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Type: Posts; User: Tom Daley

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  1. Thread: Strategy

    by Tom Daley
    Replies
    1
    Views
    1,606

    Trading journal is important in trading. Make a...

    Trading journal is important in trading. Make a note of the exits and exit conditions for each trade, target values, resistance and support values, time, closing and opening of the market for the...
  2. Replies
    2
    Views
    1,173

    Forex trading is not easy. It required time to...

    Forex trading is not easy. It required time to achieve success. Trader should take time in demo account. Then investment small to gain experience. With knowledge, trader can go close to success in...
  3. Replies
    3
    Views
    1,186

    Forex is a very risky market. Making profit make...

    Forex is a very risky market. Making profit make most difficult of trading. Many are trying and many already quitted the market. Some are successful in the market. Trading is not difficult. So,...
  4. Thread: Which broker

    by Tom Daley
    Replies
    6
    Views
    1,759

    I don't think robot is good for trading if you...

    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....
  5. Replies
    6
    Views
    96

    As a human being, emotion is a part and parcel of...

    As a human being, emotion is a part and parcel of our life. Controlling emotion is a tough job. But in forex trading, as a trader you have to control your emotions. Emotion can cause the loss in...
  6. Replies
    5
    Views
    100

    It is essential to do safe trading. Tough the...

    It is essential to do safe trading. Tough the forex market is very risky, Every traders want to minimize the risk. If you are trading in forex market you should have enough knowledge about forex...
  7. Replies
    4
    Views
    57

    First of all, Trading in forex is not a game. If...

    First of all, Trading in forex is not a game. If you want to be a trader in forex market, you should know the basics of forex. You can learn about forex from different sources, such as: Senior...
  8. Replies
    7
    Views
    53

    If you are thinking to start trading in forex, ...

    If you are thinking to start trading in forex, you should know some basic rules. Everyone enters into the market to make profit. Without learning about forex, you can not make profit either. You can...
  9. Replies
    4
    Views
    39

    Success in the forex market mainly depend on the...

    Success in the forex market mainly depend on the trading strategy. Every trader has different trading style. If any trader wants to make success in forex, he needs to follow some rules. He should not...
  10. Thread: Risk an Fx

    by Tom Daley
    Replies
    9
    Views
    756

    For successful forex trading it is very much...

    For successful forex trading it is very much important to make the profit consistently and reducing the loss as much as possible. Making profit is the main motto of every trader. As a trader, I am...
  11. Replies
    2
    Views
    819

    Risk management is essential in forex trading. It...

    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...
  12. Replies
    3
    Views
    856

    Trader should always stay in the market. Learning...

    Trader should always stay in the market. Learning to get out of the situation is more important than getting in. Trader should first plan an escape strategy before trying to into into that particular...
  13. Replies
    4
    Views
    773

    Forex trading is risky. Trading psychology is...

    Forex trading is risky. Trading psychology is also important in trading. Only enter if you have a profitable trend. In Forex, less is more, and people need to understand this concept over time. You...
  14. Thread: Confidence

    by Tom Daley
    Replies
    9
    Views
    1,893

    Forex trading is easy but making profit is hard....

    Forex trading is easy but making profit is hard. Trader need to select of proper time frame to identify potential trade. Choosing a lower time frame is another important reason why people lose money....
  15. Replies
    5
    Views
    1,892

    Broker is important. Moreover, broker with wide...

    Broker is important. Moreover, broker with wide range of trading facilities is good for trader. If trader want too test new trading instrument is helpful them. However, I recommended to check Broker...
  16. Replies
    5
    Views
    155

    Demo account is the best place to start trading...

    Demo account is the best place to start trading without investing real account. Almost all broker in the market provide demo account free. Trader can practice live forex market with virtual money....
  17. Replies
    5
    Views
    92

    Leverage is one kind of loan that broker provide...

    Leverage is one kind of loan that broker provide to their trader. Trader can trade big with small capital. This is made the forex market so lucrative and risky. Leverage can be good or bad. So,...
  18. Trading is profession which need lot of knowledge...

    Trading is profession which need lot of knowledge and skill. Trader should focus o gaining knowledge rather than making profit. 95% trader are failing daily due to lack of knowledge. Traer should...
  19. Replies
    8
    Views
    154

    Picking a broker is imperative on the grounds...

    Picking a broker is imperative on the grounds that by picking the correct broker course will give arrangements with respect to solace to traders. For the time being, many brokers that we can utilize...
  20. Replies
    6
    Views
    87

    My recommendation to individuals that need to...

    My recommendation to individuals that need to attempt forex is right off the bat do a great deal examine. At that point figure out how to control your feelings while trading. Before going to live...
  21. Replies
    3
    Views
    189

    Mistake is common in trading. If you know the...

    Mistake is common in trading. If you know the reason, you can deal with it and prevent the same thing from happening again. So, extract trading reports from trading platform like Metatrader....
  22. Replies
    5
    Views
    193

    Trader should always stay in the market. Learning...

    Trader should always stay in the market. Learning to get out of the situation is more important than getting in. Trader should first plan an escape strategy before trying to into into that particular...
  23. Replies
    4
    Views
    227

    All novice traders make mistakes in the trading....

    All novice traders make mistakes in the trading. Thousands of traders enter this market every day, but only a few can make a profit. the majority have always failed to make a profit. Making money...
  24. Thread: Risk an Fx

    by Tom Daley
    Replies
    6
    Views
    322

    Forex trading is easy. Anyone can start trading...

    Forex trading is easy. Anyone can start trading easily from anywhere in world. However, making consistent profit from the market is difficult. Trader need knowledge, skill, patience and discipline....
  25. Replies
    6
    Views
    743

    my monthly target is 5% of my capital. However, I...

    my monthly target is 5% of my capital. However, I am only able to secure highest 3%. I am still learning. Hope one day I can achieve more from my target. Proper risk and money management is important...
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