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Any tips to make Forex trading easier?

Discussion in 'General Trading Forum' started by davidjss, Apr 22, 2012.

  1. Grinder

    Grinder

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    It is not an easier market at all as the market is decentralized. No one knows what is going to be happened in the market at the next moment. Things can get easier only with the passage of the time. So, you need to gain viable experience in this regard.
     
  2. lioneld

    lioneld

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    No doubt, experience plays an important role here! In addition, I have also noticed all of pro traders have such kind of long trading experience.
     
  3. LorrainMor

    LorrainMor

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    In the dream of making trading journey easier today many forex traders are making their trading voyage more complicated. The simple rules are: try to make investment within your limit that you can actually bear to lose in any case and try to remember your capacity to bear risks. Don’t try to working with random currency pairs and making investment in random methods. Thereby a systematic arrangement is must here.
     
  4. lioneld

    lioneld

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    Yes; knowing own limitation is a good practice! By the way; traders should follow the rules of money management in a proper manner! Otherwise, the result will be so costly!
     
  5. Pagaro

    Pagaro

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    Lorrain, thank you for mentioning this. I also am not sure really why some traders are making trading and especially market analysis extremely complicated. I was reading about some models that they are developing for market analysis, and same thing they can accomplish with simple support/resistance
     
  6. Lee Mark

    Lee Mark

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    Basically it depends! Maybe it’s complicated to you; but he/she is comfortable with this setup!
     
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