In particular, new traders should trade with less risk. First you have to win the battle to survive in the market then you have to think about earning. In the beginning, those who win the battle for survival become permanent in the market. At the beginning trade in small lots, trade for a short time, refrain from trading any risky pair. Especially stay away from trading in gold and oil. First of all, do market analysis, practice demo and increase your skills and experience. If you trade in big lots due to greed, you can quickly drop out of the market. So trade with patience and low risk, success will catch up with you one day.
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Thread: Trade with less risk.
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07-06-2021, 11:37 AM #1
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Trade with less risk.
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13-06-2021, 09:03 AM #2
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Stop loss is very important. Because there is no trader who want to loss his capital much. Stop loss limits the loss. Every traders want to secure their capital. By using of stop loss a trader can trade in the forex market without any tension. I am also a trader. I am currently trading with Tpglobalfx. I always use stop loss while I am trading in the market.
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14-06-2021, 11:36 AM #3
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Traders must have a journal that specifically records all trade, including the strategy used and the reason for execution. The journal must contain the entry date and time, price, stop loss, and profit level. Trade Results are also important. So, snapshots of charts when entering and exiting the trade. I trade with Forex4you. I also add my journal to the reason for taking the trade and feelings after witnessing it.
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15-06-2021, 04:22 AM #4
The selection of the existing broker must be able to be considered carefully, this is done so that traders can be maximized in getting the security and comfort of trading while on a real Tickmill account.
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19-06-2021, 07:14 PM #5
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Practice can make a person perfect. The more you practice in trading, the more your experience will increase. And if the experience increases, it is possible to earn a good profit in trading. When new traders enter the market, they start trading without knowing anything about trading.
As a result, they face losing all the time. It is very important to practice trading. You can start the practice by doing demo trading first. And while trading this demo you can do a lot of courses about trading online. I practice on the demo account of TP Global FX. They are very helpful.
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21-06-2021, 03:40 AM #6
Existing training and learning must be able to be considered properly, this is done so that traders can be even more leverage in getting the security and comfort of trading together with Tickmill.
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21-06-2021, 03:47 AM #7
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However, it is clear that we must be careful in carrying out our trading activities, because this business is indeed very risky. That's why I am very careful in carrying out my trading activities, Freshforex broker so that the profits are on our side
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25-06-2021, 04:43 AM #8
that risk will always be present in everything, so it is important for traders to be able to do maximum training and learning before actually trading on a real account. traders can take advantage of the facilities provided by Tickmill.
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27-06-2021, 07:54 AM #9
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Indeed, the risk in this forex business is very large, we continue to strive for where to learn what to do, such as we can take advantage of demo account services for us to learn and understand where to trade properly and correctly. As long as we want to try to have a learning process, there will definitely be results that we can get in trading
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07-07-2024, 05:22 AM #10
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Trade with less risk in forex by implementing strict risk management strategies. Use stop-loss orders to limit potential losses on trades. Avoid overleveraging positions and diversify your portfolio across different currency pairs. Regularly review and adjust your trading plan to adapt to market conditions and protect your capital effectively. Although LQDFX broker provides me high leverage facilities, I stay in my limit.
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