Forex trading compromises

Lilly Hardson · February 25, 2020

To be a successful Forex trader you need to compromise with several things such as – emotion, greed, overconfidence and many others. You also need to trade with full discipline in this market because it is the professional platform. As a Forex trader I start with ForexOne the largest and friendly trading broker who has always been very helpful to their clients so that the trader can control their emotion, develop their confidence and can control their greed.

Jo Eshuijs · February 26, 2020

For earning good amount of money it is necessary that we trade with the regulated and supportive broker. The broker support is hardly essential for successful Forex trading. People are trading at Forex market for earning good money. Forex4you is the nice trading broker that allows high trading leverage 1:1000, narrow spread from 0 pips, and fast trade execution service, wide range of trading bonus, low margin and low commission and easy withdraw to all f their clients.

mlawson71 · February 26, 2020

EU traders sadly don't have a choice when it comes to leverage, the pan-EU regulator ESMA lowered it to 1:30 for everyone some time ago.

Ross Edwards · February 27, 2020

One of the most important forex strategy is to think with your mind not with your heart. Emotion can put you in danger in forex market. Another strategy is to pick up a broker which gives a lot facilities in the trading. I use TP Global FX for their low spreads, dynamic leverage and quick customer service. They provide tight spreads starts from 0.01 pips. Their maximum leverage is 1:500. They give me 24X5 customer service. So, in my trading career they play an important role.

mlawson71 · February 28, 2020

Thank you for the detailed information.

uncle gober · April 22, 2020

traders can also use the demo account and educational programs provided by Tickmill to improve their skills, profits, and experience to be better and to be even more optimal than before.

Nancy parez · April 22, 2020

On 2/25/2020 at 5:06 PM, Lilly Hardson said:

To be a successful Forex trader you need to compromise with several things such as – emotion, greed, overconfidence and many others. You also need to trade with full discipline in this market because it is the professional platform. As a Forex trader I start with ForexOne the largest and friendly trading broker who has always been very helpful to their clients so that the trader can control their emotion, develop their confidence and can control their greed.

Hi,

Good advice, yes you are right, for will be a successful trader we need to control many things. You need more patients for gain success. Forex trading is not a quick invest quick earn business. You need to patients after investment. When price going down then we need to buy and wait, again when price going up then we need to sell. But some traders wait more and more for high prices sell. For this, sometimes they suffer lose. So, don't be greed in forex trading. First start earn small then slowly you will can earn big amount.

Thank you...

mlawson71 · April 22, 2020

The person who taught me to trade told me that forex is not a sprint, it's a marathon. One needs to have patience and endurance to win.

maspluto · April 24, 2020

there is a level of patience that must be able to be considered properly, this is needed and needed so that traders can become better and get more leverage in getting the security and comfort of trading with Tickmill.