• 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 .

Discipline is the first

learning is important , no way to deny but honestly speaking any kind of learning approach can be useless if there is no regular level of practice.
 
the new forex trader always try to bring good amount of profit with no learning . as a result they fall a great trouble when trading in practical.
 
In Forex business, it’s essential for a trader to be well learned, motivated and mentally-fit for trading. Traders can be so when they are well-skilled. Traders should identify their deficiencies and then work on them to repair. Skill is a very precious quality to achieve for a trader.
 
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!
 
learning is important there is no way to ignore but honestly speaking any level of learning can be useless if there is no regular practice level.
 
there are so many brokers in online who offering lowest trading spreads for the traders who are particularly scalpers. i hope you got the point.
 
Low capital should be preferred initially. And even if you become expert, you should stay careful because it’s not true that experts don’t suffer losses.
 
To choose a good broker, you have to justify whether the broker is regulated or not. Hence, you can ask those who are already using a broker that how their brokers are.
 
We lack discipline in our trading and that’s why we are failure in forex. To bring discipline in trading, we have to develop proven strategy and increase chart knowledge.
 
Reducing trading risk depends on us so we should do so to gain better from trading. Besides using a micro account, you can use narrow trading size and trade in low-trading spread pairs.
 
An in-depth analysis is needed for Forex trading and you should make a weekly routine of trading based on your analysis. Right analysis will bring discipline in our trading.
 
over trading is very common mistake for all kinds of traders, especially for the beginner level. due to this bad trading habit, most of the beginners lost their whole equity.
 
Top