Jump to content

Recommended Posts

Forex is stressful if you are losing. It can dangerous to you trading. However, it is hard to control your human emotion in trading. So, traders need to learn and master their emotions in order to make the proper decision. I recommend new trade to use micro or cent account with little capital to master their human emotion. Eurotrader offers a minimum $50 deposit micro account to its trader.

  • Thanks 1
Link to post
Share on other sites

Yes, trading on the stock exchange is risky and many people experience strong negative emotions when they lose their money, but usually under the influence of these emotions people make ineffective decisions that prevent them from making a profit. You cann't always make a profit, because there is no one universal strategy that would always work, but you can get more than the amount you lost if you continue to trade on the exchange based on logic. I believe that if you want to be a trader who makes money in the stock market, then you need to know more about investing emotions and how to manage them correctly so that it doesn't lead you to common mistakes.

Link to post
Share on other sites

To trade in the forex market, any trader needs a broker. Broker can be good or bad. By selecting a good broker, a trader can easily take decision whether he has to trade or not. Good brokers are generally are those, who provides low spreads and high leverage than others. Withdrawn process should be easy. Brokers  help traders to gain profit and reduce the risk of losses. A broker can be a guideline for any trader. Choosing a good broker is not an easy task. I am trading with TP Global FX, which is the best broker for me. They provide low spreads starts from 0.01 pips and their maximum leverage is 1:500. They provide 24 X 5 customer service to the traders. So for me, they are the best broker.
 

Link to post
Share on other sites

Forex trading is the most famous and profitable business in the world. If you want to start trading then you should set a good strategy first. A good strategy can easily make you earn money. A reliable broker, good strategy, proper guidance are the most important things to earn profits from the forex market.

I always try to set a proper strategy for my trading. My broker Forex4you helps me a lot. They are very supportive and helpful. They never make disappointment to their client.
 

Link to post
Share on other sites

Low spreads is one of the most important elements of trading. The broker who gives low spreads are basically well known to the traders. Specially the newcomers and the low investors rely on the low spreads broker. I usually trade with Forex4you, which provides low spreads starting from 0.1 pips. Their spreads don't change much. So, it is very much pleasant for me to trade with them.
 

Link to post
Share on other sites

Trading experience and skills make the Forex market much easier. Forex trading is never possible without trading experience. As a trader, I always try to gain trading experience. Forex is of course easy but you have to work according to proper discipline and plan. A part of Loss Forex is to look at this loss in a positive light. Then trading will be much easier for you.

Link to post
Share on other sites

The chances of loss are higher if you do emotional trading. Your important deposit can be lost later in the trap of emotions. So every trader should trade by controlling their emotions. If a trader cannot control emotions, he will never be able to become a successful trader. So if you want to get trading success, you should give up emotional trading.

Link to post
Share on other sites

There are many risk factors in forex trading. You can lose all your cash in the blink of an eye. High leverage will bring about considerable losses. There are more factors like interest rates, political events, economic risk and many more. To know all the risk factors you have to consider a great deal. For you contemplate, Eurotrader instructive assets can be a decent hotspot for you. I find them extremely supportive.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...


×
×
  • Create New...