Ross Edwards Posted September 15, 2020 Share Posted September 15, 2020 I would suggest you consult with a reliable broker if you want to build up your forex knowledge. Proper knowledge and reliable broker is very important for a trader. I trade with a TP Global FX. They are a very reliable broker. My broker is one of the best brokers I have ever worked. Their endless supports always help me to build up my forex knowledge. I would suggest this broker if anyone looking for a reliable one. Link to comment Share on other sites More sharing options...
Jo Eshuijs Posted September 24, 2020 Share Posted September 24, 2020 If you are new at the forex market then the most important thing you should follow is choosing a reliable broker. A reliable broker with good features and strong guidelines is very important for a trader. If new traders get a reliable broker and some strong guidelines they can easily earn profits. I trade with Forex4you. I am earning a very good number of profits. They help me a lot to build up my forex knowledge. They provide many good features. They provide minimum spread and maximum leverage. They are one of the best brokers I have ever worked. They really help a lot especially when someone is a new trader. Link to comment Share on other sites More sharing options...
maspluto Posted September 28, 2020 Share Posted September 28, 2020 The selection of a broker must be considered properly, this is needed and necessary so that traders can be maximized in carrying out trading activities as expected and can become a trader of the month with Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted June 2, 2021 Share Posted June 2, 2021 On 9/28/2020 at 8:49 AM, maspluto said: The selection of a broker must be considered properly, this is needed and necessary so that traders can be maximized in carrying out trading activities as expected and can become a trader of the month with Tickmill. I am doing my trading with a Regulated International Forex Broker from the Year 2010 with SUCCESS 🙂 Link to comment Share on other sites More sharing options...
Lindsey Posted June 7, 2021 Share Posted June 7, 2021 The trader should control his emotions like greed, fear, and other emotions during the trading, because lack of control on emotions lead the trader to face big losses. Because emotions like greed or fear may lead the trader to either trade with high risks or to take wrong decisions during the trading. And this leads the trader to big losses. https://www.smartbitcoininvestments.com/ Link to comment Share on other sites More sharing options...
Resolve Posted June 9, 2021 Share Posted June 9, 2021 We will have to make use of the Loss control methods so that our losses could be limited. Link to comment Share on other sites More sharing options...
David Max Posted June 13, 2021 Share Posted June 13, 2021 If you want to trade in forex, learning is essential. Trading in forex is not an easy task. If you don't get prepared yourself for the market, you will face a huge loss. So it is essential to get knowledge about forex trading. You need to choose a good broker which can help you to get knowledge about forex. I choose Tpglobalfx for my trading because they are trustable and secured. They help me to learn about forex trading. I can easily take my decision with the help of them. Link to comment Share on other sites More sharing options...
Pixie Pips Posted July 1, 2021 Share Posted July 1, 2021 Lossess are considered to be the stair case to success. You need to learn a lot from it, this experience could be utilized for making more money in future. Link to comment Share on other sites More sharing options...
tradesprint Posted July 9, 2021 Share Posted July 9, 2021 Many new traders losses in start however if they let go off these losses and move forward eventually become one of the successful traders of the future. Link to comment Share on other sites More sharing options...
JN789 Posted July 21, 2021 Share Posted July 21, 2021 I think that one of the most important thing is using a reasonable leverage to trade calm. Link to comment Share on other sites More sharing options...
Nalmegda Posted July 25, 2021 Share Posted July 25, 2021 Unfortunately, there is no way for a trader to get rid of losses completely. The only think that we can do is to minimize the total effect of a mistake on the whole deposit. The most important things for that are risk and money management. These are key notions for a trader to know in order not to blow the budget because of one single mistake. Risk management allows a trader to see and calculate the risks in order to make the right decision concerning this or that trade. It is dangerous and silly to trade without clear understanding of the possible outcomes. Link to comment Share on other sites More sharing options...
Resolve Posted July 26, 2021 Share Posted July 26, 2021 On 7/25/2021 at 5:57 AM, Nalmegda said: Unfortunately, there is no way for a trader to get rid of losses completely. The only think that we can do is to minimize the total effect of a mistake on the whole deposit. The most important things for that are risk and money management. These are key notions for a trader to know in order not to blow the budget because of one single mistake. Risk management allows a trader to see and calculate the risks in order to make the right decision concerning this or that trade. It is dangerous and silly to trade without clear understanding of the possible outcomes. It is a known fact that in the business of Forex Trading we will tend to get the Losses. We will need to learn how to minimize the Losses and increase the Profits from our trading Results. Link to comment Share on other sites More sharing options...
Kerazan Posted July 27, 2021 Share Posted July 27, 2021 There is always risk when trading forex, unfortunately. More than that, the more risk you take the more potential profit you have. Luckily, there are many ways of calculating and hedging the risks which every trader should be aware of. In spite of the fact that many forex newbies don't pay much attention to risk and money management, they are crucial for keeping the whole budget relatively safe from blowing it with the single deal. Link to comment Share on other sites More sharing options...
Resolve Posted August 1, 2021 Share Posted August 1, 2021 On 7/28/2021 at 2:00 AM, Kerazan said: There is always risk when trading forex, unfortunately. More than that, the more risk you take the more potential profit you have. Luckily, there are many ways of calculating and hedging the risks which every trader should be aware of. In spite of the fact that many forex newbies don't pay much attention to risk and money management, they are crucial for keeping the whole budget relatively safe from blowing it with the single deal. We must understand that if we will lower the risk in our trading than our losses will start to come down. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted November 9, 2023 Share Posted November 9, 2023 Trading expertise helps a trader minimize trading losses because an expert trader knows well how to take decision in hard and critical time. FXOpulence provides signals at times to help traders carry some profit. Link to comment Share on other sites More sharing options...
uncle gober Posted November 10, 2023 Share Posted November 10, 2023 Losses are a common part of every trade, and the same applies to forex trading. I have personally experienced it as well, but I don't easily give up. Through evaluation, I can identify and rectify my mistakes, honing my skills. This way, my trading can proceed comfortably and securely. Link to comment Share on other sites More sharing options...
maspluto Posted November 16, 2023 Share Posted November 16, 2023 Certainly, I agree with that. The more mature our trading skills become, the easier it will be to achieve profits in forex. That's why I personally continue to develop my skills regularly with Tickmill as my broker. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted September 23 Share Posted September 23 Loss in forex occurs when a trade results in a decline in value, typically due to unfavorable market movements. Factors include incorrect analysis, sudden news events, or inadequate risk management. Using stop-loss orders can help limit potential losses and protect your trading capital. I don’t face any delay in trade execution while scalping with LQDFX broker because they use advanced technology. Link to comment Share on other sites More sharing options...
maspluto Posted October 9 Share Posted October 9 The risk in forex is indeed very high, but it is comparable to the huge profits. That is why it is important to pay attention to its management and also always hone your skills so that they can develop further. This is done so that later traders can gain an understanding and can trade forex optimally at Tickmill. Link to comment Share on other sites More sharing options...
Zeologic Posted October 10 Share Posted October 10 Losses in forex trading are normal because of the dynamic market which is sometimes unpredictable, but with high discipline and a profitable trading system, accompanied by good money and risk management, we can gradually increase the probability of trading to win. Link to comment Share on other sites More sharing options...
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