Nilde Lucchese Posted July 3, 2021 Share Posted July 3, 2021 Traders need to have proper knowledge, experience, and capital. To make profit traders have to be a really strong traders. If traders take too much risk, they will lose a lot of money. So, risk management is essential in forex trading. After all, it is a risky market to trade. That’s why I am taking the free educational course from my broker Eurotrader to minimize my risk in trading. Link to comment Share on other sites More sharing options...
Jo Eshuijs Posted July 3, 2021 Share Posted July 3, 2021 A trader has to be discipline for trading. This is one of the most important trading wisdoms that trader should master. Lack of discipline leads to trading mistakes. If you make a lot of mistakes and loss, recovering from that loss is quite impossible. My broker Forex4you provide me all the essential tips to make me discipline in trading. I also always exercise discipline for trading. Link to comment Share on other sites More sharing options...
David Max Posted July 4, 2021 Share Posted July 4, 2021 Risk in the forex market is a common issue. If there's a risk then that doesn't mean you can't trade anymore in the forex market. You have to learn from that risk. If you can learn from risk then you can earn a lot of money from the forex market. I always try to learn from risk. My broker Tpglobalfx helps me a lot. They never make disappointment to their client. They are very supportive. I would easily suggest this broker if anyone looking for A reliable one. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted July 4, 2021 Share Posted July 4, 2021 These 3 issues are very important. These things must be maintained if I want to trade. If I can never develop a strategy, I can never make a profit. And I have to trade with patience. If I can never work by maintaining discipline, I will never be able to make a consistent profit by trading. Link to comment Share on other sites More sharing options...
Resolve Posted October 12, 2021 Share Posted October 12, 2021 On 7/4/2021 at 7:39 PM, Hanan Öberg said: These 3 issues are very important. These things must be maintained if I want to trade. If I can never develop a strategy, I can never make a profit. And I have to trade with patience. If I can never work by maintaining discipline, I will never be able to make a consistent profit by trading. We must use a Trading System that is more Profitable for us. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted January 9 Share Posted January 9 Increased profitability always motivates traders. Motivated traders find more interest in market analysis. Keep your risk down by lowering the size of leverage in day trading. As it’s a type of swing trading, it can cause you a massive loss. FXOpulence, indices broker more than a Forex broker, offers high leverage and narrow trading spread to traders. Link to comment Share on other sites More sharing options...
uncle gober Posted January 10 Share Posted January 10 To increase profits is not an easy task, where traders should always balance their skills and management effectively. Consistent development is also essential, so that in the future, it can result in consistent profits with Tickmill as the broker. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted September 17 Author Share Posted September 17 Before trading forex, consider your risk tolerance, trading goals, knowledge of the market, capital availability, and understanding of leverage and margin requirements. Research brokers' reputations, trading platforms, and fees. Develop a trading plan with clear entry and exit strategies, and practice with a demo account first. Presently, I am trading forex with the LQDFX broker with their 100% deposit bonus. They offer 1:1000 highest leverage to traders and multiple types of trading accounts. Link to comment Share on other sites More sharing options...
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