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Thread: loser

  1. #1
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    loser

    The beginners took this market place always as like a casino. And without passing a long time they always try to make profit very rapidly , as a result almost 90% traders are loser from here in particularly the beginners. So it is more appropriate , if the beginners emphasis on learning process before earning.


  2. #2
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    Losing is the part of Forex trading but we can minimize the risk of loss with great strategy and plan and you should know how to trade. Learning is very important and you can make lot of money with fOrex if you have skills and knowldge about Forex.

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  3. #3
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    Besides skills, practice is necessary. So that's why you have to use demo-accounts


  4. The Following User Says Thank You to DanChart For This Useful Post:

    LeeShepard (02-09-2018)

  5. #4
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    Every newbie is having a dream of earning big money from Forex so that he can live life easy and simple. But the real trading is different and not everyone can do it easily.


  6. #5
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    Nowadays the Forex market has become one of the most in-demand markets for investors, money managers and those who want to increase their income. However, it takes a lot of experience, time and risk management to become a professional trader and avoid losing money. As I see it, basics of forex market a good broker with acceptable spread and wise leverage will work fine, but what’s really important is your trading style!

    First of all, if you are going to be a trader you must control your feelings, your behavior, your reaction to the market, and to any loss you confront; it’s a psychological game that you should be aware of and ready for, otherwise you will lose your money sooner or later from being so greedy or being so hesitant. So remember, always stop yourself from falling prey to your emotions, balance is the key.

    Secondly, the charts you see of any pairs is like someone who is talking to you but highly intelligent and sometimes unpredictable so you need to learn his language correctly so as to react to his actions. This is in essence the Forex Market. It takes a lot of effort to understand each pair’s personality, in addition to its nature and to control your own desires and nature.


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    Proper money management techniques are an integral part of successful trading. Trade what you see, not what you think! Forex is a risky business and loosing is the part of the risk.


  8. #7
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    Of course, first we need to learn, then we will earn.
    rhyme


  9. #8
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    By and large traders in particularly the newcomers fall a great loss by taking high leverage due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. in my trading career , for avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:500 that always ensures my trading broker LQDFX. But in my demo trading I took high leverage to see the performance how it works.


  10. #9
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    No doubt that there are many newbies who are actually losing money in this field but they can improve their self with learning the basic so that they can save their money.


  11. #10
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    If you depend on lowest trading spreads, I would suggest you LQDFX which for all time make sure lowest trading spreads from 0 pips which is very supportive to lead a profitable trading life with certainly by using any kinds of trading strategies with scalping approach that brings profit very rapidly.


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