take decisions rationally

[Andrew McCalam]

success always complicated issue at any sector even Forex trading but it can be achievable of course by means of real patience, otherwise there is no real chance.

 

[Faal]

beginners not willing to serious in demo , no emotions and real money in here for that , so they can participate in demo trading contest. its minimum better than as usual trading

 

[Fx Master]

success always complicated issue at any sector even Forex trading but it can be achievable of course by means of real patience, otherwise there is no real chance.

 

[Faal]

it is more appropriate to go through the school minimum 2-3 times , but newcomer just finished school rapidly and kick off a live account. this is not good.

 

[Fx Master]

demo is a place to prove yourself how can you handle trading strategies you have , so, don't ignore the demo , you suggest 3-4 months to stay in here , its a long time for beginners level to keep patience in here, that's why i prefer minimum 1 months for that.

 

[Eduardo Lucchese]

The business provides you with the flexibility and freedom which is badly necessity for every human being. Besides that, brokers allow traders with a multitude of trading facilities.

 

[Fx Master]

learning is important there is no way to ignore but honestly speaking any level of learning can be useless if there is no regular practice level.

 

[The trader]

In order to me, Price Action trading strategy doesn’t mean only pattern based trading, like sometimes I need to go with pre-breakout trading setup although pin bar trading setup is available there! So, I prefer PA trading for only manual trading! Yes, which traders have advance PA knowledge, they can earn handsome money here because it’s all about market flow!

 

[Karley Walker]

Every indicator is programmed with market index and other relevant factors so they can produce wrong signals.

 

[Gito Dinev]

Due to the presence of trading fear, traders keep themselves apart from trading. Traders have to pass much time with the market to get rid of this fear.

 

[Anie]

If you really want to become competent in forex then learn from your failed trades. Analyse the underlying cause of the failure and try to improve on your plan.

 

[magnum]

We should always take rational decisions in forex trading because with the potential pool of solutions within oneself, we miss the chance to boost our thinking. We can enhance our rational decisions by analyzing the market moves and by discussing major news events and their impacts with experienced traders.

 

[TruthCrypt]

Logical decision making is a skill that a trader has to learn and develop over time. We are prone to making decisions and taking up trades based on our feelings and emotions. But we must train our mind to leave the emotions behind and focus on logic when it comes to trading.

 

[LouBega88]

Part time traders invest half of their total time in trading and they have other professions too besides forex trading.

 

[Festooned]

True. Taking trading calls based on your emotions can be extremely risky. It is best to keep your emotions in check and make rational decisions. This is easy to achieve if you adhere to your trading rules.

 

[Bahiya Shinam]

There are mainly two types of trading platforms including mt4 and mt5 and if you trade stocks or more than one asset class, mt5 is the right platform for you. On the other hand, for trading forex and CFDs, mt4 is the best trading platform for you.

 

[Bibulous]

In forex trading, decisions must be made quickly in order to make the most profits. This involves taking into account everything that could affect the trade, from the market conditions to the specific currencies being traded. This can be a difficult task, but it is important to do as much research as possible in order to make the best decisions.

 

[SaadBinToha]

Due to the availability of internet, earning knowledge has become quite easier than before. Practical knowledge is the essence of trading that traders should arm with.

 

[Andrew McCalam]

the new Forex trader always try to bring good amount of profit with no learning . this is a very common mistake.

 

[Presidial]

I agree. Your ability to succeed hinges on how you intend to interpret market mood and make decisions when changes and events are occurring. Although it might be difficult and hazardous, if you approach the market correctly, you can eventually turn a profit. It can work if you are organised and knowledgeable. If you lack an adaptable personality and are unable to cope with loss, you will constantly be perplexed as to why returns are so slow to come in. Control risk, and you're good to go.