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- Niels.Lar replied Feb 3, 2021
I also agree. Traders need a simple trading plan to execute and avoid unnecessary confusion in trading.
- Niels.Lar replied Feb 2, 2021
I agree. Broker plays vital role in trader's success. If broker turn in to scam broker it will be worst nightmare for trader.
- Niels.Lar replied Feb 1, 2021
After all we are all human. But traders have to control their emotion to be successful in this field.
- Niels.Lar replied Feb 1, 2021
It is quite hard to trade risk freely. However, traders can reduce the risk in trading.
- Niels.Lar replied Jan 31, 2021
True. It is a pending order which protect trader from any uncertain market situation.
- Niels.Lar replied Jan 31, 2021
To avoid scam, trader also need to know about the broker and its regulation.
- Niels.Lar replied Jan 30, 2021
It is true. Trade with you own experience and knowledge, don’t listen to other or copy other trading setup.
- Niels.Lar replied Jan 29, 2021
You can both earn and lose money in short period of time with this kind of trading strategy.
- Niels.Lar replied Jan 29, 2021
Good strategy is essential for making consistent profit from trading.
- Niels.Lar replied Jan 28, 2021
True. You need to have a good understanding of the market to find good trading option.
- Niels.Lar replied Jan 27, 2021
Right. Traders should avoid trading based on emotion like over trading or revenge trading.
- Niels.Lar replied Jan 25, 2021
True. Also, learn to accept the losses and when to enter and exit from market.
- Niels.Lar replied Jan 24, 2021
True. No strategy will work same all time. So, adjust if it is needed to improve.
- Niels.Lar replied Jan 22, 2021
Use proper risk management strategy or use low leverage. Try to trade without leverage if it is possible.
- Niels.Lar replied Jan 20, 2021
Always make trading decision with clear and calm mind. Trading is a mind game.
- Niels.Lar replied Jan 18, 2021
I also learn trading from free online courses. I never paid for learning.
- Niels.Lar replied Jan 17, 2021
True. They focus on making money rather than learning and end up losing it all.
- Niels.Lar replied Jan 16, 2021
There is high possibility to blow the account if you start with live account. So, start with demo trading.
- Niels.Lar replied Jan 15, 2021
Stock brokers offer lower leverage ratio than forex brokers. That’s why forex is risker than stock trading.
- Niels.Lar replied Jan 13, 2021
Record what condition you use for entering in the market and upon what condition you exit from the market.