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Forex General Discussion General discussion of forex trading. Any common discussion related of forex could be find here except of Forex systems.

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  #1  
Old 03-12-2018, 10:04 PM
Luke Hansen Luke Hansen is offline
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Default canít close the eyes

I can easily say that access in this world market place is easy. However I canít close the eyes to the truth that survival canít be easy since it is a challenging field of currency exchange and currencies change their values due to the economic changes around the world. A trader ought to try to get a hold on the acquaintance by means of the basic ideas of trading before he can initiate trading.
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Old 11-12-2018, 10:28 AM
Electric Rainbow Electric Rainbow is offline
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There are as many different trading strategies as there are traders and they are all valid. Successful traders choose a strategy that fits their temperament and that makes sense to them.
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Old 19-12-2018, 02:29 PM
Nosero Nosero is offline
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Quote:
Originally Posted by Electric Rainbow View Post
There are as many different trading strategies as there are traders and they are all valid. Successful traders choose a strategy that fits their temperament and that makes sense to them.
First, you need to find the right strategy in each period time. Market are not the same. One Indicator cannot fit well in each period time. It need to plan risk assessment before you enter and exit your position.
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Old 26-12-2018, 02:48 PM
Fanaudy Fanaudy is offline
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Having a well develop strategy with clear entering and exit levels including backup strategy in case that market move in other direction, is pre-requirement for every successful trade and trading activity. Almost all profitable traders have some sort of their own trading strategy.
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Old 31-12-2018, 10:39 AM
Electric Rainbow Electric Rainbow is offline
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Winning trades are allowed to run for as long as they are producing. Some traders do use limits, which means they have a specific profit target.
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Old 12-01-2019, 10:22 AM
Electric Rainbow Electric Rainbow is offline
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Only trading in a demo account is not enough. When we put real money, then we can develop a lot of skills otherwise not. Being happier gaining profits in demo account leads a beginner to start trade in an aggressive way which is very dangerous for future trading.
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Old 20-01-2019, 11:21 PM
Nosero Nosero is offline
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There is no free lunch on a Forex market. Everybody needs to do their homework without trying to escape any step in overall process. Start with learning, then make some trading strategy and plan, practice on demo, adjust plan if needed. When ready go to live account and repeat all previous steps
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