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gds221
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Everything posted by gds221
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Top Tips for Selecting the Perfect Forex Broker
gds221 replied to adamsmiths's topic in Forex Trading Styles
By many parameters of work, I chose the broker Amarkets. I believe that now it is one of the most reliable and profitable brokers in the market. He was satisfied with the working conditions with him. -
Thank you for the information. It will be very useful for beginners to familiarize themselves with this material.
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It should be understood that more indicators mean that the trader's opinion will be divided, and it will be more difficult to make the right decision.
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Any kind of results should not ruin your confidence
gds221 replied to adamsmiths's topic in Forex Trading Styles
For me, for example, confidentiality is one of the most important job criteria. I don't like publicity. -
How do you trade? Are you a Fundamental or a Technical Trader?
gds221 replied to dhanpreet's topic in Forex Trading Styles
I believe that a trader should try to be both fundamental and analyst at the same time. So it is more realistic to achieve positive results. -
How to protect yourself from market risks
gds221 replied to adamsmiths's topic in Forex Trading Styles
In fact, you cannot protect yourself from market risks. The maximum that can be done is to reduce their influence on yourself, but even this is far from easy. -
Forex is far from an easy option to work with. At the very least, it is worthwhile to understand that this option requires effort and knowledge - you will not be able to make money just like that.
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The best way to protect your funds is to choose the right broker. If you have chosen the right and reliable broker for the job, then the results of the work will not keep you waiting.
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Are professional trading courses useful?
gds221 replied to adamsmiths's topic in Forex Trading Styles
In trading, any training option is generally useful. For example, I started my career with a demo account of the Amarkets broker. I have been working with this broker for a long time, but I pay attention to training to this day, because I consider it important. -
Do you trade for money or emotional satisfaction?
gds221 replied to analyst75's topic in Forex Trading Styles
Initially, the goal of my work was still profit, but now moral pleasure also plays a very important role. -
Developing your trading skills like the pro trader
gds221 replied to adamsmiths's topic in Forex Trading Styles
In general, I think that practicing your own style of work is an important element of success for a trader. At least I worked with a broker Amarkets, and I was able to achieve the best results after implementing my own style of work. -
In my opinion, trading robots are not the most reliable option. At least I like the manual mode much more for work.
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Trading errors are inevitable. Even a pro can make a mistake and lose the previously earned profit at one point.
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Controlling emotions that cloud your judgement
gds221 replied to free forex's topic in Forex General Discussion
The ability to control emotions while trading is extremely important. In my opinion, a trader should always be in control. -
Choosing the right broker is a key task for a trader. For example, I am currently working with a broker Amarkets, and I believe that I made the right choice. I am satisfied with the results of the work, and in terms of reliability, this is a pretty good option.
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You need to know your limits anytime, anywhere. This is a key concept for self-control.
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Trading the trend with The Forex Trendy Software
gds221 replied to Alick Bannerman's topic in Forex Newbies
To be honest, this is the first time I've ever heard of such software. I trust trusted sources more. -
Make Money Trading Forex In The Midst Of The Coronavirus Pandemic
gds221 replied to Norm O'Neill's topic in Forex Newbies
As for me, the pandemic is a very good chance to discover something new for yourself. At least forex trading is a very good option for this time. -
For me, the biggest drawback of robots is the inability to work manually. so I can independently decide the results of my work, and so - only passive earnings.
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In my opinion, it is extremely important for beginners to compare their trades with traders who have already achieved results in this industry.
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As for me, starting with a small amount of the deposit is the most correct option. At least I started my career with a broker Amarkets and with a minimum deposit of $ 100. In my opinion, this is quite a good option.
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In general, there are quite a lot of tips for beginners, and indeed for traders. The main thing to understand is that the results of your work depend only on you.
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News plays an extremely important role in the event that a trader trades on them. In other cases, this is less important, but still worth paying attention.
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Forex trading is a tricky option and it is far from easy to learn. In my opinion, achieving results in this industry really requires attention.
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Discipline has always been a very important aspect of success. If there is no discipline, there will be no result.