Homer Raines Posted January 1, 2021 Share Posted January 1, 2021 Risk is a part of Forex trading. It is never possible to be a successful trader without covering the risk. A trader who cannot manage risk never gets a good reward from trading. I use a 1: 2 risk-reward in every trade. And always open trades at 2% risk. To maintain the risk, I enlist the help of Forex4you brokers. The service system of this broker is much better. They help all traders with their services. Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted January 1, 2021 Share Posted January 1, 2021 A knowledgeable trader never trades emotionally. They always trade according to discipline. It is not possible to trade well without a plan in trading. Many traders sit in front of the platform and get busy trading which is never acceptable in trading. There will be a loss in trading so those who will trade by maintaining this loss will be known as knowledgeable traders. And these knowledgeable traders always maintain a positive mindset. I learn many things about trading from my broker Forex4you. Quote Link to comment Share on other sites More sharing options...
Myra Wilson Posted January 2, 2021 Share Posted January 2, 2021 Forex is one of the riskiest markets in the world. 90% traders lose money in trading. Traders can even lose their whole capital overnight. So, trade carefully. You can even manage your risk easily. As for me, I only take 2% risk per trade. I started trading with only $50 in Eurotrader. I recommend new trader should start trading in demo account first. Quote Link to comment Share on other sites More sharing options...
Myra Wilson Posted January 2, 2021 Share Posted January 2, 2021 The analysis is important in the forex market. It gives a high probability to predict the right decision. There are two types of analysis in the market. Technical and fundamental. Some traders ignore fundamental analysis and trade with only technical analysis. Both analyses are equally important in trading. My broker give me all kinds of the necessary information about the market which help in my analysis. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 2, 2021 Share Posted January 2, 2021 In general, a proper analysis of work is already the key to success. For example, I use an analysis from broker Amarkets to work. I like this option better than the others. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 2, 2021 Share Posted January 2, 2021 Like any other business option, forex can have both opportunities and risks in operation. I consider this quite normal for business. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 2, 2021 Share Posted January 2, 2021 Choosing the right broker to work with opens up new opportunities for the raider and it is much easier to profit from working with such a broker. I chose the Amarkets broker for the job, and I think my choice is right. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 2, 2021 Share Posted January 2, 2021 Choosing the right strategy plays a very important role for the trader. As for me, this is a big part of the success in this industry. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 2, 2021 Share Posted January 2, 2021 In general, the right options for achieving success in this industry are well known and clear. The main thing is to be able to use them correctly in work. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 2, 2021 Share Posted January 2, 2021 As for me, a good trader is the trader who always makes a stable profit. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 2, 2021 Share Posted January 2, 2021 Often speaking, there are no universal methods that in any case guarantee profit. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 2, 2021 Share Posted January 2, 2021 To be a good trader, you need to be able to choose the right strategy for work and monitor the results of your work. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted January 3, 2021 Share Posted January 3, 2021 Proper knowledge is required to be a good trader. Because without proper knowledge it is never possible to achieve success in trading. As a trader, I always try to gain knowledge. That knowledge helps me a lot to make a consistent profit. I have gained trading knowledge from many more sites, including Eurotrader brokers. That education is helping me to succeed. Quote Link to comment Share on other sites More sharing options...
Namu Posted January 3, 2021 Share Posted January 3, 2021 3 hours ago, Lechosław Król said: Proper knowledge is required to be a good trader. Because without proper knowledge it is never possible to achieve success in trading. As a trader, I always try to gain knowledge. That knowledge helps me a lot to make a consistent profit. I have gained trading knowledge from many more sites, including Eurotrader brokers. That education is helping me to succeed. Of course all of that requires knowledge and also ability in management, traders have to learn a lot and try to run good trading, especially in the forex trading business, what must be done is always understand how it works and its management, especially the education given by every broker like FreshForex. Quote Link to comment Share on other sites More sharing options...
Namu Posted January 3, 2021 Share Posted January 3, 2021 9 hours ago, Vaabum said: Often speaking, there are no universal methods that in any case guarantee profit. everything must be in accordance with the trading plan and preparation of the trader must pay attention to the facilities and education provided by trading to make trading more understandable, the management controlled by the trader must be maximized in order to make trading more profitable with FreshForex broker and take advantage of promos and bonuses provided Quote Link to comment Share on other sites More sharing options...
Namu Posted January 3, 2021 Share Posted January 3, 2021 14 hours ago, gds221 said: Choosing the right strategy plays a very important role for the trader. As for me, this is a big part of the success in this industry. There are many ways and strategies that can be used by traders from the existing facilities and services at the broker, such as demo accounts and demo contests besides that traders can understand some of the education to be used as a way to maximize trading ability to make it more profitable, so by providing promos and the bonus can help traders maximize their trading funds to be bigger Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 3, 2021 Share Posted January 3, 2021 I try to choose already proven strategies for work that I personally tried or my close friends and acquaintances. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 3, 2021 Share Posted January 3, 2021 As for me, there are no simple universal solutions that can allow the trader to quickly improve work results. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 3, 2021 Share Posted January 3, 2021 As for me, to be a good trader, you need many different aspects. For me, a very important aspect is a good broker for work. For example, I use the Amarkets broker, and this option suits me quite well. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 3, 2021 Share Posted January 3, 2021 Choosing the right strategy for the job is quite important for each trader. It should be understood that the results of the trader's work depend on the choice of strategy for work. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 3, 2021 Share Posted January 3, 2021 As for me, those traders who consistently receive positive work results receive the title of good trader. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 3, 2021 Share Posted January 3, 2021 As for me, the optimal option for improving work results is training, while it is regular. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted January 3, 2021 Share Posted January 3, 2021 Proper money management and risk management should be done in order to make a consistent profit in Forex trading. And trading should be done compounding. This will consistently grow your account. Many traders try to make more profit without learning anything and as a result lose and lose the account. So every trader should trade by maintaining discipline and plan. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted January 4, 2021 Share Posted January 4, 2021 Existing funds and risks must be able to be considered properly, this is needed and necessary so that traders can become better and can be more maximal in carrying out trading activities in accordance with expectations with Tickmill. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted January 4, 2021 Share Posted January 4, 2021 don't forget to be able to make good use of existing demo accounts and educational programs, this is needed and necessary so that traders can be maximized in carrying out maximum trading with Tickmill. Quote Link to comment Share on other sites More sharing options...
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