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Posted

Trading strategies must be built on your own. Many traders practice high-risk trading strategies, but for some, it may not be the best option. So, if a trader is thinking of copying someone else's trading strategy, then they need to look at the strategy and think about risk management as well. Always test your strategy in a demo account first before applying it to real trading. Almost all broker like Eurotrader provides a free demo account.

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Posted

I agree that a self-made trading strategy brings better results, but without experience, and the desire to earn more money, I practice on the Amarkets RAMM broker

Posted

I currently use a strategy called trend trading. It is a simple strategy used by many traders, and it attempts to yield positive returns by exploiting markets directional momentum.

Posted

A trading plan must indeed be owned by a trader, this is needed and necessary so that traders can be maximized in carrying out trading activities that are in line with expectations while on a real Tickmill account.

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Trading is not just market analysis. As money is involved here, emotions play the big parts during trading. Most of the traders ignore this. They come here to make huge money overnight. They become greedy when make some profit and they also feel broken when lose money. Without being discipline success in forex Market is not possible. I trade forex Eurotrader broker. I like their low spreads and instant deposit and withdrawal facility.

Posted

Trading plans will indeed be needed by traders, this is necessary so that traders can be better and can be maximized in carrying out trading activities that are in line with expectations and can become a trader of the month with Tickmill.

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This question varies from person to person or trader to trader. Some of the trader think that forex is easy, while some think that it is not so easy. According to me, forex is easy if you have all the knowledge about forex. If you know what should do and what shouldn't than forex is easy for you. Those who have little knowledge about forex can face difficulties when they are going to trade. I am also a trader of Forex4you. They help me to make profit and minimize the loss. With the help of them forex becomes easy for me.
 

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Trading plan is really needed by traders, this is needed and necessary so that traders can be maximized in carrying out trading activities that are more directed and better than before.

  • 1 month later...
Posted

Demo is a really useful tool. Not just for beginners but also for everybody who wishes to try a new strategy or fine-tune their existing one.

We have to be mindful, though, that on a demo account we don't experience emotions to the same extent, the fear, overconfidence, etc. are not so strong when we are not risking money. So we have to be careful when transitioning to a real account from demo.

Posted

Tickmill provides demo accounts and educational programs that traders can use to improve their existing skills, profits, and experience to be better than before with Tickmill, and traders also have the opportunity to become a trader of the month.

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Many analyzes can be done in Forex trading. But that strategy must be profitable. If the strategy is not profitable, you will not be comfortable trading. As a trader, I am always focused on developing a trading strategy. If the trading strategy is not done properly, it is never possible to make a profit.

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Existing analytical skills must be able to continue to be properly improved, this is needed and needed so that traders can be more optimal in carrying out trading activities and can become a trader of the month with Tickmill.

Posted

I mostly use the Price Action strategy for scalping but looking to try Position trading strategy, anyone currently trading using this strategy? Would like to know if it is worth the struggle since it is long term strategy?

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