• The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

Best Processes for Trader

Forex market doesnt know your age , attitude and personality , this market need your knowledge and experience , if you have okay everything , if not much problems there is.
 
discipline not only a human habit it also a character ,
to be experienced in discipline we have to be mentally strong first of all, otherwise no way to maintain
 
Forex traders who think always its easy money-making process, at the end of the day be a loser. its not a place to make money easily within rapidly, its all about making good knowledge and experience. take it or leave it. decisions is yours. thanks
 
if you think only learning can safe you when trading , its completly wrong , you have to ensure regular practice session besdies this .
 
generally demo is the first basic after finishing pre school level , but we traders don't believe the importance of demo at all and trade here at random for all time, that's why sometimes i prefer micro account instead of demo after finishing baby pips school.
 
To treat forex a one of the main sources of income, one needs extensive skills and experience. And it takes years to come. But we should always treat it like business.
 
Long term trading is most ideal for a new trader as it prevents the chances of losing big money. Problem with short term trading that it makes newbie to do overtrading.
 
We are destined to see no profit even in the distant future if we stick to wrong trading approach. This happens only because of our disinterest in learning.
 
Spread is mainly considered as an important financial tool which an investor should consider when choosing broker. For leading a profitable trading life, we the traders have to choose the broker which always make sure lowest trading spreads.
 
having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.
 
Top