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Are you addicted to forex

Money management is extremely important in trading. By far most of individuals slump in trading since they don't take after incredible money management rules. You can't risk more than 2% of your capital. You can take one trade or a couple but total risk should not outperform 2% of your capital.
 
no way to avoid the importance of demo trading , bu the main problem is , the experience we took from demo practically not works when trading in a live account. so, traders don't believe the importance of this trading place.
 
I trade based of my personal trading strategy, it’s a combination of 4 default and 2 custom indicators! So for me, trading preparation means, counting the positions of all of trading indicators according to my strategy! Besides, I also count currency correlation! That’s my preparation!
 
According to me, candle chart is much useful than the others 2 one; I basically rely on the candle chart for understanding the technical signal of the candle chart. Even, I don’t need to use any kind of technical tool.
 
No not addicted to forex. A passionate trader who can work full time and fully focus on earning money in forex can become forex addicted.
 
Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.
 
Newcomers should focus on others inevitable part of trading besides acquiring good trading knowledge. Controlling emotions , avoid revenge trading , overtrading , money management ,RR and much more things they have to observe for avoiding unfortunate loss.
 
there is no way to ignore the importance of demo , but we are not serious when trading , because no real money there is and no emotions for that reason.
 
In Forex , without having proper money managing plan that’s not possible at all to make profit with consistency despite of having good trading strategies.
 
In Fx trading , leverage is useful for trader , especially if trader start with small balance hence with leverage it will giving opportunity to making transaction on Fx market , now some broker offer high leverage until 1:1000 but so far I am only use leverage 1:400 as maximum.
 
Newcomers should focus on others inevitable part of trading besides acquiring good trading knowledge. Controlling emotions , avoid revenge trading , overtrading , money management ,RR and much more things they have to observe for avoiding unfortunate loss.
 
It is very difficult to find a best broker from all, because there are almost thousands brokers in online Forex trading and most of them are found to be scams. You can choose a regulated trading broker which guarantee their clients finds.
 
You can earn money from Forex trading if you can acquire most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a profitable trading life without having a reliable support form a credible trading platform, because the broker can affects the result of our trading with certainly.
 
Personally I am not addicted to trading anymore. But there was time I used to be addicted. I remember I used to sleep very less due to my trading. Eventually I learned to overcome it.
 

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