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Are you addicted to forex

I think we should try to avoid the addiction of Forex trading and always give proper time but do not sit always before the computer. Always start a trade and take some time to judge the trends of the market and then you can close it and if you can make a profit this time take it.
 
Maximum traders in Forex like to trade with high leverage for making profit instantly. But traders who make profit consistency , I don’t think they use high leverage. They way I see it. High leverage gives us the benefits not to worry about margin requirements and one less thing to focus on. Abusing leverage can be costly for traders.
 
you should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
 
Traders should focus on advantage and try to avoid disadvantage in trading.
There are many advantages in trading forex. With merely internet connection and PC you can do the trading from your bed. From the Monday morning opening in Australia to the night close in New York, the forex market never rests. In forex trading, a little deposit you can start trading. Leverage gives the trader the capacity to trade with small amount.
 
Any Forex strategy should develop after passing sometimes , regular practice in demo only the way to develop your trading strategies performance.
 
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!
 
to open a micro account is a very good source to see the broker performance how it works. so all beginners should follow the rules
 
actually making profit is not a big deal in Forex trading , the main things in there to keep consistent level which is the main challenge . anyone can make profit by one or two times.
 
Right now I am not addicted to trading anymore. But it's true random scalping at the beginning of forex career makes a trader addicted. A trader should learn about trading psychology before starting live trading.
 
We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.
 
If you really have passed pre school level greatly , I think right now you are more appropriate for live trading but not with grand amount.
 
Everything is uncertain in Forex market, so the newcomers always feel frustrated when trading. So before kickoff live account we have to make sure sufficient trading balance that can remove our frustration , otherwise it will be great difficult to survive in this volatile trading market.
 
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.
 
when anyone ask to which platform is more appropriate for trading , all credit goes to only MT4 that even i have been using from my first day of trading.
 
Addiction to trading is very common phenomenon among new traders. Most of the time they can not stay away from charts. It happens due to lack of enough knowledge and discipline.
 
actually trading easy or not it depends on your money management , if you can manage your money accurately then its possible to lead a easy trading life.
 
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.
 

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