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keys to successful forex trading

 
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Dołączył: 06 Lut 2019
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PostWysłany: Nie Mar 24, 2019 9:10 pm    Temat postu: keys to successful forex trading Odpowiedz z cytatem

the following are also discussed some of the keys to successful forex trading.

While running this business there are several things that can become guidelines and even become the main key to the secret of success in forex trading. The main key is:

Understanding Candlesticks The basic forms, formation patterns and reversal patterns of candlesticks. what is a Candlestick and what is the secret of a Candlestick? You can read it in the writing of Candlestick Patterns.
"Trade what you see not what you think". Trade with what is seen on the chart and not what you have in mind and forecasts. that's one of the differences between trading and gambling.
Sell ​​at high and buy at low. Doing the basic principles of trade, namely buying when prices are cheap and selling when prices are high so that they get maximum profit.
Be patient and disciplined and diligent when trading. this aims to keep you calm in making transactions so you don't make mistakes that will cause a loss to your account.
Never stop learning. Never stop learning because. forex is a dynamic business and develops from time to time. as well as in the management of a company, at a minimum you must have qualified knowledge.توصيات الفوركس
Choose a good and tested trend and oscillator indicator. indicators are needed to help you read and analyze market movements. but if you are already proficient in forex business without using an indicator you can already analyze market movements.
Choosing the right high time frame for you, which is right is what is used by many professional traders. A good time frame is D-l, H-l and H-4 because it is more stable and does not move randomly (random walk).
Don't over trade or over lot. Always maintain adequate margin levels so that they remain safe wherever the price moves because in the end they will come back anyway.
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The key to success is also not only run in the Forex world, but also can be applied in commodity businesses, indexes and other futures trading. By adhering to these keys, hopefully you can succeed in this business just like other professional traders.
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