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Type: Posts; User: maby81

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  1. Replies
    5
    Views
    4,927

    Couldn't agree more and i think one of the main...

    Couldn't agree more and i think one of the main reasons for failing and ending up giving up on trading is that too many are tracked away with gaining as much as they can as quickly as they can - and...
  2. Replies
    8
    Views
    4,689

    I think the best weapons are: knowledge,...

    I think the best weapons are: knowledge, analysis, risk management, a good strategy and a willingness to keep track of what you did so as to improve by time. You cannot feel too sure of yourself just...
  3. Replies
    10
    Views
    19,355

    It is always better to opt for a broker who is...

    It is always better to opt for a broker who is regulated as you will be safer. A regulated broker is more trustworthy and reliable.
  4. Replies
    15
    Views
    6,251

    The more time you get to devote to trading can...

    The more time you get to devote to trading can mean that you are able to carry out more analyses, and as a result might be better able to discern better decisions to be made. So to a certain extent...
  5. Replies
    44
    Views
    213,634

    There are several different strategies one can...

    There are several different strategies one can use as you also collaborated. The key is to establish which seems to be most suitable for you and you can then apply it and consider whether it is...
  6. Replies
    22
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    90,900

    Forex signals are useful and they could be...

    Forex signals are useful and they could be helpful but you cannot quite rely solely on them. You need to set a strategy and consider various otehr factors as well.
  7. Replies
    12
    Views
    8,521

    I fully agree with what you said there. Sadly...

    I fully agree with what you said there. Sadly many traders who are just starting out have this wrong image of how a forex trader who is really successful looks. True, there are some success stories,...
  8. Replies
    22
    Views
    86,685

    The market rules - but you need to be in a...

    The market rules - but you need to be in a position to understand what is going on so as to react and act properly, in the best possible way at the right time.
  9. Replies
    5
    Views
    4,764

    Very well put - these are very common...

    Very well put - these are very common misconceptions, especially the fact that there are two kinds of tendencies: either they think it is really easy, or else they think it is really hard and you...
  10. I suggest you focus first on making a profit,...

    I suggest you focus first on making a profit, rather than to make it quickly. Otherwise you might be too quick in your judgements. and it is better to be careful and analyse the market and other...
  11. The points you mentioned can indeed be eye...

    The points you mentioned can indeed be eye openers and should be kept at the back of one's mind as they can greatly affect trading decisions. Such news are important as they will have an effect on...
  12. Replies
    10
    Views
    10,625

    Thanks for sharing however it would be nice to...

    Thanks for sharing however it would be nice to add some more indicators as there are several others such as tick volume, Volume-Weighted Average Price, On-Balance-Volume, and Money Flow Index, Moving...
  13. Replies
    19
    Views
    13,935

    Automated trading has its pros and cons. I came...

    Automated trading has its pros and cons. I came across this robot and it looks interesting - https://fxmerge.com/strategies-results/51/ea-profiter .
    Is anyone else using it? As I was considering...
  14. Replies
    13
    Views
    71,577

    I started off with a small amount, just $100. I...

    I started off with a small amount, just $100. I wanted to take it slowly at first and so I did not worry taht much about the possibility of losing as it was not a significant amount. I spent time on...
  15. Replies
    12
    Views
    26,518

    Good points. I think that it is very important to...

    Good points. I think that it is very important to primarily check out the broker's reputation as well as background. You need to devote some time checking this up as there are many brokers on the...
  16. Replies
    147
    Views
    162,911

    I agree that MT4 is very good. I use it myself...

    I agree that MT4 is very good. I use it myself and when I tried to try out MT5 it did not feel as good for me as MT4, so I went back to using MT4. It is user friendly and the tools are good.
  17. Replies
    14
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    22,495

    The economic environment, any major issues in the...

    The economic environment, any major issues in the economy, or political effects that could pose an impact. The GDP also matters. Basically tehre are many factors that can have an impact on the...
  18. Replies
    12
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    6,959

    I believe you can gain trading knowledge in a...

    I believe you can gain trading knowledge in a variety of ways. As correctly mentioned it is all based online and so you can find plenty of resources online. The mroe you search and read and research...
  19. Replies
    10
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    5,709

    I suggest spending some time checking out posts...

    I suggest spending some time checking out posts on forums as well as videos as they can offer great insight from fellow traders who have been through it too. There are some good ebooks too. Start...
  20. Avoid rushing through it as you are more likely...

    Avoid rushing through it as you are more likely to make irrational decisions that would lead to losses. I prefer to aim at small profits, earned consistently, rather than a single good return and...
  21. Replies
    3
    Views
    4,422

    The market is growing because it offers various...

    The market is growing because it offers various advantages. It is open 24/7, accessible easily and there are no exorbitant fees to see to. It is something anyone can try doing, and you can start with...
  22. Replies
    15
    Views
    16,133

    Both are of utmost importance, no doubt about it....

    Both are of utmost importance, no doubt about it. You will need to have a good idea of the way you will be handling your capital in trading, as well as how much risk you are willing to take. You can...
  23. Replies
    9
    Views
    10,066

    I believe that the msot important thing is to be...

    I believe that the msot important thing is to be wiling to learn, and never ever consider yourself as an expert. Learning should never stop and your willingness to learn can make or break your...
  24. Replies
    20
    Views
    99,003

    Who isn't afraid of losing? Nobody for sure. We...

    Who isn't afraid of losing? Nobody for sure. We are all aware that there is a risk of losing money, the only difference is that we all handle risks and fear of such risks to different levels. Besides...
  25. Replies
    4
    Views
    6,299

    The EUR/USD is a favorite. So is USD/CHF and...

    The EUR/USD is a favorite. So is USD/CHF and USD/CAD.
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