Best tips and tricks

Discussion in 'Forex' started by Coner1980, Apr 20, 2022.

  1. there is no best trading tips in there above all when market moves at random and never follows any trend.
     
    #21     May 19, 2022
  2. common speech but true fact. LOL
     
    #22     May 20, 2022
  3. The best tip I can suggest is to not trade with the money you can’t afford to lose.
    And, there is no trick, just follow your trading plan. If something goes wrong while trading, close the position.
     
    #23     May 31, 2022
  4. loss is really a common thing that we the traders cant avoid after having most powerful analyzing trade knowledge. so we the traders should take losses easily.
     
    #24     Jun 1, 2022
  5. from last couple of news trading , i did really a huge losses. now trying to recover.
     
    #25     Jun 2, 2022
  6. I would say, “never stop learning.” Forex demands constant learning and updated skills. Give time to analyse the market, from time to time. Do not assume anything. Trade with facts, not with a money-making mindset.
     
    #26     Jun 13, 2022
  7. kroxobor

    kroxobor

    It's easy to get careless about your deposit if you think of it as the money you can afford to lose and start to make trading decisions that lack rigorous justification or reason. Instead I suggest to take trading as a business in a high-competitive field with its costs, uncertainty, risks, etc. and refer losing trades to that part of the business.
     
    #27     Jun 13, 2022
  8. Mytacism

    Mytacism

    Never expect anything from the forex market. The market is used to shatter dreams and take traders’ careers in the opposite direction. Get your risk management strategy ready so that you can find a place to stand even if you can’t move ahead in the market.
     
    #28     Jun 14, 2022
  9. sometimes risk management works to fail because market moves at random and sometimes never follows at any trend.
     
    #29     Jun 14, 2022
  10. Tips to be followed while trading in forex are :

    • Sticking to a plan

    • Copy trading

    • Keep it slow and steady

    • Maintain a trading journal
     
    #30     Jun 15, 2022