Mostly, the Trader's mission is to become a log term, financially successful trader.
Your success will depend on your trading plan and maintaining the discipline to trade your plan.
You must be committed to continued education and study technical analysis and the psychology of successful trading.
You must use your leverage wisely. If you are still a newbie and do not have much knowledge in the business, then low leverage is best for you. When you have experience and proper education in the business, that is the time that you can increase it to gain more revenue :)
Money is our main concern why we traders join Forex.
We love Forex because we love money that we are earning from it.
We should consider the significance of money in trading.
If we understand the value of money then we trade a lot of understanding so we have to take trading seriously and then we...
In Forex trading, emotions is the best enemy of a trader. Traders are human beings that we have to find a way of living with emotions, we must control them and minimize their effect in our lives. A good trader must be able to control his emotions especially greed.
Hi, Let's say that I have $10, can I trade using only that amount of money?
Should I possess the odds to start and also earn much funds with only this amount of money?
Can you suggest? Thank you
Wow, that is nice to hear! I am so glad that you are earning profit every month. I am also earning profit as well and I can say that Forex is a very profitable business once you have the proper knowledge, understanding, and skills in the Forex trading business. :)
Yes, I will agree to that! Meditation is always good and i think it is best to always plan your trading and not by just clicking it right away without verifying it. It is nice to know that you are following your technical and news trading knowledge. I hope we can all be successful here. Cheers! :)
Cultivating discipline and self control is necessary for the consistency and successful trading. Self control is important if we will accommodate the challenges that comes as a result of trading. This is why we must always have to make sure that we take things as serious as it can be so we can...
I think it is best to start your trading early in the morning so that your mind is fresh as well as your spirit. Your body is well prepared and your emotions are cool and you have a positive outlook in your trading career to earn bigger profits and be successful.
In my own opinion, the 1st tip - gain knowledge and experience, 2nd tip - study money management, 3rd tip - gain some experience on demo before going in to live trading and execute your trading plan there for better results. :)
Yes, I think it is okay to teach her how to trade. Every person has the right to try it and gain some knowledge in the business. You cannot say, when time comes, she may be better than you.. :)
I take this job as part time. There are many people who are taking Forex as their primary job. How about you? Do you take Forex as your main job or not?
In order to be successful in the business, we must have to gain knowledge and experience.
How useful this coaching will be? Do you think coaching can turn me into a successful Forex trader?
What do you think?
Hello Dear Traders! In any form of business, it will take a certain period to make a man stable in the business that he is going to undergo.
Learning Forex needs practice, experience, study and all information so you have to be more patient for success to win Forex trading business.
Hi, As the others are saying, you really have to start with a demo account and find a reputable broker that will help you with your trading. They will be there to guide you if you have questions. You must have a good trading plan and enhance your trading skills thru demo :)
My favorite currency pair is EUR/USD because it is my hometown's base currency and it is convenient to use and easy to trade with.
How about you?
Can you share with us your best currency pair?
If you need more information about Forex, all you have to do is to search from the internet. There are many websites that can help you gain knowledge in the business. Forums like this can also help you in your learning process.
A lot of traders commit losses even at the very beginning of their trading in Forex. They end up in quitting right away which is not right. You must be determined in order to be successful in the business. You must always say that you can do it and stay positive!
I do believe that Forex is the father of all online businesses in the world because as much as i know, it is the largest business in the world that gives money to traders who are really interested in learning about it. Forex business earning is unlimited and we are rich in Forex!
Hi, you must do a research first and find a good and reputable broker to help you in the business.. Currency trading is a very complex and it is hard to master all different kinds of financial activity that goes on in this world. I suggest for newbies, use your nation's currency pair at the...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.