Jump to content

Being profitable


John Vaughan

Recommended Posts

It's extremely hard to be profitable in Forex. It may look simple from outside yet the person who do it knows all the weight and inconvenience that he gets in for doing it productively. I am fortunate that despite the fact that I had no related knowledge or learning I was as yet ready to pull off everything with XeroMarkets on the grounds that they have astounding instruction program that I take after and results are quite recently mind blowing. They also do not have any hidden charges. 

Link to comment
Share on other sites

In Forex market it very hard to be profitable. Traders most of the think trading in Forex market is very easy and it is the common mistakes by every beginner. Basically, each the trader should learn properly before starting Forex trading. ForexOne is one of the well- reputed brokers in Forex industry for providing various interesting and simple learning programs. As a trader I start learning from their free video tutorials.

Link to comment
Share on other sites

  • 3 years later...

To be profitable, we have to focus on technical sites. Technical analysis plays a vital role in trading. Use of technical tools is needed to capture the market movement flow.  Eurotrader provides all technical tools to traders for better market analysis. They ensure a good trading environment for trading. The broker allows traders with flexible amount of leverage.

Link to comment
Share on other sites

  • 1 month later...

There are so many things that traders have to learn and understand in forex. That's why they should continue to study every aspect of it. By doing so, they can gain a better understanding and maximize their trading experience with Tickmill broker.
 

Link to comment
Share on other sites

  • 4 months later...

To be profitable, try to avoid common mistakes. Common mistakes like over-trading, revenge trading, copy trading mistakes should be deducted by traders. When you are confused about a market forecast, stop trading based on the forecast. And make sure whether it is uptrend or downtrend. FXOpulence provides signals on and off so their traders can generate profit on the market.

Link to comment
Share on other sites

Every trader surely experiences mistakes, and I've experienced them myself as well. However, I don't easily give up; instead, I conduct evaluations. This way, I can rectify mistakes and enhance my skills, allowing my trading to reach its maximum potential at Tickmill.

Link to comment
Share on other sites

  • 4 weeks later...
  • 4 months later...
  • 2 weeks later...

To be profitable, you need to trade only systematically. You must have a trading strategy with specific rules for finding profitable market entries. And you definitely need to close unprofitable trades on time, preventing losses from growing; for this I use SL in my trading.

Link to comment
Share on other sites

20 hours ago, Fin_Trader said:

To be profitable, you need to trade only systematically. You must have a trading strategy with specific rules for finding profitable market entries. And you definitely need to close unprofitable trades on time, preventing losses from growing; for this I use SL in my trading.

Absolutely, a systematic approach with clear entry and exit rules is crucial for consistent profitability. Utilizing stop-loss orders is a commendable risk management practice to mitigate potential losses and protect your capital.

  • Like 1
Link to comment
Share on other sites

  • 2 weeks later...

That's why I consistently develop everything and always implement stop-loss and take-profit orders. This is done to ensure comfortable and safe forex trading with Tickmill as the broker.
 

Link to comment
Share on other sites

  • 1 month later...

A broker can also influence profitability and trading results by providing better trading conditions. When trading with FXOpen, I do not worry about the safety of my deposit and trade with favorable conditions, minimal spreads and instant order execution. This is very important when day trading.

Link to comment
Share on other sites

Being profitable isn’t as easy as we think it is to be. Strong strategy should be followed to gain from the market. Risk management helps a trader stay disciplined in trading and keep the risk lower as much as possible. This practice is absent in us nowadays as a result we can hardly maintain minimum profit in Forex. LQDFX’s moderate leverage facility, low spread, flexible margin level helps me maintain risk management policy.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...