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DirkNannes 19-10-2016 10:11

Success in Forex
 
Here's the thing, traders come into Forex aiming to make money super quick - but practically lets face it, due to lack of trading knowledge - by and large traders (in particular the newcomers) are left with a hefty loss, whether relative or absolute. So, according to my trading experience, it's clear that, before TRYING to earn money from this volatile trading place you gotta practice, practice and PRACTICE! Obvious yes, but how few people actually practice for the required period of time, which is DIFFERENT for different folks.

Waleed 19-10-2016 13:50

Re: success in forex
 
Yes i agree with you, we should give at least six months to learn Forex trading and practice on demo trading. Due to lack of knowledge and practice new traders suffer through losses and most of them then quit trading. So the first thing is to know success hierarchy in Forex trading and then move forward.

HockeyWain 21-10-2016 15:36

Re: success in forex
 
You need lots of knowledge and skills and experience to achieve success in Forex Trading. It would be good enough to have a Demo Practice for certain months to improve our trades.

DirkNannes 26-10-2016 10:25

Re: success in forex
 
In spite of having most powerful analyzing trade knowledge thatís not possible at all to make profit constancy without having a reliable support form a regulated trading broker which for all time dedicated to their clients by providing exclusive trading facilities with security of funds. and, real regulated trading broker does not restrict any kinds of trading techniques.

HockeyWain 29-10-2016 04:59

Re: success in forex
 
The only way to become successful in Forex Trading is through constant practice and through experience and skills.

chin100 09-04-2018 10:18

Re: success in forex
 
Having the right community, mindset and education are the keys to becoming a successful trader. The problem is, many people focus on one or two of these things, but without the third, you will have a really tough time.

BubbleGum 25-04-2018 01:44

Re: Success in Forex
 
To become a currency trader, you need to have a clear vision. What we mean by that is a good idea of possible market moves and your relevant actions.

jennyp 01-05-2018 09:54

Re: Success in Forex
 
In my opinion, the best way to success in Forex trading is to invest wisely with good strategy. Control your emotions and money management is important.

Uncle 11-05-2018 00:08

Re: Success in Forex
 
If you love scalping should choose the broker that allows trading concept such as this. as a scalper from my first day of trading I have been using a broker which always ensures best trading environment for scalping by providing lowest trading spreads from 0 pips , that’s why from here without any kinds of restrictions I am able to scalp at any major currency pair including lowest trading spreads as well as minimum margin requirements. So, for all time I feel comfortable when scalping practically.

BubbleGum 12-05-2018 01:51

Re: Success in Forex
 
In simple terms, scalping is when you enter a position looking for a small profit. This means a trader using a scalping strategy usually take a large number of trades during the day, and hold them for a short period of time.

Uncle 20-05-2018 20:51

Re: Success in Forex
 
In spite of having most powerful analyzing trade knowledge thatís 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 donít restrict any kinds of trading techniques with scalping and hedging. So, I feel comfortable when I use my strategies.

BubbleGum 07-07-2018 01:28

Re: Success in Forex
 
Before you even start a trading career, make sure you have made enough preparations. These just not mean having enough money to start an investment, but you should also be equipped with research and practice.

dangtrader 10-07-2018 12:15

Re: Success in Forex
 
Quote:

Originally Posted by BubbleGum (Post 44098)
Before you even start a trading career, make sure you have made enough preparations. These just not mean having enough money to start an investment, but you should also be equipped with research and practice.

What's your preferred research approaches? Do you rely on technical or fundamental analysis in your trading? In my view fundamentalists better explain market moves that's why I watch webinars devoted to this type of analysis to get better understanding of trading systems.


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