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Finding correct ways

Discussion in 'General Trading Forum' started by LorrainMor, May 31, 2019.

  1. LorrainMor

    LorrainMor

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    Finding correct ways to enjoy a profitable trading journey can be a time consuming processes indeed. It is not that a trader who has started his journey will have easy understanding over all the approaches or methods from the very beginning of his career. With the help of constant learning any trader progressively get acquaintance with the basics of all modern trading tools which will lead him easy trading voyage.
     
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  3. Lee Mark

    Lee Mark

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    To be honest; it’s not easy to make a decent amount of money! Because, the success ratio is till now below the 10%. Having a pro trading skill is the key point here, since Forex is a knowledge based profession.
     
  4. lioneld

    lioneld

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    For me following the trend is the correct way to me! In this case, market chart ismy main weapon! I dnt see any 3rd party trading tool; only moving average & Fibo.
     
  5. lioneld

    lioneld

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    I have no objection on the statistic of 90%! Because in my trading community I have seen; almost all of the traders are unable to make consistent result!
     
  6. MarvelPole

    MarvelPole

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    I think that it is impossible to make consistent results in forex market. But making 90% winning deals I think that it is possible. Everything else depends on good risk management
     
  7. lioneld

    lioneld

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    Well, consistently doesn’t mean 100% success ratio; you should calculate your success ratio end of the month! Don’t count your each trade!