Brendan Hill Posted November 23, 2019 Share Posted November 23, 2019 More money can bring more profit. But for this trader need to take more risk. While trader are investing a big amount of profit they have to maintain the proper risk management. Especially when a trader is taking high volume leverage facility from their broker. Basically, leverage is borrowing money from their broker. Risk management and money management help a trader to maintain minimum risk in their business. Because finally, the trader needs to pay the full amount of money. 1 Link to comment Share on other sites More sharing options...
uncle gober Posted December 2, 2019 Share Posted December 2, 2019 do not forget to be able to conduct periodic evaluations, this is needed so that traders can have a good trading system, traders can use a demo account to be able to evaluate the existing trading system. Link to comment Share on other sites More sharing options...
Lilly Hardson Posted December 3, 2019 Share Posted December 3, 2019 Proper security of funds is very necessary for successful Forex trading. And a professional trader will always find for a secured trading platform. By understanding the importance of security of funds has taken ForexOne Company that is much secured ad experienced broker. They have higher security of client funds and investment. They also hire third party supervisor who protect their clients funds all the time. I feel very comfortable with them. Link to comment Share on other sites More sharing options...
Jo Eshuijs Posted December 4, 2019 Share Posted December 4, 2019 Now a day scalping is the most profitable trading strategy in Forex market to the new traders especially. Because it brings money easily in a short time. The investors who are willing to invest small amount of money as capital scalping is best for them. I have chosen Forex4you broker for doing this profitable trading strategy because they give the lowest trading spread from 0 pips, smart bridge technology, wide range of deposit bonus etc. Link to comment Share on other sites More sharing options...
David Meyers Posted August 23, 2023 Share Posted August 23, 2023 FXOpulence is a reliable trading boker for all types of traders whether it is scalper or hedger. They use advanced technology to serve traders with a reliable trading interface. They charge relatively narrow trading spread compared to other brokers. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted February 12 Share Posted February 12 Forex is a money-making business if traded by maintaining proper risk management policy. But try to trade in low spread-consuming pairs so that your return becomes bigger. Spread refers to the difference between ask and bid price. Simply it’s a commission taken by brokers for each trade opened. FXOpulence allows traders with the tightest trading spread and high leverage 1:500. I trade in their well-enriched crypto500 and Indices1000 pairs with tighter trading spread. Link to comment Share on other sites More sharing options...
maspluto Posted February 13 Share Posted February 13 Forex trading is not an easy and instant trade; everything requires a process and time. That's why I am still learning about forex, so that I can gain understanding and be ready to trade with maximum efficiency with Tickmill broker in the future. Link to comment Share on other sites More sharing options...
Fin_Trader Posted March 2 Share Posted March 2 I think there is no need to chase big money. Big profits also mean big risks of losing your starting deposit. Therefore, in order to earn consistently, risks in trading need to be controlled. Otherwise, just one unsuccessful trade can help you lose your deposit. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted March 2 Share Posted March 2 If a trader wants to make a portfolio with a regulated FXOpulence will be the perfect choice for him because the broker allows traders with fiats, crypto and synthetic indices trading opportunities with narrow spread, 1:500 leverage and multiple types of accounts. Link to comment Share on other sites More sharing options...
maspluto Posted March 4 Share Posted March 4 Indeed, when choosing a broker, it is crucial to have clear regulations. This ensures the trader's capital is safe and allows for a comfortable trading experience. This is something I have personally experienced since joining Tickmill. Link to comment Share on other sites More sharing options...
Fin_Trader Posted April 22 Share Posted April 22 I believe that you can earn more money only with a larger deposit, since you always need to control risks and not try to quickly disperse a small deposit. For gradual growth of the deposit, it is better not to withdraw profits at first, thus allowing your deposit to grow. And later, with its increased size, it will be possible to earn more. Link to comment Share on other sites More sharing options...
uncle gober Posted April 23 Share Posted April 23 Fund management and risk management are extremely crucial. That's why I always manage risks properly. While trading with Tickmill, I always implement stop-loss and take-profit strategies, ensuring comfortable and safe trading. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted April 23 Share Posted April 23 Greed inspires traders to take more risk in trading that end up with a massive loss. Bring up sufficient passion for trading because once the passion is lost, you will be thrown out of the track. If you have high interest for Forex trading, drive it to the right direction. Link to comment Share on other sites More sharing options...
skrimon Posted April 23 Share Posted April 23 Absolutely! The higher the potential reward, the higher the potential risk - that's the forex tango! Leverage can be a great tool, but using it wisely is key. Solid risk management is essential, especially with leverage. Setting clear stop-loss orders and managing position size are crucial for minimizing risk. Remember, consistent, calculated trades add up over time. Link to comment Share on other sites More sharing options...
Bhyte8bit Posted April 25 Share Posted April 25 (edited) Absolutely, more money can mean more profit, but it also means more risk. It's crucial for traders to manage their risk effectively, especially when using leverage. Leverage can amplify both gains and losses, so having a solid risk management strategy is key. I recently tried out some win real cash app games, and they were a blast. They're a fun way to potentially make some extra cash, but like trading, it's important to manage your risk. It's all about finding the right balance between risk and reward. Edited May 8 by Bhyte8bit Link to comment Share on other sites More sharing options...
uncle gober Posted April 26 Share Posted April 26 That's why once we enter the forex market, it's best to be disciplined and serious about it. Also, don't forget to always apply stop loss and take profit, so that trading can be comfortable and safe in the future. This is also something I always implement on Tickmill. Link to comment Share on other sites More sharing options...
skrimon Posted April 26 Share Posted April 26 13 hours ago, Bhyte8bit said: Absolutely, more money can mean more profit, but it also means more risk. It's crucial for traders to manage their risk effectively, especially when using leverage. Leverage can amplify both gains and losses, so having a solid risk management strategy is key. Spot on! Leverage can be a double-edged sword. Do you think there are certain risk management techniques, like fixed vs. trailing stop-loss orders, that are more appropriate for leveraged trading in forex? Link to comment Share on other sites More sharing options...
Hanan Öberg Posted April 27 Share Posted April 27 Increasing profits in Forex requires disciplined risk management, strategic entry and exit points, and continuous learning. Trade with a clear plan, avoid over-leveraging, and diversify your portfolio. Stay updated on market news and trends, and consider seeking advice from experienced traders or mentors. Link to comment Share on other sites More sharing options...
maspluto Posted April 29 Share Posted April 29 To increase profits in forex, it indeed needs to be balanced with skills and management. As everything progresses, profits can also grow along with Tickmill broker. Link to comment Share on other sites More sharing options...
Fin_Trader Posted June 10 Share Posted June 10 When we choose a company to trade, we also take risks. And such a choice must be taken seriously. After all, the safety of our capital and the profitability of our transactions depend on this due to the size of the spread or commissions. Therefore, I chose FXOpen, which provides me with the opportunity to trade with favorable trading conditions, instant execution and timely withdrawal of profits. Link to comment Share on other sites More sharing options...
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