Hi oranika and sorry for the late reply. I am not the author of the article but the Community coordinator at the Forex Championship and this was one of the article of one of our bloggers. I am a bit like dianethare and I like to take my time to take decision. However we know that in the Forex Market you have to make quick decisions....
Those 7 tips are a good place to start, but you should never limit yourself to a set way of doing things. Be "open" and be creative. Holding yourself back to a simple way of thinking like that does just that, it holds you back. The fact is, there is no "way" of doing things. This world is ever evolving and you need to evolve with it. Be creative, the one piece of advice people can grow with.
The information is good. I think we should study and practice it immediately, it is very good content. Thanks for sharing. I hope test it.
To become a trader is easy but to become a successful trader is tough. If you want to become a successful trader, you need patience, desire, luck and most importantly a bunch of knowledge about forex. You need to take right decision on right time. You also need a support while trading in the market. I use Tpglobalfx as my support. It always helps me to take right decision on right time at right place.
The key is to understand how it really works and who is right to work with. I was losing funds to a broker and by the time i realised it, i had already lost $52000 which was over half of my savings. I met a friendly trader and she directed me to the recovery agent Mr Bart Kasch. He helped me recover all my money, every penny. Referred him to friends and colleagues already, you can contact him if you need help at [email protected]
The traders who are particularly newcomers always exciting about bonus offer. But the bonuses we get from our trading brokers practically cannot use at all due to margin stop outs.
Confidence is good but overconfidence is worst. I saw several traders showing overconfidence over their signals and they ended up losing. Fear keeps a trader away from trading and it’s really a threat. Eurotrader provides a perfect trading interface free of slippage and dealing desk.
Psychology is the result one’s long-time way of thinking and observation and I know it’s hard to mend it. Some traders belong to such psychology that always inspires them but others belong to such psychology that discourage them always. On the platform of FXOpulence broker, you can apply all types of strategies without facing any restrictions.
