Exchange Blog Cryptocurrency Blog

-
Posts
51 -
Joined
-
Last visited
Everything posted by Baazex
-
If you have been in forex trading from long time you must know it’s not as easy as people think if you want to make your life easier and less stressful don’t geek out on the math make things easy for you to understand focus on predictable means famous and cheap pairs
-
Remember your success depends on you as much you will learn and experience that much you can earn, you must have a foul free strategy you can study and monitor the market talk to your broker openly and than make a plan , Risk management is the other thing you have to be master to earn in trading simply learn money management and risk management forex is profitable business.
-
When you are trading with actual money a trader would never repeat mistakes again because nobody wants to loose money risk management is vital in trading planning and strategy
-
Consistency in profit making is very important?
Baazex replied to showrov1993's topic in Forex General Discussion
Being constant in forex trading is must , If you have been in forex trading from long time you must know it’s not as easy as people think if you want to make your life easier and less stressful don’t geek out on the math make things easy for you and you have to be patient -
Did you have enough income From Forex Trading ?
Baazex replied to TenkoFx's topic in Forex General Discussion
Remember your success depends on you as much you will learn and experience that much you can earn, you must have a foul free strategy you can study and monitor the market talk to your broker openly and than make a plan , Risk management is the other thing you have to be master to earn in trading simply learn money management and risk management forex is profitable business. -
In trading business traders are always trying to get maximum profits its natural even greed is also natural emotion but a trader must be very realistic and this thing you can learn by experience and practice controlling the greed is essential
-
Don't just buy and sale based on price only , plus too much focusing on win rate may also lead you towards trouble trading without proper plan may also discourage you Focus , Patience and yes Risk management will lead you towards desired goals just plan and stick to it
-
New traders who are looking to make a change in their career are trading full time and taking it as a full time job however, some new traders who are working full time jobs which can limit their time and effort for trading Remember your success depends on you as much you will learn and experience that much you can earn
-
If you have been in forex trading from long time you must know it’s not as easy as people think if you want to make your life easier and less stressful don't geek out on the math make things easy for you to understand focus on predictable means , learning is the key to success
-
Learn a Complete Profitable Forex Strategy
Baazex replied to davidblack's topic in Forex General Discussion
We as forex traders believe that traders should start small and grow accounts as their skill improves, we cannot ignore trend following trading breakouts can be a great way of maximizing potential gains. Breakout trades are often used with larger risk.Strategies will help you if you only have a pittance to trade. -
If you have been in forex trading from long time you must know its not as easy as people think if you want to make your life easier and less stressful don't geek out on the math make things easy for you to understand focus on predictable means famous and cheap pairs
-
"Make money from Internet" and do Forex Trading
Baazex replied to VishalM's topic in Forex General Discussion
The main thing is are you satisfy with your choice of profession and you are enjoying your trading career ,When we talk about money more is always less, Forex trading is a serious and life changing business you can make it for living you have to learn it by core and have to focus on risk management its is a profitable business and gives financial freedom like no other but you have to excel in trading to make it for living -
Broker must have buy and sell-side trading experience across large, mid, small cap, program trading and emerging markets He must be regulated within your country laws and licensed.
-
Forex trading is not an easy job it needs a lot of learning practice and knowledge and experience comes with time and be constant in trading practices
-
What are the tools of successful trader???
Baazex replied to showrov1993's topic in Forex General Discussion
A successful trader must be patient enough without having patience he cannot run long term in the forex trading field learning and technical knowledge is a must keep an eye on the market situation and create goals, track your goals and stick to them with patience -
Forex trading is no doubt a lifestyle Changing business you have to be very patient and keep an eye on the market conditions greed is a human emotion and its nature but trader should focus on stop loss , managing money and managing risk instead of greed ,this diversion definitely helps
-
Do you learn trading by yourself or from a mentor?
Baazex replied to Levie's topic in Forex General Discussion
Trading is a business where there is no hard and fast rule of learning you can get information and knowledge from different means there are forex forums , there are blogs , websites articles and many options to get knowledge -
Every trader have their own style of trade it depends if they like scalping and daily trading and swing traders don't need to trade on daily basis its upto you which timings and days of the week you are comfortable don't force yourself to trade
-
New traders ignore the importance of learning , lacking of technical knowledge leads towards big money losses , without roper learning traders take their money in high risk make things easy for your self don't go into complicated things keep focus and patience
-
In forex trading business keeping an eye on the market condition is a must and good and strong market analysis is essential trading with reliable and trust worthy setup is needful.
-
sometimes investing your whole capital is one of the mistakes you have to pay for , ignoring risk management is another big mistake and some new traders jump upon the trade market without any experience and without learning also they are impatient so face big money loss.
-
While selecting a broker you have to be very sure he should be Regulated and licensed under the state government requirements and rules as for the safety of your money he must be experienced enough to invest and must be aware of the forex trading technicalities
-
Forex Trading is a life changing career , it is a business gives financial freedom no other business gives you have to create a strong plan , make sure it full fills the risk management and keep an eye on the market situation and stick to the plan , patience is must and learning is the key to success.
-
Yes , you can get distracted or even disappointed specially when you are impatient and not focused once you are in trading business you have to understand the importance of planning , Risk management and patience .