Fedra Bianchi Posted December 23, 2020 Share Posted December 23, 2020 Due to the revolution of the internet, Forex trading is kind of easy. Anyone from anywhere in the world can trade in forex trading. Some traders often keep staring in the chart of the computer and keep track of their open position. It is a kind of unhealthy habit of a trader. Many brokers like Eurotrader offer web and mobile trading platforms. So, you can keep track of your position easily even at your work. Quote Link to comment Share on other sites More sharing options...
Ceban Posted December 23, 2020 Share Posted December 23, 2020 Indeed, it is very convenient when a broker takes care of the convenience of his client and provides outlets with as many services as possible. Quote Link to comment Share on other sites More sharing options...
Fedra Bianchi Posted December 23, 2020 Author Share Posted December 23, 2020 Loss is common in forex trading. Some losses are part of Forex trading but continuous losing is a bad indication. Learn from your mistake. Never repeat your mistake twice. That’s how you can ensure survival in the forex market. Try to build a proper trading plan to make a consistent profit in trading. As I am trying to build one in the Eurotrader demo account. The demo account is the best option to build and test a strategy. 1 Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 23, 2020 Share Posted December 23, 2020 In general, losses during trading are not the best option, alas. It should be understood that this leads to only one thing - loss of funds. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 23, 2020 Share Posted December 23, 2020 The terminology of work must be known before starting the work process. As for me, this is simply necessary for a trader, otherwise the results will not be the most interesting. Quote Link to comment Share on other sites More sharing options...
Myra Wilson Posted December 23, 2020 Share Posted December 23, 2020 Right. Anyone from anywhere in the world can trade in the forex market. Forex trading is online basic. All you need internet with a device, little capital, and a broker. As in Eurotrader, you can start trading with only $50 and by completing a simple step process of registration. Almost all forex broker provides free demo account where you can practice trading without invest any money. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted December 24, 2020 Share Posted December 24, 2020 Anyone who is interested in trading and is passionate about trading can definitely do Forex. If a trader is willing to do only then he will succeed in the forex market because the trader needs to be very much focused on goals and also a good learner. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 24, 2020 Share Posted December 24, 2020 Purely in fact - really everyone can work in this industry. The main thing here is to clearly understand that not everyone can make a profit. Quote Link to comment Share on other sites More sharing options...
maspluto Posted December 25, 2020 Share Posted December 25, 2020 A good and correct understanding must be able to be considered well, this is needed and necessary so that traders can be better and can be more maximal in carrying out trading activities that are in line with expectations while on a real Tickmill account. Quote Link to comment Share on other sites More sharing options...
Namu Posted December 25, 2020 Share Posted December 25, 2020 12 hours ago, maspluto said: A good and correct understanding must be able to be considered well, this is needed and necessary so that traders can be better and can be more maximal in carrying out trading activities that are in line with expectations while on a real Tickmill account. being a reliable trader is not easy everything needs training and hard work so that what traders have to do is continue to improve the quality of good trading so that they can be easy and understand in managing their plans, for that, learn everything on a FreshForex demo account so that trading can be made more profitable Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 25, 2020 Share Posted December 25, 2020 Chitso in fact - yes. Forex is available to everyone, and there are no limitations to work. Quote Link to comment Share on other sites More sharing options...
Fedra Bianchi Posted December 26, 2020 Author Share Posted December 26, 2020 Forex is a profitable trading market. However, 90% of traders lose money in trading. There are many reasons for that lack of knowledge, skill, strategy, analysis, etc. New trade often jumps into the market without knowing the proper or basic guide of trading. They end up blow up their account. So, it is better to trade in a demo account first before investing in a real account. A new trader can take free education from Eurotrader. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted December 26, 2020 Share Posted December 26, 2020 Proper Money Management and Risk Management make a trader a loser. But if you try to work by maintaining discipline and money management, you will never face a loss. Money management and risk management go a long way in helping a trader succeed. Eurotrader teaches about money management and risk management. The research center of this broker is very well educated. Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted December 26, 2020 Share Posted December 26, 2020 Demo trading could be very effective when you are new. Demo trading is important if you know how to use it. No matter you are new or old traders. If you are old traders you must know with a single strategy you can not make profit all the time. We need to change according to the market condition. To test your strategy demo account is the best place. You can't lose money by testing on live account. Â I am trading with Forex4you, a regulated broker. It provides me a wide range of services including low spreads, upto 1:1000 leverage from 1:1 and instant trade execution. Â Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted December 26, 2020 Share Posted December 26, 2020 Forex is a difficult Money making business. You have to acquire specific knowledge and skills. Without skills you will lose money continuously. And for skills you have to spend time. If you think forex is easy, don't come to here. You will lose your hard earned money. If you can give time and efforts to learn, you can give a try. Remember fir trading you need a very good broker. For this I use Forex4you, a fully licensed and regulated broker with customer oriented facilities. Â Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 26, 2020 Share Posted December 26, 2020 The main thing that needs to be understood is that everyone can receive both profit and loss. And then many think that there can be no losses. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 26, 2020 Share Posted December 26, 2020 There are many reasons, but I consider the lack of experience to be the main reason for the losses. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 26, 2020 Share Posted December 26, 2020 In general, absolutely anyone can earn money in this industry, the main thing is to be able to work and gain knowledge. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 26, 2020 Share Posted December 26, 2020 The most common reason for receiving losses in this industry is the lack of experience. As for me, it is important for the trader to gain experience and always learn. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 27, 2020 Share Posted December 27, 2020 Forex is an excellent option for work. As for me, anyone can make a profit in this industry if they learn to work Quote Link to comment Share on other sites More sharing options...
Robert M Posted December 27, 2020 Share Posted December 27, 2020 Most amateur traders jump to open big lot size as it brings immense profit. But a big lot size can transform into a bad dream. You can get a margin call. Don't risk more than 2% of your capital. I also used to take big lot and losing money then my account manager from Eurotrader has impacted me to fathom that I was conferring tremendous mistake. The broker also provides low spreads and instant deposit and withdrawal facility. Quote Link to comment Share on other sites More sharing options...
Fedra Bianchi Posted December 27, 2020 Author Share Posted December 27, 2020 Loss is unavoidable. It is common and all traders must accept the fact. However, traders can leverage their trading mistakes and loss. So, in some sense, it is a good thing. Keeping or maintain a journal is the best way to find your mistake from your loss traders. As for me, always maintain a trading journal in my 3 years of a trading career. My broker Eurotrader monthly statement also me to keep this journal. Quote Link to comment Share on other sites More sharing options...
Laidar Posted December 28, 2020 Share Posted December 28, 2020 I believe that keeping a journal is the right decision, because this way you can clearly understand where you make mistakes and what needs to be corrected. Quote Link to comment Share on other sites More sharing options...
Laidar Posted December 28, 2020 Share Posted December 28, 2020 Another big mistake of all novice traders is the desire to make a lot of money quickly and without experience and practice. Quote Link to comment Share on other sites More sharing options...
jonesKierraa Posted December 29, 2020 Share Posted December 29, 2020 Much obliged for the data you shared, I will get in touch with them now ! wuxiaworld Quote Link to comment Share on other sites More sharing options...
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