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novarisa

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Everything posted by novarisa

  1. Greediness, unable to control our emotions, lack of discipline and lack of trading mental is the most dangerous things we might want to avoid when it comes to trading on forex market.
  2. Demo contest could be a dangerous place when it comes to train your trading psychology, you will never train your trading psychology well if you are racing to multiply your balance to reach the reward of the contest
  3. Because it's quite difficult to control your emotions when doing trading, especially when facing big losses in your trading order. You may want to recover these losses as soon as possible but never anticipate it with proper analysis.
  4. But to do trading with robot it's a good thing if you wan't a constant profit on forex trading. It's better for yourself to do it by yourself, and also learning about each country's economical situations...
  5. It's really better to learn how to trade well on demo account because you will never taking any risks when learning about forex trading on demo account.
  6. Better to keep up with some forex articles that you might find in some broker, forums, blogs, etc. Some discussion about a currency pair will be useful for you too.
  7. It determining your prizes and your risks. You should consider this as well when making your trading account in a broker...
  8. It;s very important to learn and mastering on how to do trading forex well because we need to prepare ourselves with proper training before risking our investment on real account.
  9. You might have to be more aware of those hidden terms and conditions that might trapped you to do deposit first in order to withdraw that bonuses.
  10. The more you trade, the more experience you will gain. And make sure to evaluate your trading journal in the end of your trading session to learn something new and avoid the same mistake.
  11. It depends on what's the ratio of their SL and TP. But don't put TP too high and SL too low, just put them based on your analysis.
  12. And also it's not very profitable in ebery market situations, should be considered when the market trend is changing.
  13. Keep yourself up with forex article and always being active on forex forums. Read some traders experiences that will get some useful information there.
  14. It's not a holy grail if you sell it for the sake of profits itself. If you think your strategy/robot is good enough to gather some bucks on forex trading, you should keep it by yourself.
  15. Money and risk management is a proper control of trading itself. It may sounds weird, but it's better than never having any kind of prevention itself.
  16. Most brokers can accept this kind of act, especialy when a trader has their own money management by making more than 1 account. Internal transfer is a good way to manage their funds.
  17. Never let forex trading overtaking your life, just let it flow with your current activities, your main 9-5 job. It affects your life positively when you can do more things with critical thoughts just like when you're doing trading.
  18. The more we trading on forex market, the more we know about how this market works. 4 years is a decent time if you're still doing trading that might be making stable incomes by now.
  19. The gain is equal with the risk whatever how big or how small your trading volume is. The point is make sure that you can manage the risk. Don't take the risks that you can't even accept it.
  20. As long as we are able to control our emotions in forex trading, we can manage the risks well and prevent overtrading. Make sure that you're learning how to manage the risks and manage our trading funds.
  21. Gotta take your time learning and understanding forex market so you can master it and you can analyze it well that you will gather some decent profit.
  22. Big expectations of newbies came from their greed. That's why we need to be discipline in order to not involving our greed when it comes to trading on real account with your funds.
  23. Never consider this business as gambling. You can analyze, predict the price movement first before put a trading order to gather some profits.
  24. Be sure that you're doing trading on calm environment so you won't get disturbed by noisy things outside. And make sure a cup of green tea is ready to calm yourself more and grow more concentration on trading.
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