I think this broker has quite tolerable bonus fulfillment terms. One lot transfers 3$ bonus funds into the real money. For example, with a 50$ bonus money you need to trade on 50/3–17 lots. I think it's quite reasonable. Other brokers sometimes have much more. And if you haven't fulfilled the...
A scam broker will offer you fake bonuses and whenever you find something unrealistic on the Forex market, you need to keep it away. Many people lose their money due to their greed towards the bonuses. So, make a decision of choosing a broker after complete satisfaction of your own. Thanks
You can trade as low as the lot size of 0.01. It depends on the capital of your account that which lot size is more suitable for you. According to the experts, you need to spend 2% of your capital on a single trade. You money management must be based on it. Stay blessed!
It is not easy to handle losses in life. You need to realize that handling losses could not be taught. You have to learn it yourself. You need to build a character that is strong enough to deal with them. There are countless people who get discouraged by facing some losses and failures.
Emotions will kill you if you let them control you in the trading. You need to have a strong grip on them. The most common emotions are greed and fear. For your own sake, don't let them make the decisions for you. I know it sounds hard but you can atleast give it a shot. Hoping for your best.
There are many reasons traders fail in forex trading. One of the biggest reasons traders fail in forex trading is due to the fact that they get impatient while trading. They need to realize this thag forex trading is for the calm and collective. You don't need aggression in this platform.
When I was trading another broker, I never used to bonuses. And on the forex optimum I decided to use the deposit bonus. I think getting a 50% bonus to your deposit is a pretty good offer. But you can get them only starting from 100%.
There will be many losses in your forwx trading life. You just have to live with them. The best way to handle losses is to never take them personally. Think of losses as learning curves for your future ventures. Don't lose hope of forex trading and quit it just because of some losses.
I think Forex trading requires assistance and inspiration both at the same time. These forums help you to consult all matters related to the Forex market with other fellow tradera who have more experience and knowledge than you. Am I right?
Over trading is the biggest mistake that a trade do for devastating his capital account. You have to trade low, concise, and analytical. It is not a wise thing to put yourself in more uncertainity as far as I think. So, always stay away from overtrading. Thanks!
When you are trading you should be relax, calm and also be patient. You should have to control your emotions while trading mostly when you suffer from loss. Don't be hyper when loss happens because when you are hyper you can't be able to take a right decision.
Of course, you risk less with shares, than with crypto for example. But you should still be careful. It's great, if you have info about the company from the inside. Otherwise you risk to have a big drawdown too.
you do not have too much margin of mistakes on the forex market as it is the game of profit and loss. A single mistake can take you farthur away from your current position. So, most beginners do not realize the severity of the market which is a huge mistake. Am I right?
It's quite difficult to manage losses, especially when you've only started trading. It's important to prepare yourself correctly psychologically-wise, it helps a lot. It's also better not to get upset but instead work on your mistakes and draw conclusions.
If you are intending to join the trading world then you have to get yourself educated. It is the first and foremost step of your trading career where you need to focus high. Your success is directly proportional to the market knowledge. Do you have enough knowledge? If yes, then you can live up...
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