John Vaughan Posted June 11, 2020 Report Share Posted June 11, 2020 Trade management is one of the standard of risk administration. We can not put all our cash in trading. There is a few guidelines. For my trading I risk 2% of my capital for every trade. What's more, the most extreme presentation to risk is 4%. It implies I open most extreme of 2 trades. Most traders do not follow this rule. They just risk all their money into trading. I think everybody ought to keep up their risk administration rules. Because trading is all about discipline. I trade with XeroMarkets broker. It is one of the main brokers in the market. I truly like their administrations. Link to comment Share on other sites More sharing options...
Ross Edwards Posted June 12, 2020 Report Share Posted June 12, 2020 Always making profit is difficult in forex market. You can easily earn money if you have enough knowledge about forex market. But in spite of having good knowledge, it is quite tough to ensure profit all time. It is right that in forex market a trader can make consistent profit. But it is not all time. New traders should know that fact that earning money in forex is easy but always making profit is not so easy. They should keep patience and keep trying to make consistent profit. I couldn't make profit at first. But now I can make profit consistently with the help of TP Global FX because of their ease of trading techniques. They are like my guideline in the forex market. Link to comment Share on other sites More sharing options...
baybecool Posted June 30, 2020 Report Share Posted June 30, 2020 The information you share is vast knowledge and people should read it to be more eye-catching. I am very grateful for that. paper io 2 Link to comment Share on other sites More sharing options...
maspluto Posted June 30, 2020 Report Share Posted June 30, 2020 training and learning will indeed be very much needed by traders, this is useful so that traders can become better and can be more leverage in improving existing trading skills better than before. Link to comment Share on other sites More sharing options...
David Meyers Posted August 9, 2020 Report Share Posted August 9, 2020 Trades should know the basics concept of Forex trading such as currency pairs, prices and pips, spreads, trade sizes, support and resistance, long and short positions, price actions and momentum trading, and trends. Next trader should learn important aspects of trading, such as how risk management and leverage triggers and trading psychology. Thanks to my broker Eurotrader for providing free trading course from which I learn a lot. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted August 10, 2020 Report Share Posted August 10, 2020 Everything in trading is inherent in the discipline. If you trade without discipline, that trading career cannot be carried for long. For this, it is better to work in discipline all the time. Discipline is a good analysis, good risk management. You can risk 2% on your account for a maximum of one trade. You cannot risk your entire capital for trade. So you must use risk management for every trade. After doing a trade, there are other tasks such as managing the trade and carrying the trade to the profit level. Link to comment Share on other sites More sharing options...
uncle gober Posted August 11, 2020 Report Share Posted August 11, 2020 Existing funds and risks must be able to be considered properly, this is necessary so that traders can be maximized in carrying out trades that are in line with expectations and can generate profits in accordance with expectations with Tickmill. Link to comment Share on other sites More sharing options...
saumyaramchandran Posted August 14, 2020 Report Share Posted August 14, 2020 Many do not like to part away from their hard-earned money for earning more capital. But then some invest their funds not only in stocks, bonds, and mutual funds but also in currencies, which is forex trading. It is gaining popularity amongst investors and traders across India. It is not easy to manage multiple trades at the same time. Many traders fail to keep track of their risks and eventually lead to losses. A forex trading account needs lots of attention while monitoring the stock exchange. • Understand the forex risk and get information on trading • Control the risks with a stop loss • Do not risk higher than the affordability to lose • Limit using leverages • Have realistic profit expectations • Have a forex trading plan • Be prepared to face the worst situations • Gain control over emotions • Diversify the portfolio for forex trading account Link to comment Share on other sites More sharing options...
uncle gober Posted August 17, 2020 Report Share Posted August 17, 2020 The existing analytical skills must be owned by traders, this is needed and needed so that traders can be maximized in seeing the opportunities and risks that exist while on a real account with Tickmill. Link to comment Share on other sites More sharing options...
andrey98 Posted August 8, 2022 Report Share Posted August 8, 2022 The information you share is helpful. Link to comment Share on other sites More sharing options...
Golden Sark Posted August 9, 2022 Report Share Posted August 9, 2022 The best broker is a broker which does not restrict any kinds of trading techniques with scalping and hedging. a best trading platform for all time make sure best trading environment for using any kinds of trading techniques by providing lowest trading spreads as well minimum margin requirements. so when choosing a broker we the traders have to be more careful. Link to comment Share on other sites More sharing options...
uncle gober Posted August 10, 2022 Report Share Posted August 10, 2022 The selection of the existing broker must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill. Link to comment Share on other sites More sharing options...
Boogle Posted August 10, 2022 Report Share Posted August 10, 2022 Once you know your goals, you need to put together a trading plan. This plan should include things like what currency pairs you will trade, how much risk you are willing to take, what times of day you will trade, and what strategy you will use. Having a solid trade management plan is essential to success in forex trading. Without it, you will likely make careless mistakes that can cost you money. So take the time to develop a plan and stick to it! Tips for you- -When it comes to trade management in forex, there are a few key things to keep in mind. First and foremost, always remember to use risk management tools like stop loss orders to protect your capital. -Always be aware of the potential for volatility and price movements in the market, and adjust your trading strategy accordingly. Always keep an eye on your overall profit and loss, and make sure to take profits when they are available. Link to comment Share on other sites More sharing options...
pradegxs Posted August 10, 2022 Report Share Posted August 10, 2022 My risk per trade is limited to 2% currently and I gradually decrease this number as my deposit grows. I guess getting more conservative in trading is a logical path for traders whose capital grows. Link to comment Share on other sites More sharing options...
maspluto Posted August 12, 2022 Report Share Posted August 12, 2022 the funds and risks that exist must indeed be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill. Link to comment Share on other sites More sharing options...
broforex51 Posted August 14, 2022 Report Share Posted August 14, 2022 When you decided to choose broker that you want to trade with, please choose one that give you more benefits. Like FreshForex, I choose them because FreshForex offer me a lot of bonus, such as : 300% deposit bonus, 101% Drawdown bonus and many more. It is good for your trading experience. Why you choose another broker without bonus? Link to comment Share on other sites More sharing options...
uncle gober Posted August 16, 2022 Report Share Posted August 16, 2022 The selection of existing brokers must be able to be considered carefully, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill. Link to comment Share on other sites More sharing options...
pradegxs Posted August 17, 2022 Report Share Posted August 17, 2022 Trade management implies using stop loss, take profit and risking small fixed percent from equity in every trade to be able to withstand a streak of losing trades. Following this simple rules will almost surely protect you from account blow-out. There are also many other useful tips available at Hotforex webinars. Link to comment Share on other sites More sharing options...
maspluto Posted August 18, 2022 Report Share Posted August 18, 2022 the use of SL and TP must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill. Link to comment Share on other sites More sharing options...
Golden Sark Posted August 19, 2022 Report Share Posted August 19, 2022 In Fx trading we the traders first of all have to make sure to take any kinds of bonuses from only most credible trading broker, otherwise it is useless to have 100-200% bonuses which cannot use at all due to margin stop outs. By the way now I am comfortable with LQDFX which is real STP Execution and from where I got 100% initial bonus that is totally usable including lowest trading spreads as well minimum margin requirements. Link to comment Share on other sites More sharing options...
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