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Thread: adequate trading knowledge and proper skills

  1. #1
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    adequate trading knowledge and proper skills

    Forex is the prevalent currency market which is an over the counter market. So, a currency exchange trader gets the virtual platform to engage in trading with any amount since there are no standard investment criteria like an organized exchange. But she/he will necessitate adequate trading knowledge and proper skills about forex trading. because it is said that your learning is your biggest investment and core strength which will differ you from the fellow traders in this world market.

  2. #2
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    Well to be successful in this market only gaining knowledge is not enough. There are many knowledgeable traders but not many profitable traders. A trader needs a trading plan to become successful.

  3. #3
    I was misled, Do not exchange with FXPM ever!!!. They guarantee profit, yet everything you do is put more $$ in a lose. When I exchanged ($250) little I was up, they guaranteed for what reason not exchange bigger. I did and was negative from the first second. They said place more in to recover your cash, I attempted and no expectation!!! They pointed the finger at me rather than there amateurish exhortation. They said gold was going down So I trusted them!!! When I exchanged a Sell it went up and was Down for a considerable length of time until the point when I was 0%. They offered more Bonus$ which is horse crap to the exchange. You simply wind up losing it and the bonus still is on there!!

  4. #4
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    Quote Originally Posted by Sharon Peachey View Post
    I was misled, Do not exchange with FXPM ever!!!. They guarantee profit, yet everything you do is put more $$ in a lose. When I exchanged ($250) little I was up, they guaranteed for what reason not exchange bigger. I did and was negative from the first second. They said place more in to recover your cash, I attempted and no expectation!!! They pointed the finger at me rather than there amateurish exhortation. They said gold was going down So I trusted them!!! When I exchanged a Sell it went up and was Down for a considerable length of time until the point when I was 0%. They offered more Bonus$ which is horse crap to the exchange. You simply wind up losing it and the bonus still is on there!!
    I hope you have learned some valuable lessons from it. No one can tell with certainty that where price will go. They can say something based on their analysis. It was your mistake to blindly trusting others forecasts and trading based on them. From here on learn to forecast on your own. And even if it is wrong then move ahead with it. Over time you will improve.

  5. #5
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    Forex is a serious investment market. Those who came to this market as hobby, I don’t think they can survive long. Many losses their saving but few are earning money from forex trading. Trading success need time. So, trader need to wait and learn about the market. I am a forex trader too and I am trading with Forex4you since 2016. I am mainly focus on learning rather than making profit.

  6. #6
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    Quote Originally Posted by Remo Dsuza View Post
    Forex is a serious investment market. Those who came to this market as hobby, I don’t think they can survive long. Many losses their saving but few are earning money from forex trading. Trading success need time. So, trader need to wait and learn about the market. I am a forex trader too and I am trading with Forex4you since 2016. I am mainly focus on learning rather than making profit.
    Forex trading is not an easy business and it requires us to know about the trends that are present in the markets so that we can get to know about the trends that are present in the markets and use them. forex forum will help us in understanding about the trends.

  7. #7
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    Learning forex trading is a dream of many people. But they don't know how to learn forex trading. I also faced that problem. Than i heard about demo account. I opened a demo account in TP Global FX. It helped me to get knowledge about basics of forex trading. they helped me so much to become what i am now. It is quite helpful to learn forex trading by a demo account.

  8. #8
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    Quote Originally Posted by Randy Martin View Post
    Learning forex trading is a dream of many people. But they don't know how to learn forex trading. I also faced that problem. Than i heard about demo account. I opened a demo account in TP Global FX. It helped me to get knowledge about basics of forex trading. they helped me so much to become what i am now. It is quite helpful to learn forex trading by a demo account.
    Forex trading will require special trading skills as we have to do our trades with Profits. It is not an easy task and actually requires a lot of efforts. This is why we need to learn trading with the help of the Demo trading accounts first.

  9. #9
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    A trader enter into the forex market to make money. Investing in forex market is very risky. But if you have all knowledge about forex, it will help you to minimize the risk. In forex market there are various types of trader. Some are technical and some are emotional. Their perspectives are also different. Those who trade emotionally can face a big loss. Some traders trade in forex market to make profit quickly. These greediness put them in danger. There is no place of greediness in forex market. The more you trade patiently, the more possibility to become successful trader. Greed can be the cause of a big loss of your investment. I trade with Forex4you. With them I trade technically and patiently. So, I earn slowly but make profit consistently.

  10. #10
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    Hedging sometimes protects traders from breathtaking market situation. However, it sometimes puts traders in a dilemma.That’s why Eurotrader provides traders the flexibility of applying any type of strategy on their trading platform.

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