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Posted

The answer should be entirely depending on your trading knowledge and skills that which methods are best for you. If you are an expert, then you can earn money with any method. But if you are a naïve trader, then the usage of trading methods must be cautious and within your limit. Thereby, usage of trading approach can vary from person to person as each trader is different in nature and skills.             

 

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Posted

I very much keep myself away from these type of mindset. I believe that IF I am to become successful, then I got to be good enough to trade through any technique instead of just one. This is where I like FreshForex a lot, especially to do with their zero spreads, lightning fast executions and even market analysis, so I can work with any technique incredibly smoothly!

Posted

trading plan must indeed be owned by traders, this is needed so that traders can get better and be more maximal in carrying out more focused trading activities and can be more maximal in generating profits on real accounts.

Posted

Regarding the experience I have with trading equity and I think forex trading can't be much different. All i can say that there should always be a plan before the execution of any trade. Where should i entry and exit and what should be the stop loss should be decided prior to any trade. 

Posted

If price holds then there are certain market dynamics which price follows. And if I am on the right side of the market movement then my stop loss does not get touched. This happened with my EUR/USD trade yesterday. Did not think it will take a downturn and that was a big one but price held went upside.

Posted

do not forget to continue to evaluate, this is necessary so that traders can get better and be more maximal in producing profits that are in line with expectations when in a real account to generate profits.

  • 1 year later...
Posted

Every trader has his method. The method with which he can profit consistently. But it is very good if you become experienced in this method by doing demo trading. It is possible to gain experience with a method through practice. However, it is much better if you practice this in real trading with a small investment. It is better to research a method without changing the regular method.

Posted

A trading plan will indeed be needed and needed so that traders can be maximized in carrying out trades according to expectations when they are on a real account with Tickmill and get $! 000 rewars for being a trader of the month.

Posted
On 10/14/2020 at 10:58 AM, maspluto said:

A trading plan will indeed be needed and needed so that traders can be maximized in carrying out trades according to expectations when they are on a real account with Tickmill and get $! 000 rewars for being a trader of the month.

at the Tickmil broker itself, how much spread and leverage can traders use for trading, and can traders take big profits in times of news or political storms and to be able to make big profits, in every withdrawal transaction there are limits or not?

Posted

Best strategy is the strategy that works for you. The strategy that works for you may not work for me. Every body sees the market differently. For some people it's 5+5= 10 and for some people it is 8+2= 10. Try to understand the market. Read charts everyday. You will find the market sentiment. Start with a single pair. Do not run for ready-made strategies. There is no holigrail. Like trading system, broker is also very important. I am also trading forex from home with Eurotrader broker, a regulated broker.  It gives a wide anger of administrations like low spreads as low as 0 pip, up to 1:500 leverage and a wide variety of technical tools. 

Posted

I think that everyone chooses the method of work that they like more than the rest. For example, I work with the broker ExpertOption and prefer long-term investment.

  • 4 weeks later...
Posted

Of course, each company needs its own approach. Fivemedia thus up and running. She uses different methods for different companies. Because what is effective for one business can leave a second company without progress.

Posted

Without the help of a broker a trader can never be able to run his profitable marketing in Forex. It is very difficult to finding a good broker as the market is full with many scammers. Many people have lost their trust from Forex business by cheated from their brokers. Forex4you trading broker I have chosen due to their active customer service record. This is one of the well- known Forex brokers in this decentralized market.
 

Posted

I think the market context is the best strategy. It is possible to make a consistent profit with this strategy. Many institutional and retail traders use this strategy. It is possible to make a profit using this strategy. However, a proper plan and discipline are required. Because without discipline it is not possible to make the strategy work properly. Many have achieved success by trading. But the strategy behind that success carries a lot of importance.

Posted

The trading plan will indeed be very necessary and necessary so that traders can be better and can be maximized in carrying out trades according to expectations while on a real Tickmill account.

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