Nilde Lucchese Posted August 1, 2021 Report Share Posted August 1, 2021 Money management is the most important part to earn money from the forex market. You can’t earn money if your money management system is not good enough. Every broker should provide a good money management system. If a trader gets a reliable broker and a good money management system then he/she can earn a lot of money. I trade with Eurotrader. They are very reliable. They are one of the best brokers I have ever worked with. Link to comment Share on other sites More sharing options...
Resolve Posted August 1, 2021 Report Share Posted August 1, 2021 5 hours ago, Nilde Lucchese said: Money management is the most important part to earn money from the forex market. You can’t earn money if your money management system is not good enough. Every broker should provide a good money management system. If a trader gets a reliable broker and a good money management system then he/she can earn a lot of money. I trade with Eurotrader. They are very reliable. They are one of the best brokers I have ever worked with. We will need to manage our trading funds in the most effective way because when we will be able to understand money management our income will start to grow. Link to comment Share on other sites More sharing options...
David Meyers Posted August 7, 2021 Report Share Posted August 7, 2021 Trades need a good trading platform to trade. MT4 is specifically designed for Forex trading and MT5 is designed for non-FX products. However, many traders prefer the MT4 trading platform to the MT5. My broker Eurotrader offers both trading platforms with over 100 indicators. Link to comment Share on other sites More sharing options...
Jo Eshuijs Posted August 8, 2021 Report Share Posted August 8, 2021 Everyone trades in the market for making profit. But it is not easy to make profit. Forex market is like a puzzle game. You have to make proper decision in proper time. It is quite difficult to take quick decision without the help of any broker. Making profit is mainly depend on the spreads and leverage and the ability of taking quick and appropriate decisions. I always trade with Forex4you. Because they provide low spreads starting from 0.1 pips and give a dynamic leverage at maximum of 1:1000. It helps me to ensure my profit easily. Link to comment Share on other sites More sharing options...
uncle gober Posted August 9, 2021 Report Share Posted August 9, 2021 the use of existing leverage must be calculated properly, this is done so that traders can become better and can be more leverage in managing existing funds and risks properly. Link to comment Share on other sites More sharing options...
Resolve Posted August 12, 2021 Report Share Posted August 12, 2021 On 8/9/2021 at 10:23 AM, uncle gober said: the use of existing leverage must be calculated properly, this is done so that traders can become better and can be more leverage in managing existing funds and risks properly. We will need to make use of the Proper Money Management Skills. Link to comment Share on other sites More sharing options...
Lagos Posted August 18, 2021 Report Share Posted August 18, 2021 you can't make money consistently if you have money management skills Link to comment Share on other sites More sharing options...
uncle gober Posted August 19, 2021 Report Share Posted August 19, 2021 the funds and risks that exist must be able to be managed properly, this is useful so that traders can become better and can be more leverage in surviving in order to become a trader of the month with Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted August 30, 2021 Report Share Posted August 30, 2021 On 8/19/2021 at 8:55 AM, uncle gober said: the funds and risks that exist must be able to be managed properly, this is useful so that traders can become better and can be more leverage in surviving in order to become a trader of the month with Tickmill. The risks that are present in our trades need to be brought down by us within time. Link to comment Share on other sites More sharing options...
uncle gober Posted August 31, 2021 Report Share Posted August 31, 2021 existing funds and risks must be managed properly, this is done so that traders can become better and can get more leverage in getting the security and comfort of trading while on a real Tickmill account. Link to comment Share on other sites More sharing options...
David Max Posted August 31, 2021 Report Share Posted August 31, 2021 Forex is a very risky market in my opinion. You may lose a lot of money within a couple of secs if you don’t know what you are doing. Always trade with extreme caution. Don’t invest all your saving at once. Start trading with small capital. I also started trading with only $50 in Tpglobalfx. Most of the brokers in the market allow a minimum $100 or $200 deposit. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted November 1, 2023 Author Report Share Posted November 1, 2023 Forex offers several opportunities and if you have knowledge, you can’t make the best use of them. FXOpulence offer narrow trading spread and high leverage so traders can gain more profit. Link to comment Share on other sites More sharing options...
maspluto Posted November 3, 2023 Report Share Posted November 3, 2023 Forex trading does indeed provide significant opportunities for profit. However, it's important to note that there are also very high risks involved. This awareness is crucial to trade more strategically and be profitable with Tickmill broker. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted January 31 Report Share Posted January 31 A trader’s trading plan should include money management because without proper money management, a trader’s trading will descend into chaos. To make a strong and cogent plan, a trader needs to analyze the market technically and fundamentally. FXOpulence ensures all necessary support to traders including more than 400 technical tools. Link to comment Share on other sites More sharing options...
uncle gober Posted February 1 Report Share Posted February 1 There are many aspects to consider in forex trading. In addition to having proper management, traders must also possess understanding, analytical skills, and thorough planning. By having all these elements in place, trading can be more focused and directed, especially when partnering with Tickmill as a broker. Link to comment Share on other sites More sharing options...
Fin_Trader Posted March 27 Report Share Posted March 27 There are always risks in trading. But any trader has the opportunity to minimize them, and will not chase big and quick profits without controlling risks. You can minimize risks by trading with low leverage, small lots in transactions and using stop losses in transactions. There are also risks associated with choosing a broker. The broker must be reliable. I chose Fxopen for myself. This is the only way to earn profit and not lose deposits. Link to comment Share on other sites More sharing options...
maspluto Posted March 28 Report Share Posted March 28 The management of funds and risks must be carefully considered. By being able to manage funds and risks properly, traders will be able to conduct forex trading comfortably and safely with Tickmill broker in the future. Link to comment Share on other sites More sharing options...
Hics1966 Posted March 28 Report Share Posted March 28 Money management is the cornerstone of success in forex trading. It involves prudent allocation of capital to minimize risk and maximize potential returns. Effective money management encompasses various strategies such as setting stop-loss orders, limiting position sizes, and diversifying investments. By preserving capital during losing streaks, traders can withstand market fluctuations and avoid catastrophic losses. Additionally, employing risk-reward ratios ensures that potential profits outweigh potential losses, enhancing overall profitability. Successful forex traders prioritize capital preservation over chasing unrealistic gains, understanding that disciplined money management is the foundation upon which sustainable trading success is built. Link to comment Share on other sites More sharing options...
uncle gober Posted April 1 Report Share Posted April 1 Considering that forex trading carries a very high risk, I continuously strive to develop my understanding, management, and skills. This way, I can effectively manage risks and trade more purposefully on a real account with Tickmill broker. Link to comment Share on other sites More sharing options...
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