avoid complicated processes

[LorrainMor]

As forex can be a competitive and troublesome place for many naïve traders to trade efficiently there is no need to go to the complex process at the beginning. Rather, in the initial phases of trading journey, a foreign currency exchange trader should go for the smaller trading amount so that trading risks will be lower. Obviously over trading should be avoided he can fully give concentration on important aspects of trading.

 

[Tom Latham]

As forex can be a competitive and troublesome place for many naïve traders to trade efficiently there is no need to go to the complex process at the beginning. Rather, in the initial phases of trading journey, a foreign currency exchange trader should go for the smaller trading amount so that trading risks will be lower. Obviously over trading should be avoided he can fully give concentration on important aspects of trading.

Yes, over trading is very much common problem here! Risk-management is a very much important issue; don’t go for more than 2% risk ratio in per trade.

 

[john.brave]

I can say this habit (over trade in forex) will make any trader in the world will bankrupt..

 

[sininfinity]

I personally keep things simple. But I don't discourage if someone tries to use some complicated method. They should explore and see for themselves whether it works for them or not. Someone else should not decide it for them.

 

[Randall]

Hello friends! I strongly agree with the fact that you need to stay as simple as possible as a complex strategy can hurt you a lot in the situations when you have to take quick decisions. The market is quite complex and this complexity can be solved by simplicity. Am I right?

 

[Tom Latham]

Hello friends! I strongly agree with the fact that you need to stay as simple as possible as a complex strategy can hurt you a lot in the situations when you have to take quick decisions. The market is quite complex and this complexity can be solved by simplicity. Am I right?

I don’t know, what you meant by simplicity! Because, I believe it requires huge knowledge on the technical & fundamental sector. Only, basic knowledge is not important here.

 

[Eduardo Lucchese]

Not all regulated brokers are highly secure and you have to be picky for selecting a secure trading broker.

 

[Oscar Shumack]

Every trading platform is adorned with candlesticks, which are formed based on the market movement.

 

[Alexander Hudson]

Contrarily, full time traders invest their whole day in trading. On the other hand, if you want to trade risk-freely, you can go for day trading.

 

[Gito Dinev]

In all cases, keep yourself away from greed and emotion because they are harmful. You must not be greedy about Forex trading because it will work as an obstacle to the way of earning profit.

 

[FXOpen Trader]

In all cases, keep yourself away from greed and emotion because they are harmful. You must not be greedy about Forex trading because it will work as an obstacle to the way of earning profit.

We must make some Efforts so that our Emotions will stay under controls.