Because most experienced traders have trained their trading skills in demo account, built their trading system and evaluating their system. But some newbies ignoring the importance of this training ground...
That's how the risk management works. And to be honest, I have no meant to pride myself with my current trading status. But my own goal to achieve is to gain more profits than losses. I know I couldn't avoid losses in this business, but at least a proper risk management should be helpful to...
Personally, I put Stop Loss just few percent from my actual capital. It should be more than enough to know the risk (loss) first than to regret it in the end...
Let’s get one thing straight,
PARTIAL ARTICLES ARE NOT PERMITTED.
Post it all or don't post any of it. The FPA does not permit "teaser" type items.
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50-75 pips in a week is the recent target for my trading and I always suffer 10-15 pips losses. But it's an ok for me, a constant pips in a week gives me a constant income. We humans have greedy passions and it's okay. As long as we are able to control that greed, we could improve our weekly...
Take a journey in demo account how see how forex trading works, then learn it. Don't get yourself overwhelmed with any suggestions from another traders before you try it.
You may looking for several broker's demo account to see their performance for you trading activity (such as server's execution speed, spreads, etc). Take your time to try them one by one and you'll find a suitable one for you.
Happy trading, buddy. First thing you have to understand about forex trading is : It's not a gamble and you're not gambling. You're allowed to analyze with any kind of methods before you're about to execute a trade. Both fundamental or technical, it's all up to you.
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