Select Trades Carefully!

Discussion in 'General Trading Discussion' started by TraderAnalyst, May 5, 2019.

  1. TraderAnalyst

    TraderAnalyst Senior Investor

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    Forex is a challenging field for traders. Therefore, one must select trades very carefully for if you don't take the right decisions, you cannot succeed in trading.
     
  2. J_C_Anderson

    J_C_Anderson Senior Investor

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    For sure, it is quite important to pay attention to selection of the trades and enter only in case if the necessary setup is present. This approach would help trader to avoid losses caused by unreasonalbe trades caused by lack of discipline. At the same time, it is important to keep in mind that if the rules would contain too many restrictions, the number of trades would decrease, so the trader could probably reduce the number of the winning trades to. That is why it is important to find the right balance in details.
     
  3. Andris

    Andris Active Member

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    For a fact it is too challenging. I see many traders complaining of losing money on a daily basis. Some see it as gambling, others see it as serious business. For me, it requires hard work a determination to succeed as a trader. Everyday I trade or draw a line on chart monitoring the market. Forexchief broker makes all trading easier with fast execution, low spreads, low commission and all that. It requires work and the right broker to succeed as a Forex trader.
     
    Last edited: May 16, 2019
  4. Brentwood

    Brentwood Senior Investor

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    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]
     
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  5. Lisa Maria

    Lisa Maria Member

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    You have to make a proper plan to make your investment successful. A wrong decision can put you in great loss. In that case you can take suggestion or advice from a reputed and reliable financial adviser like AtoZMarkets. They can help you by providing brokers review, cryptocurrency analysis, forex analysis and many more information.
     
  6. Linda Smith

    Linda Smith Senior Investor

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    Every traders want to make profit from the forex market. Making profit is not easy at all. Those who has enough knowledge about the market and the trade can make profit. Sometimes broker can be helpful to make profit. I always trade with Tpglobalfx. It helps me to take decision about trading. By help of this making profit is little bit easier for me.
     

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