Know Yourself

[zoe]

Honestly I have noticed people jump on forex because they were told to or saw someone else do, but sad truth is that forex might not be for you. Everyone’s financial situation is unique. How you choose to invest highly depends on your personal preferences coupled with your current financial circumstance. Therefore, you must have a solid understanding of your financial capabilities before investing any money into anything.

 

[Gito Dinev]

Ability judgment is quite necessary because traders can go bust otherwise. Earning experience is not a matter of a day. A trader’s trading career goes through several ups and downs. Experience helps a trader derive greater amount of profit from trading.

 

[LouBega88]

Before taking a decision, traders should analyze the market scrutinizely to forecast.

 

[Fx Master]

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.

 

[Alexander Hudson]

Trader should adopt right trading approach to shine in trading. Try to use low leverage, low trading spread, and flexible margin level to moderate your risk.

 

[The trader]

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.

 

[Eduardo Lucchese]

If your trading platform is antiquated with several technical glitches, you won’t be happy in trading.

 

[Anie]

An educated trader is more likely to make consistent profits in trading. So, it is essential to have basic market knowledge.

 

[zoe]

An educated trader is more likely to make consistent profits in trading. So, it is essential to have basic market knowledge.

Well said, you can't come into the market blindly and expect good results.

 

[Madison Lopez]

According to me, before entering into anything you must be aware of what you are doing and where it will lead you. So, always educate yourself in order to start trading or something in general and then enter.

 

[Bahiya Shinam]

Forex provides you with the flexibility and freedom which is badly necessity for every human being.

 

[SaadBinToha]

Those who own an exciting mind can never stay peaceful in trading rather they are excited thinking how to earn profit regardless of any market condition.

 

[The trader]

Forex is a legal issue , no way to avoid it , but the transaction deposit and withdrawal is the problem and some countries dont allow this kind of , as like India. but lots of trader right now there is.

 

[Oscar Shumack]

It is an ECN broker that runs its operations with smart bridge technology. They offer all types of accounts to traders.

 

[Davidfx89]

practice is important , i know but after passing sometime we the traders lost interest , so we have to make practice step by step.

 

[Symphilism]

That’s very true! If you don’t know what your financial goals are, then you will be directionless. This is the most common mistake made by new traders. They chase after profits without knowing what they wish to get from the market. Every trader should have a plan in hand and a tested strategy, otherwise you will only lose.

 

[Nayek Pichai]

As a result, you can’t focus on your trading as much as you need. Use multiple strategies to produce signals.

 

[Hoyism]

True! It is important to analyse your own capabilities and affordability to trade. Trading forex is not everyones’ cup of tea. You should study your risk appetite and only trade with the money that won’t affect you or your lifestyle.