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A Consistent Methodology


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One very vital steps in trading is this; before you enter any market as a trader, you need to know how you will make decisions to execute your trades. You must understand what information you will need to make the appropriate decision on entering or exiting a trade. Whether you use fundamental or technical analysis, define a working and consistent plan.

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Honestly , after passing a long time I still depend on demo trading , first of all I use all my trading strategies in demo account to see the performance how it works. This trading approach always helps me for avoiding risk when live trading practically.       
 

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demo accounts and educational programs that exist must be able to be considered properly, this is done so that traders can become better and can be maximized in getting maximum trading security and comfort like what I got from Tickmill.

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It would be great if we get a wide range of trading facilities from our brokers as like superior execution for trading , security of funds at any kinds of deposits , lowest trading spreads for using any kinds of trading techniques , high leverage , minimum margin requirements, low transaction cost , easy withdrawal system and much more that are very supportive to lead a comfortable trading life with certainly.  
 

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In spite of having most powerful analyzing trade knowledge that’s not possible at all to lead a profitable trading life with certainly without having a reliable support from a credible trading broker, as the result of our trading the broker can affect with certainly, now I am with LQDFX which until the end of time ensures a wide range of trading technologies including security of funds at any kinds of investments.   And they don’t restrict any kinds of trading techniques with scalping and hedging. So, I feel comfortable when I use my strategies.   
 

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I think having proper knowledge and understanding of the forex market is most important. Developing or adopting a good strategy is possible only when you know how the forex market works. An efficient risk management plan is also crucial to minimise losses. In forex, learning comes before earning. Those who are willing to learn and stay consistent will surely be winners in the long run.

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On 5/30/2022 at 10:42 AM, Pharos said:

I think having proper knowledge and understanding of the forex market is most important. Developing or adopting a good strategy is possible only when you know how the forex market works. An efficient risk management plan is also crucial to minimise losses. In forex, learning comes before earning. Those who are willing to learn and stay consistent will surely be winners in the long run.

We will need to use proper planning so that the income is stable for us.

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  • 3 weeks later...
On 6/17/2022 at 8:10 AM, maspluto said:

the trading plan must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from tickmill.

We will have to make use of such kind of trading based plan that is more profitable for us.

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A major mistake done by traders is that they obtain knowledge from different sources but don’t examine whether their obtained knowledge is right or wrong. Every broker allows traders with a demo account for the assistance of practicing. Eurotrader offers free educational program and a demo trading account.

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