General advises and experiences sharing for forex traders

[Fanaudy]

I fully agree. The beauty of forex market is that it can be traded twenty four hours per day. And with the advancement of technology there are mobile applications developed, so I have complete freedom of movement. I find it great

 

[Nosero]

When somebody who have a lot of amount can be greed. Somebody who have a fewer amount can be fear. When they come to trade , the psycology will show really different.

 

[Geofery]

How to choose the right forex broker for our trading activities? I want to be safe and easy to withdraw my profit.

Find an old Forex broker that has good reviews. Old brokers with a good reputation are better than the new ones.

 

[Jurlare]

One skill every trader needs is the ability to analyze data quickly. There is a lot of math involved in trading, but it is represented through charts with indicators and patterns from technical analysis. Consequently, traders need to develop their analytical skills so they can recognize trends and trends in the charts. Thanks for your info!

When you're smaller timeframe how fast to analyze data is very important when you're higher timeframe swing trade you have time to think and analyze longer than previous one. By the way both of strategy need to develop and improve everyday.

 

[Jurlare]

I would also put ego on the list for experienced traders. When you make very good results on the market, your ego starts growing. This feeling is so overwhelming that some of traders get seduced by ego, thinking that they have conquered the market. Usually in that moment comes reality check...

 

[KristanXX]

I agree with you. Everyday, more and more people especially youngsters enter the world of forex trading in order to earn some profits through this amazing platform. I hope that forex trading and market becomes the biggest decentralized market. What do you think guys?

 

[alina.marabar]

Forex has amazing mt4/mt5 platform that make some people get profit daily, but they must understand how forex work first...

 

[Nosero]

Flexibity is needed when you are traders. We have to see what market tell us via candlestick , chart pattern , s/r zone. Then we can action in the right timing.

 

[KariPlov]

Forex business is widely well know. When it become business that mean we have to be professional in term of design process and execution. We have to always find the way to improve our result and live in the market even good time or bad time.

 

[Electric Rainbow]

Remember that you invest your money and risk to lose it at the end. You’re going to have both successful and unsuccessful transactions, and there is a concept of a positive and negative stress.