Hello guys I'm new here

[jinanasr]

Hey guys I've been facing many difficulties in trading andd incurring huge losses . Can anyone explain me the right way of trading?

 

[Daantje Pieters]

As a new trader, you should keep earning knowledge from various sources and stay action in forums to ask any question that you need to know. Try to select your trading broker carefully.

 

[avedov]

Indicator is a custom technical indicator which can help traders automatically compute for . Traders can predetermine probable entry price levels, as well as project take profit and stop loss price levels. T

 

[valerkata]

U need backtesting program and practise all day long for few monts and u will start to understand

 

[Fxzombie]

Forex trading is not easy, I realize many traders face difficulties how making a profit here, the key factor is the volatility market affected by emotions, when traders lose control, usually trade recklessly and blindly, besides mastering technical and fundamental analysis, also important to mastering psychology trading.

 

[jackreverse]

Try to build an effective strategy and test it a proper time on a demo account. When you are really coinfident, only then try it on a live account.

 

[Fxzombie]

Big losses are usually traders being greedy or not using proper risk management. To minimize losses due to margin calls, it may be best to trade with a trading plan that includes position size, risk tolerance and profit targets built by market entry and exit according to the trading system.

 

[Chaveirex]

You got to find good mentors, good old mentors, and focus on the mindset of doing trade.

 

[Riba.itu]

Just discovered a new forex news site – what's your favorite source for market updates?

 

[Fxzombie]

Just discovered a new forex news site – what's your favorite source for market updates?

I like to read the economic calendar Forexfactory and news updates like Investing and Yahoo Finance

 

[Jason Libson]

Trading success requires a solid plan, discipline, and risk management. Start by learning technical and fundamental analysis, and develop a strategy that suits your risk tolerance. Use stop-loss orders, never risk more than 2% per trade, and avoid emotional decisions. Consistency and patience are key to long-term profitability.

 

[Fxzombie]

Trading success requires a solid plan, discipline, and risk management. Start by learning technical and fundamental analysis, and develop a strategy that suits your risk tolerance. Use stop-loss orders, never risk more than 2% per trade, and avoid emotional decisions. Consistency and patience are key to long-term profitability.

It's true, in practice trading forex is a challenging business, traders definitely go through different days, there are times when they make a profit, there are times when they face a loss, and when traders face a loss their emotions usually become less stable, and this is a serious concern.

 

[Fin_Trader]

First of all, you need a reliable trading strategy so that your trades are reasonable and systematic, while trading should be conducted with risk control and your emotions. And it is better to first test any strategy on a demo account, see its strengths and weaknesses and, if necessary, make changes for its better operation. You also need a good broker. For example, I chose a company that provides minimal spreads or commissions, has regulation and high order execution speed so that I do not worry about my investments and conduct comfortable and profitable trading.