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  1. #1
    Join Date
    Aug 2020
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    75

    Traders approach

    Forex trading is a mind game. Traders need a proper trading approach and the ability to execute it with a calm mind. The trader also has to include a good risk management strategy into the trading approach. It is important to make a consistent profit in trading. I am also a professional trader and I learned all about trading from my broker educational resources.

  2. #2
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    Jul 2020
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    734
    It's worth understanding that trading really needs to think. Without this, it is simply unrealistic to obtain more than positive results of work, because this will not bring success.

  3. #3
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    Aug 2020
    Posts
    157
    Starting forex trading is easy. You need a good broker and a little bit of capital to start trading in the forex market. You can start trading even with $100 capital. Most of the broker allows trading with this kind of little money. However, in Eurotrader, you can start trading with only $50. The broker is also a regulated and licensed broker offering forex and CFDs trading services.

  4. #4
    Join Date
    Jun 2020
    Posts
    200
    Choosing a broker is a tough task. There are some good brokers and some bad brokers in the forex market. It is very important to choose a good broker for trading in forex market. Good broker can be identified by some of their basic features such as, their leverage system, spread system, customer service etc. I use Forex4you. They provide low spreads start from 0.1 pips. their highest leverage is 1:1000 which sounds good in forex market. They also provide me 24 X 5 customer service, if i have faced any problem. They are really good broker in forex market.

  5. #5
    Join Date
    May 2020
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    1,473
    When I just started working in this industry with a broker from Amarkets, I did not know many of the specifics of work. It was quite difficult to learn a lot about this industry.

  6. #6
    Join Date
    Dec 2020
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    Asia
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    Quote Originally Posted by malopis View Post
    When I just started working in this industry with a broker from Amarkets, I did not know many of the specifics of work. It was quite difficult to learn a lot about this industry.
    I choose to do my trading with the International Forex Broker of Repute FXOpen and i am a successful trader with the help of their ECN Trading Technologies

  7. #7
    Join Date
    Jun 2015
    Posts
    332
    Day trading is one of the obvious and most common ways to trade upon, but this is something we need to be very wise with using, as only then we will be able to achieve profits and will be able to gain as well. Right now, I am trading under FreshForex and with them, it’s awesome using any technique I desire. I love it with their tiny spreads starting from 0.1 points. I really love it all and is something through which I can benefit greatly. But, it’s obviously not the easiest thing and requires a lot of talent and determination, it’s something I feel happy to say that I have and with such brokers support, I can do trading through any style!

  8. #8
    Join Date
    Jan 2021
    Posts
    25
    To use this trading method, you need to have certain skills and practice, because it will be quite difficult to achieve a result, starting from scratch.

  9. #9
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    May 2020
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    1,473
    Traders are generally very interesting guys. As for me, their work is really interesting, and the result can be quite interesting.

  10. #10
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    Dec 2020
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    Asia
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    Quote Originally Posted by malopis View Post
    Traders are generally very interesting guys. As for me, their work is really interesting, and the result can be quite interesting.
    Forex traders need to understand this fact that if they are making use of the correct trading strategies then their income will also start coming to them.

  11. #11
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    Apr 2020
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    1,365
    Forex really requires a full understanding of the process of work. Otherwise, it will be really very difficult to get a positive result.

  12. #12
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    Jul 2020
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    734
    The trader in general should be as attentive as possible in trading. I believe that this is a rather difficult option for work, which may not suit everyone.

  13. #13
    Join Date
    Jan 2020
    Posts
    257
    By millions of traders scalping is a trading type favored. In Forex market today mostly, traders are now using this scalping trading type because it is easy and profitable. But the broker is the main thing to get proper support of using scalping. Tpglobalfx is my trading broker and I have chosen them to get proper facilities to use my scalping trading. I have lowest zero spread from 0.01 pips, instant market execution support etc.

  14. #14
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    Dec 2020
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    Asia
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    Quote Originally Posted by Steve Martin View Post
    By millions of traders scalping is a trading type favored. In Forex market today mostly, traders are now using this scalping trading type because it is easy and profitable. But the broker is the main thing to get proper support of using scalping. Tpglobalfx is my trading broker and I have chosen them to get proper facilities to use my scalping trading. I have lowest zero spread from 0.01 pips, instant market execution support etc.
    Each trader has a different type of trading style so he need to understand that and then start doing his trading for getting the profits from his trades.

  15. #15
    Join Date
    Feb 2021
    Posts
    15
    Working with the same functions and strategies, everyone will get their own style and trading, it all depends on our emotional approaches and on our understanding.

  16. #16
    Join Date
    Feb 2021
    Posts
    9
    In reality, a trader should learn to create his own trading style, trade exactly as it will be profitable and convenient for him, and not try to copy something someone else's.

  17. #17
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    May 2020
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    I believe that a trader should sensibly assess his strengths, because forex is far from the easiest option to work, and you just need to understand this.

  18. #18
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    Dec 2020
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    Asia
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    Quote Originally Posted by malopis View Post
    I believe that a trader should sensibly assess his strengths, because forex is far from the easiest option to work, and you just need to understand this.
    When a trader is doing his trades he needs to understand that trading will start giving him the required profits only when he will put in the required Efforts.

  19. #19
    Join Date
    Jan 2021
    Posts
    346
    here we can say that while doing his job, a trader must understand every step, because then there will be problems in further work

  20. #20
    Join Date
    Aug 2020
    Posts
    46
    In trading in the forex market, we gain from a certain experience, and thus, we develop our skills, our own trading style and our approach to a situation that can affect the result.

  21. #21
    Join Date
    Jan 2017
    Posts
    984
    In Forex trading, we the traders have to be professional if we want to get maximal result from this volatile trading place. and for being a professional trader we the traders have to pass a long time period for acquiring most powerful analyzing trade knowledge which is really supportive to predict the faction of this market with certainly. And besides this also important to keep trading discipline with great money management.

  22. #22
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    Dec 2020
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    Asia
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    Quote Originally Posted by John Miller View Post
    In Forex trading, we the traders have to be professional if we want to get maximal result from this volatile trading place. and for being a professional trader we the traders have to pass a long time period for acquiring most powerful analyzing trade knowledge which is really supportive to predict the faction of this market with certainly. And besides this also important to keep trading discipline with great money management.
    We have to spend some time into doing this business and understand the risks associated with it. If we can manage them our income will also become better and increase.

  23. #23
    Join Date
    Jan 2021
    Posts
    35
    Gaining experience, and your own trading style, and approach to the department of statistics, and this gives good results.

  24. #24
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    May 2020
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    1,473
    A trader is far from such a simple profession as it might seem at first glance. To realize the goals of the trader, you need to make a lot of real effort.

  25. #25
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    Dec 2020
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    Quote Originally Posted by malopis View Post
    A trader is far from such a simple profession as it might seem at first glance. To realize the goals of the trader, you need to make a lot of real effort.
    Forex traders will need to use a trading based system that is easy for them to understand and use for making the profits.

  26. #26
    Join Date
    Jan 2021
    Posts
    346
    I agree that each trader should have his own system according to which he will work, or even an order, because you need to plan your work in order to achieve better results

  27. #27
    Join Date
    Aug 2017
    Posts
    1,326
    Forex is a sea of money. If you can swim and survive in that sea, you will become rich. To survive and earn money from the forex market you have to be well educated and you have to know all the techniques of forex properly. By taking right decision at right time on right place you can earn a lot money. To earn more money you need to choose a broker which can help you to take right decision and make profit easily. I am currently trading with Forex4you. They always help me to take important decisions and help me to make profit easily.

  28. #28
    Join Date
    Dec 2020
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    Asia
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    Quote Originally Posted by Kees Bekker View Post
    Forex is a sea of money. If you can swim and survive in that sea, you will become rich. To survive and earn money from the forex market you have to be well educated and you have to know all the techniques of forex properly. By taking right decision at right time on right place you can earn a lot money. To earn more money you need to choose a broker which can help you to take right decision and make profit easily. I am currently trading with Forex4you. They always help me to take important decisions and help me to make profit easily.
    Foreign exchange market is a very big and international market so we will need to monitor the currency pairs so that we are able to understand the current market trends

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