Depending on the strategy

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Thread: Depending on the strategy

  1. #1
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    Default Depending on the strategy

    Depending on the strategy
    Depending on the strategy, traders can aim for a small or large amount of profit. With scalping, traders can increase the lot size and reduce the leverage. However, not all brokers allow this kind of trading strategy in the market. So, I suggest traders should use a broker like Eurotrader which allow all kind of trading strategy in the market.

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    I don't think robot is good for trading if you want to stay long in the market. For scalping you have to find your trading edge. By then you have to pick which trading technique is best for you. Consistent with say for scalping you should be solid mentally. Scalping is for master individuals. Be that as it may, lamentably tenderfoot trade love it progressively and washed away their account. I like scalping to an uncommon degree well. So I do it. Tight spreads and quick execution are basic for scalping. For this Forex4you broker is one of the best.

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    When I trade a strategy, I need to know the strengths of that strategy. If the strategy is weak, it will be very difficult to make a profit. I have to be a successful trader relying on strategy. I trade using technical analysis. This strategy can give me a lot of profit.

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    Forex is a great market to trade. Nowadays it has become more popular after the covid-19 pandemic. Traders need to think carefully about how much they will invest in the forex market. Because many traders lose more money than they earn in the market. In my case, I started trading with only $50 at Eurotrader. I am gradually increasing it through profit.

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    Risk management is essential in forex trading. It is helpful not to take more than 5% risk in one trade, and you need to determine what percentage of risk you took in your trade. As for me, I take maximum 2% risk of my capital per trade. Forex4you give me high leverage but I use 1:100 leverage. High leverage expose high risk.

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    If you don't create a strategy, you can't make a profit. So the profit of every trader depends on the strategy. I can make as much profit as I can make a good strategy. But if there is a problem in creating a strategy, it will be very difficult to make a profit.

  7. #7
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    in ro ham eslah kon:
    For some people trading is easy, for some people it is very tough. It is fully depend on the knowledge and techniques trader has. If he can do all the trade very sharply it will be very easy to make profit. But those who can't deal the trade simply with their mind they may face difficulties in forex market. Sometimes some trader feels the trade tough just because of their broker. Broker plays an important role in trading. In my trading career, my broker TP Global FX helps me to make the trade easy. They give all kind of facilities I want to make my trade.

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