General advises and experiences sharing for forex traders

[RainbowRain]

Central banks, large commercial banks, investment funds, large corporations and transnational companies, as well as retail traders such as us and you, participate in trading on the forex market. It is the interaction of these various players that creates the price movements on which traders try to make money.

 

[RainbowRain]

What frustrates me the most is when I close my trades, fixing the profit, but the price continues to go further and the opportunities to increase the profit are missed. That is, I don't have enough endurance to hold trades longer on the trend in order to earn more.

 

[RainbowRain]

Yes, the lack of strong psychology and emotional control can turn any trading strategy into a loss. After all, in addition to having a strategy, it is important to follow all its rules and conditions in a disciplined manner, trading systematically and not succumbing to impulsive decisions. Otherwise, fear, greed and excitement will only contribute to losses and disappointment.

 

[Aaron_0]

A way of winnig huge profits.

Currency exchange is the trading of one currency against another. Professionals refer to this as foreign exchange, but may also use the acronyms Forex or FX.

Currency exchange is necessary in numerous circumstances. Consumers typically come into contact with currency exchange when they travel. They go to a bank or currency exchange bureau to convert their "home currency into , the currency of the country they intend to travel to.
They may also purchase goods in a foreign country or via the Internet with their credit card, in which case they will find that the amount they paid in the foreign currency will have been converted to their home currency on their credit card statement.

 

[Aaron_0]

The problem of many investors that they want to make money but they lack interest to learn the Forex industry. They may over confident and think that they have enough knowledge to make money in the market.

Most traders totally don't have interest to learn and just focus on finding Forex signal, it is a big mistake. You may use Forex signal but note that, you must always verify the signal before using it. Sadly, most traders don't!

What kind of trader you are? Do you still learn Forex? Do you really have an trading account or just trolling (joking

 

[RainbowRain]

If you are trading with scalping, then such a number of transactions per day is an absolutely normal practice. After all, scalpers make money by opening quick transactions for a very small number of points. And in order to feel the profit from such trades, you need to open and close a lot of such orders.

 

[Callahan Sinclair]

If you are trading with scalping, then such a number of transactions per day is an absolutely normal practice. After all, scalpers make money by opening quick transactions for a very small number of points. And in order to feel the profit from such trades, you need to open and close a lot of such orders.

Scalping isn’t always the smartest move. All those rapid trades can pile up costs in spreads and commissions, and even tiny slip-ups add up fast.

 

[RainbowRain]

I was drawn to this market by its availability and the ability to trade in almost any corner of the world. Yes, this market is quite risky, but every trader always has the choice to trade with risk control or not. In the first case, we can always minimize our potential losses in order to have the opportunity to earn in the long term and trade without a strong psychological and emotional load.

 

[sunar14]

Lots of promise but no method—I'd ask: how do you manage risk and entries? Without that, 'huge profits' could mean huge losses

 

[sunar14]

I’ve scalp‑traded dozens daily with HFM —but only because each trade fit my clear edge and risk plan. Volume alone isn't the issue, discipline is