Recent content by ArnavDeshmukh

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    Music to hear while trading? (if any)

    What's your favorite song for lifting your mood?
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    What is Spot Forex?

    immediate delivery of the currency pair at the current market price.
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    How to keep greed in check?

    I think it is good to step back of the market for a while and just watch it, and after that, re-enter for trading.
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    Music to hear while trading? (if any)

    I love music and always listen to it. but in different situations, different genera and types
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    currency pairs

    its timeless value.
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    currency pairs

    Gold, I think
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    Is it safe to send cryptocurrency between two forex brokers?

    Dear friend, I think such activities might be viewed with suspicion and potentially be against the policies of Brokers, and lead to monitoring or restrictions on your account.
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    the impact of fees and spreads

    Significant impact I think. If not managed effectively, may even turn profitable trades into losing ones.
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    risk management

    in my opinion a good strategy is to adjust your position size based on the volatility of the pair you're trading and the distance of your stop loss.
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    strategies you employ for executing trades

    I think we should choose trading strategy based on the market analysis and risk management, ensuring they fit the current market conditions and my personal goals. Regarding scalping strategy, I think it carries lots of risks.
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    trading the quickest way to get rich

    I have some friends who believe trading is a quick way to riches, but it's crucial to emphasize that trading requires discipline, skill, and a sound strategy for long-term success, not shortcuts.
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    Forex Trading Psychology: How Emotions Affect Your Trading Success

    I think these actions help you to control your emotions. To control emotions like greed and fear in trading, start by being aware of when these feelings come up and how they impact your choices. Then, create clear trading rules, including predetermined entry and exit points and stop-loss orders...
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    successful traders and unsuccessful traders

    Successful traders apply well-researched strategies and adapt to changing market conditions.
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    more profitable pair

    Investing has its risks, but with trading, a bit of technical analysis can go a long way.
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    more profitable pair

    but I think there are a lot of risks associated with cryptocurrency.
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