Myra Wilson Posted October 30, 2020 Share Posted October 30, 2020 There is a lot of successful and prestigious Forex trader who wasn't financially educated but become a professional trader by learning. Traders make mistakes and learn from them. There are both profitable and losing trades in one’s trading life. Traders should be able to create a consistency that most traders are struggling with. Eurotrader ebook gives me the best learning guide in my career. Quote Link to comment Share on other sites More sharing options...
Myra Wilson Posted October 30, 2020 Author Share Posted October 30, 2020 World currencies are traded in the forex market. While selecting the currencies to trade, you will see that these currencies are paired like EURUSD, GBPUSD. Also, currency pairs fall into three categories Major, Cross, Exotics. Major pairs are more popular than other pairs. I recommend new traders to trade major pairs. My broker Eurotrader offer low and tight spreads in major pair. Many traders are reluctant to focus on analysis in the world today, but it's important to at least understand the essential functions of analysis. You need to understand what the market is thinking and how to manage risk with sentiment. I recommend new trader to learn first without investing money. Eurotrader offer free educational resources for all kind of trader. Quote Link to comment Share on other sites More sharing options...
gds221 Posted October 31, 2020 Share Posted October 31, 2020 It is quite difficult to understand the structure of the market, but this will have a very positive result if the trader can still understand how everything works. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 31, 2020 Share Posted October 31, 2020 Understanding the order and essence of the functioning of the market for a trader is an extremely important task. So you can earn many times more. Quote Link to comment Share on other sites More sharing options...
Namu Posted November 1, 2020 Share Posted November 1, 2020 On 10/31/2020 at 7:40 PM, Vaabum said: Understanding the order and essence of the functioning of the market for a trader is an extremely important task. So you can earn many times more. so that the profit can be on our side, of course the most important thing is that we have to plan and strategy in trading to be even better, and indeed the management and control of traders must be properly studied so that when trading and starting on a FreshForex real account can be generated big advantage Quote Link to comment Share on other sites More sharing options...
gds221 Posted November 2, 2020 Share Posted November 2, 2020 It is very important for the trader to understand the essence of the processes in the market. So it will be much easier and faster to learn how to work for the result. Quote Link to comment Share on other sites More sharing options...
Jessie Chandra Posted November 4, 2020 Share Posted November 4, 2020 Every new traders should use demo account before trading in live account. Because demo account helps him to know all the basics of forex trading. Without knowing the basics of forex, it is quite impossible to make the investment into profit. At first, investing in live account is a very risky decision. When trader gets all knowledge and become pro in forex trading than he should move to demo account. When I was new in this market I also opened a demo account in Forex4you. it helps me to understand about forex. It makes me professional enough to invest in live account. I am still trading with them. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted November 5, 2020 Share Posted November 5, 2020 The forex market is known as a profitable business. However, you have to trade by acquiring proper knowledge. You can never make a profit if you don't know about market movement. First, you have to have an idea about the market context. If he starts trading without knowing anything, he will never be able to succeed in trading. To achieve the trading success you need to gather knowledge. I trade on Eurotrader brokers. These brokers help me a lot in trading. Quote Link to comment Share on other sites More sharing options...
gds221 Posted November 18, 2020 Share Posted November 18, 2020 Understanding market processes is a very important aspect. If a trader has received this skill, then he can significantly improve profits. Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted November 20, 2020 Share Posted November 20, 2020 From other mistakes we all should learn, and that’s why for any unforeseen situation we should make a backup plan. The most important thing in that case is to use stop loss in the trading but many of us ignore it. Forex4you is a solid trading broker who gives error free trading environment for their clients. They give risk and money management policies. That’s why their traders are trading comfortably in Forex market then other traders. Quote Link to comment Share on other sites More sharing options...
gds221 Posted November 21, 2020 Share Posted November 21, 2020 Understanding the market is almost impossible. It is worth realizing that having a work plan in a market where everything can always change at any time is simply pointless. Quote Link to comment Share on other sites More sharing options...
Rinanee Posted November 21, 2020 Share Posted November 21, 2020 Before starting trading, you need to familiarize yourself with the basic theoretical aspects that will allow you to develop an effective strategy that brings profit on a regular basis. Quote Link to comment Share on other sites More sharing options...
gds221 Posted November 22, 2020 Share Posted November 22, 2020 In general, the trader has many tacit duties, without which it will be quite difficult to get a positive result. But it is worth realizing that they need to be developed for themselves. Quote Link to comment Share on other sites More sharing options...
maspluto Posted November 23, 2020 Share Posted November 23, 2020 don't forget to be able to do the existing training and learning properly, this is needed and necessary so that traders can be maximized in improving their existing skills, profits, and experience properly. Quote Link to comment Share on other sites More sharing options...
gds221 Posted November 23, 2020 Share Posted November 23, 2020 In order to understand the essence of work in the market, you need to work at least for some time in this industry. The trader will get the necessary experience and will already understand what and how it works. Quote Link to comment Share on other sites More sharing options...
Laidar Posted November 24, 2020 Share Posted November 24, 2020 Without personal experience and practice, it is quite difficult to understand the essence of the market and its capabilities. Quote Link to comment Share on other sites More sharing options...
gds221 Posted November 24, 2020 Share Posted November 24, 2020 It is very important to understand the essence of work in the market. In this case, the trader will be able to get more interesting work results. Quote Link to comment Share on other sites More sharing options...
Monaya Posted November 26, 2020 Share Posted November 26, 2020 For leather to be successful and profitable, you need to understand how the market works and its movements. Quote Link to comment Share on other sites More sharing options...
maspluto Posted November 27, 2020 Share Posted November 27, 2020 achieving success in forex is not an easy matter, it requires maximum training and learning properly, so it is important for traders to be more maximal in carrying out trading activities according to expectations with Tickmill. Quote Link to comment Share on other sites More sharing options...
gds221 Posted November 27, 2020 Share Posted November 27, 2020 Honestly, the market is a rather difficult process, and it is quite difficult to fully understand it. Partially - quite real, but it will be quite difficult to understand completely. Quote Link to comment Share on other sites More sharing options...
Robert M Posted November 28, 2020 Share Posted November 28, 2020 Learning is fundamental for being a beneficial trader. You have to study and research a broad measure on the off chance that you ought to be an advantageous trader. You have to learn specific knowledge to control your emotions. Then begin with demo account to understand how the market works. You also need a regulated broker. I like Eurotrader broker's trading platform for my trading as it executes trade instantly. I additionally appreciate the services they provide. I also like their instant withdrawal facility. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted November 28, 2020 Share Posted November 28, 2020 If you want to make a consistent profit in trading, you have to have an idea about the market movement. Many traders are not able to make a profit due to a lack of knowledge about market movement. In every analysis, market movement should be read first using the correct strategy. Many traders try to enter the trade while sitting in front of the platform. It should never be done by a profitable trader. Quote Link to comment Share on other sites More sharing options...
gds221 Posted November 29, 2020 Share Posted November 29, 2020 I believe that the average trader will need about a year of work to unlock its potential in this industry. During this time, he managed to understand the day of work. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 29, 2020 Share Posted November 29, 2020 The ability to understand the essence of the market is quite important. If the trader got it and can work with it, it's great. Quote Link to comment Share on other sites More sharing options...
gds221 Posted November 30, 2020 Share Posted November 30, 2020 As for me, it is extremely important for the trader to understand the essence of work in the market. This will make it possible to make a profit much more. Quote Link to comment Share on other sites More sharing options...
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