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gds221
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Everything posted by gds221
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Everyone finds for themselves what to strive for, and usually this is the best motivation. I motivated myself by the fact that I want to make more profit.
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In general, in any case, knowing certain restrictions is very important for yourself, because it will only benefit the trader.
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It is extremely important for beginners to go through the demo billing stage. When I started working with a broker from Amarkets, I initially used a demo account to work.
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Kau was already correctly written, here it increasingly depends on what strategy the trader chose for work.
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What are the types of analysis need to do in forex trading?
gds221 replied to Myra Wilson's topic in Forex General Discussion
In general, here everyone chooses for themselves a more suitable option for analysis. -
These concepts are completely different even in essence, and therefore it is worth drawing conclusions for yourself in more detail.
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Now the market allows you to choose absolutely any broker, because there are just a huge number of offers. Here the essence is different - to choose a worthy offer.
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For a trader, the psychological aspect of work also means a lot. As for me, this aspect should be given a lot of attention.
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Usually I use couples with whom I already have experience, and I can make a stable profit.
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In general, everyone makes a choice for themselves with what amount to start working, and this is quite normal. For example, I started with a broker from Amarkets with only $100.
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The most important thing for beginners is to use a demo score. When I first started working with a broker from Amarkets, I studied precisely on a demo account, and I want to say that this is really the most important aspect.
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It is very important to be able to do this correctly. For if there is no experience, then the results may not be the most positive for the trader, which is quite expected.
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It should be understood that in the forex market, results can be achieved only with work experience, and most importantly, having a desire to work.
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It is really very important for a trader to use different brokers for work, at least in order to have experience with other companies. As for me, this is a fairly important aspect for work.
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Choosing the right strategy for work is an extremely important task for the trader, which solves many issues in the process of work.
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For work, forex is far from the easiest option, and I myself made sure of it. I used a broker from Amarkets to work, and I can safely say that making a profit is far from easy.
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Fear in trading is not the most pleasant phenomenon. Getting rid of it is difficult, but necessary. Otherwise, losses simply cannot be avoided.
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Purely in essence - everyone can work in this industry, but the essence is not in work, but in earnings..
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Choosing a strategy for work is far from the easiest option. Here, it is already important to choose the right strategy for a specific situation.
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How important are low spreads to you?
gds221 replied to Myra Wilson's topic in Forex General Discussion
As for me, low spreads are important for every trader, and I am no exception. I believe that now in this regard, a broker from Amarkets, with whom I work now, turned out to be a good option. -
I wouldn't compare those two concepts. Still, they are too different, and comparing them is not entirely correct.
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It is worth understanding that according to such a strategy it makes sense to work when the trader already has experience in this industry.
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In trading, it is really very important to know your limits. The trader should always be as attentive as possible and not allow exits beyond the permitted.
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For me, the most important thing is that the broker is reliable. I had to work with different companies, but I now consider Amarkets the best in terms of work. As for me, this is a reliable and profitable option.
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Now there are so many strategies that choosing the right one is not a problem at all.