Nilde Lucchese Posted December 22, 2021 Share Posted December 22, 2021 The forex market is highly liquid and many are trying to trade for more profit. It's also wise to get beginners to understand that success in Forex is not as easy as it sounds. Traders must acquire good trading knowledge while focusing on risk management. In my case, the broker Eurotrader has helped me learn everything about trading. It also gives low spreads and withdrawal fees, commission-free trading accounts, responsive customer service, and much more. Link to comment Share on other sites More sharing options...
Voshakar Posted December 22, 2021 Share Posted December 22, 2021 It is an open secret that success in every sort of activity is hard to achieve and forex trading is not an exception, unfortunately. Beginners should abandon the thoughts of coming to forex and start making profits immediately. Before you begin making profits, you need to learn a lot and acquire new skills. You will have to learn how to manage your risks and calculate them properly. You will also have to acquire the skills of combing your psychology and emotions. All of these knowledge and skills are significant for the future success, so, before you make up your mind to invest your money in forex trading, you should have a clear-cut idea of the fact that you'll have to learn a lot and keep your motivation, otherwise, you will lose all your money and nerves. Link to comment Share on other sites More sharing options...
uncle gober Posted December 23, 2021 Share Posted December 23, 2021 the funds and risks that exist must be able to be considered properly, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted December 28, 2021 Share Posted December 28, 2021 On 12/23/2021 at 7:20 AM, uncle gober said: the funds and risks that exist must be able to be considered properly, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Tickmill. If the risk that are present in our trading will come down we can generate more income. Link to comment Share on other sites More sharing options...
Matheus Schotsman Posted February 1, 2022 Share Posted February 1, 2022 The success of the forex market is the result of a combination of several aspects. Just a good trade will not guarantee anyone a money in this area. Alongside a sound strategy, it is essential to have a good risk management ability. One of the most important aspects is the psychology of trading. The psychology of a trader's trading should be compatible with the strategy of trading. I was aided by Eurotrader broker's training to further develop my financial management skills and my trading psychology. Link to comment Share on other sites More sharing options...
Golden Sark Posted February 1, 2022 Share Posted February 1, 2022 Really Forex is too much tough for the traders who are in particularly newbie. So, obviously a new trader should work hard to achieve the market easily. they should make a best strategy for themselves . they should spend most of their time in analyzing Forex market because it will increase their knowledge of analysis. They also should practice much on demo account to make their trading easy. Then they should choose a right and reputed broker for them . Link to comment Share on other sites More sharing options...
maspluto Posted February 3, 2022 Share Posted February 3, 2022 in forex it will never be instantaneous, so it is important for traders to be better and can be more leverage in getting maximum trading security and comfort like what I got from Tickmill. Link to comment Share on other sites More sharing options...
Golden Sark Posted February 3, 2022 Share Posted February 3, 2022 To be honest, I have improved my live trading performance by using trading journal with a note book! Yes, having profitable trading strategy is important but trading discipline is more important here! No one can success here without discipline and plan! I usually use off days of market to study on my live trading mistakes and errors, and of course I am hopeful about my success! Link to comment Share on other sites More sharing options...
tradesprint Posted February 3, 2022 Share Posted February 3, 2022 Trading journals can be kept by professional traders to review it occasionally and making necessary amendments after reviewing their mistakes. Link to comment Share on other sites More sharing options...
Golden Sark Posted February 4, 2022 Share Posted February 4, 2022 I have seen from many posts , maximum traders suppose choosing a right broker is very difficult task due to many scams. But I don’t think it at all, if you are an active trader and have good communication with Forex Forum , then it is very easy to make sure which is good and which is not. Because the traders we have for all time express their reviews in forum communities about their brokers performance. Link to comment Share on other sites More sharing options...
mlawson71 Posted February 4, 2022 Share Posted February 4, 2022 The scam problem in this industry is very serious, unfortunately, Financial regulators and law enforcement barely keep up. I think that is why it is so important to always use properly licensed companies to avoid scammers. Link to comment Share on other sites More sharing options...
Ronald Ray Posted February 4, 2022 Share Posted February 4, 2022 Obviously, that's true because forex is not an easy task. If you think that it is easy to make money on Forex, it depends on what your idea of difficulty is. For example, being a firefighter is a difficult job. So compared to other jobs, yes, Forex is easy in the sense that it requires minimal physical exertion. But it does require vast amounts of studying, continuous self-development as well as plenty of trial and error. What makes trading Forex so difficult is the constant trial and error. You need an incredibly thick skin to stick with it. To compare trading Forex to another career; imagine being a surgeon and only 70% of your patients survived your operations. That sounds like a very discouraging success ratio. A Forex trading strategy that closes 70% of positions on target is very successful. You need to be prepared to let go of a number of your positions. Link to comment Share on other sites More sharing options...
Resolve Posted February 5, 2022 Share Posted February 5, 2022 21 hours ago, Ronald Ray said: Obviously, that's true because forex is not an easy task. If you think that it is easy to make money on Forex, it depends on what your idea of difficulty is. For example, being a firefighter is a difficult job. So compared to other jobs, yes, Forex is easy in the sense that it requires minimal physical exertion. But it does require vast amounts of studying, continuous self-development as well as plenty of trial and error. What makes trading Forex so difficult is the constant trial and error. You need an incredibly thick skin to stick with it. To compare trading Forex to another career; imagine being a surgeon and only 70% of your patients survived your operations. That sounds like a very discouraging success ratio. A Forex trading strategy that closes 70% of positions on target is very successful. You need to be prepared to let go of a number of your positions. To be able to get the success from doing our trades we will need to use such type of trading systems that are Stable. Link to comment Share on other sites More sharing options...
topdude Posted February 5, 2022 Share Posted February 5, 2022 On 2/3/2022 at 8:53 PM, tradesprint said: Trading journals can be kept by professional traders to review it occasionally and making necessary amendments after reviewing their mistakes. Smart learn from mistakes. Stupid keep making the same mistakes. If you want to be successful at forex trading, learn from your mistakes. Link to comment Share on other sites More sharing options...
Resolve Posted February 5, 2022 Share Posted February 5, 2022 16 minutes ago, topdude said: Smart learn from mistakes. Stupid keep making the same mistakes. If you want to be successful at forex trading, learn from your mistakes. We will need to start learning from the Past mistakes and then move forward. Link to comment Share on other sites More sharing options...
pradegxs Posted February 6, 2022 Share Posted February 6, 2022 the funds and risks that exist must be able to be considered properly, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Hotforex Link to comment Share on other sites More sharing options...
Golden Sark Posted February 8, 2022 Share Posted February 8, 2022 One good trick to do successful trading is what we do practice do with management. We should set a target and try to get it with plan . even small risks can help you to find your target. You can make small success that will turn to a big one. Link to comment Share on other sites More sharing options...
maspluto Posted February 9, 2022 Share Posted February 9, 2022 achieving success in forex is not an easy matter, so it is important for traders to be better and be able to get more leverage in getting the security and comfort of trading while on a real account with Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted February 12, 2022 Share Posted February 12, 2022 On 2/9/2022 at 7:46 AM, maspluto said: achieving success in forex is not an easy matter, so it is important for traders to be better and be able to get more leverage in getting the security and comfort of trading while on a real account with Tickmill. I can say for sure that if we are looking to become a successful trader we will need to start doing the Hard work. Link to comment Share on other sites More sharing options...
tradesprint Posted February 14, 2022 Share Posted February 14, 2022 On 2/5/2022 at 9:35 PM, topdude said: Smart learn from mistakes. Stupid keep making the same mistakes. If you want to be successful at forex trading, learn from your mistakes. Also the stupid leave the market ending up their entire balances in my opinion. Link to comment Share on other sites More sharing options...
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