Recent content by ImogenBeaumont

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    successful traders and unsuccessful traders

    I can say the importance of effective risk management.
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    How to keep greed in check?

    I think you can practice mindfulness and emotional control techniques to keep greed at bay.
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    currency pairs

    Based on what I believe and what my friends told EUR/USD, USD/JPY, GBP/USD, and USD/CHF seem good.
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    risk management

    In my opinion yes, it helps us manage risks and limit the losses.
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    risk management

    I heard and read in the forum about stop-loss and tried to use it.
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    Where to start

    Dear Dutchy86, The good way for learning is by understanding the basics of line, bar, and candlestick charts, and familiarizing yourself with key patterns and trends they show. Then, practicing with a demo trading account while utilizing online educational resources.
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    what is your leverage when you trade ?

    Yes, I did some research on brokers with high leverage and found that some offer leverage as high as 1:3000
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    margin calls

    I think the stress of margin calls and overleveraging is a common experience. I often experience stress in such situations, but I strive to manage my emotions and maintain a disciplined approach to lessen potential losses.
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    more profitable pair

    My trades are mostly in EUR USD. I can say that I profited from it and made the most of it. Small lot sizes are usually what I try.
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    What is a forex broker?

    I think you're spot on! It's your trading performance and profit that matter most, not just your broker's activity. Stay focused on your own success!
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    how to learn better....

    Thanks for the advice. I'm now getting help from Baby Pips and other communities. Thank you Komondar.
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    trading the quickest way to get rich

    Without proper strategy and patience, this approach can be more risky than rewarding.
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    What is a forex broker?

    The question that arises is, "Is it important for a broker to be active?" Regardless of how much effort it puts into expressing itself, does it truly make a difference?
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    how to learn better....

    Because a demo account allows traders to practice their strategies without risking real money, giving them a risk-free environment to understand market dynamics is so practical. It also helps in building confidence, refining techniques, and assessing the viability of trading strategies before...
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    how to learn better....

    I appreciate your great counsel. I think it's a wise viewpoint. as well as the value of taking lessons from communities.
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