John Vaughan Posted August 31, 2019 Report Share Posted August 31, 2019 It is very important to manage trade. Set a physical stop-loss if that is a bit of your game plan. If not, keep a mental stop at the cost where you know you're wrong if it gets hit and need to leave the trade. Take incidents physically at whatever point possible in light of the fact that it collects assurance and a familiarity with other's desires that will work to help you on various positions. I am trading with XeroMarkets broker which is a market leader when it comes to customer service, offering its clients top-notch products and services in over 20 different languages. Link to comment Share on other sites More sharing options...
mlawson71 Posted August 31, 2019 Report Share Posted August 31, 2019 No matter what your trading strategy is, it is bound to run in a series of losing trades. If you do not control your exposure during them, you may end up with serious losses. And here is the principle which some beginners may not understand: The first step towards making money in the forex market, is to stop losing. Link to comment Share on other sites More sharing options...
Noah Jackson Posted September 1, 2019 Report Share Posted September 1, 2019 Without proper risk management and money management systems it is not possible to achieve success. The trader should choose the broker who gives proper risk and money management in their platform. That’s why my choice is FXdirects the advances trading broker who got their trading license and regulation from the Securities and Investments Commission. As a regulated broker they give the advance technologies for their clients. I recommend this broker for the new traders. Link to comment Share on other sites More sharing options...
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