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Slaymind

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Posts posted by Slaymind


  1. On 10/31/2019 at 10:04 PM, kobi said:

    Trading is full of decision making which presents us continuously with the opportunity to make mistakes, I don't think there exist any trader who has not made any mistake in one way or the other, but then, mistakes made in trading could be very expensive, they can cost you alot maybe  from few hundred bucks to thousands, in the mist of the mistakes comes a choice, the choice of turning those mistakes into a lesson learned, the former profits you nothing but the later can bring back millionszz... Stay positive...

    Making mistake while trading is good because you can learn many lessons from the mistake you make and you can gain experience from your mistakes.


  2. On 1/23/2020 at 2:36 PM, Jone20 said:

     

    Some beginner traders started trading without getting enough knowledge about the currency pair they chose and how currencies are affected by events and how to plan in order to benefit from the price movement. You should monitor price movements in the market and determine trading patterns before risking your capital,
    The trading strategy should include the following:
    • Planning the trading process
    • Determine the time of day that you plan to enter into a deal
    Technical indicators that you intend to use
    The buy / sell indicators you intend to use
    • The risks and returns expected in each transaction
    • Establish a daily limit to stop trading to protect total capital
     The most successful traders do not think of profits while trading. Rather, experienced traders focus on the trading process rather than worrying about the amount they can earn or lose in a deal.

    I agree to your points and if one can follow these steps.he can easily achieve success in trading and can reach his goal by using these strategies.

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