #15
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    in ro ham eslah kon:
    Confidence is good, but overconfidence will ruin it all. You need to become aware of the fact that when to trade and when to stop, if you really wish to earn in the Forex Trading.

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