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Forex Zone - Forex Forum
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Forex Education
Consistent Profit With 5 Simple Tips
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Consistent Profit With 5 Simple Tips
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Re: Consistent Profit With 5 Simple Tips
Dyandra
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There are many ways to consistently get profits, but the most important thing here is to know what the risk limit is and set a risk limit every time you open a position, usually no more than two percent for one open position because that will make your risk small.
#271
- September 13, 2023, 02:59:59 AM
Re: Consistent Profit With 5 Simple Tips
Vernalta
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when you want to be consistent then you have to be able to trade with risk limits well because limiting risk and learning how to withstand risk is important so that your money is safe
#272
- September 14, 2023, 03:06:40 AM
Re: Consistent Profit With 5 Simple Tips
Dyandra
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Actually, when you want to be consistent, it's simple. You have to know what your risk limits are and you have to be able to set a risk limit for your open positions. You have to be able to patiently wait to open the right position according to the momentum and never give up and always use your trading plan.
#273
- September 15, 2023, 02:51:48 AM
Re: Consistent Profit With 5 Simple Tips
Vernalta
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One way to be consistent is that apart from using realistic targets, you must also be able to limit your own risk. Limiting risk is important so that you can manage your own finances stably.
#274
- September 16, 2023, 03:14:09 AM
Re: Consistent Profit With 5 Simple Tips
Dyandra
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The more careful you are to limit risk and the more you know how to create a stable risk, then when you trade you will be comfortable and calm even if you fail because in my opinion limiting risk is very important
#275
- September 17, 2023, 03:42:14 AM
Re: Consistent Profit With 5 Simple Tips
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Re: Consistent Profit With 5 Simple Tips
Vernalta
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to be consistent, the first thing you have to do is be patient to learn, when you can be patient, later you can focus on trading and the second is to learn to limit the risk, so the smaller the risk you use, the better
#276
- September 18, 2023, 02:10:40 AM
Re: Consistent Profit With 5 Simple Tips
Dyandra
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One of the best ways to keep yourself calm when trading is to create a risk limit. First, create a risk limit. First, you have to know how many percentages of risk you will apply, but not more than 10%.
#277
- September 19, 2023, 02:14:05 AM
Re: Consistent Profit With 5 Simple Tips
Vernalta
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A risk limit is important for us to utilize when we trade forex. We must be able to set our risk limits well and realistically. For example, you set a risk of 2% or 5% or 10%. It's all up to you.
#278
- September 20, 2023, 01:36:54 AM
Re: Consistent Profit With 5 Simple Tips
Dyandra
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When you can set risk limits well, when you trade forex, everything becomes more comfortable and ensures that all of these things make you more focused on improving your own management.
#279
- September 21, 2023, 02:29:35 AM
Re: Consistent Profit With 5 Simple Tips
Vernalta
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When you carry out trading activities, setting risk limits and knowing where your risks are is very important because limiting risk will be very important for us to get consistent results.
#280
- September 22, 2023, 02:26:32 AM
Re: Consistent Profit With 5 Simple Tips
Dyandra
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We are required to be able to limit risk because by limiting risk we will not lose money even if we fail, therefore we have to know how much our risk is and don't let it be too big, don't exceed 5%.
#281
- September 23, 2023, 03:00:21 AM
Re: Consistent Profit With 5 Simple Tips
Vernalta
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I really agree with what you say because I think limiting risk is very important and knowing how much risk you use is also important because the smaller the risk you use the more accurate your capital will be.
#282
- September 24, 2023, 03:17:35 AM
Re: Consistent Profit With 5 Simple Tips
Dyandra
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If you set a risk limit, it will be easy for you to set a strict risk so that it will help your open position always be safe and of course your capital will also be safe.
#283
- September 25, 2023, 02:49:19 AM
Re: Consistent Profit With 5 Simple Tips
Vernalta
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making a risk limit is mandatory because when you make a risk limit and you know how much risk you will use it will make you stable and make sure you make a risk limit by using a stop loss
#284
- September 26, 2023, 02:34:02 AM
Re: Consistent Profit With 5 Simple Tips
fxVirtuoso7
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As I learned before, you can learn these 5 tips:
Develop a clear trading strategy (including risk management)
Beware of emotional trade, so emotional discipline is crucial.
Backtest your trade
Diverse your trade
Set appropriate trade size
Maybe you can explore those tips through this link
https://insights.primecodex.com/achieving-profit-consistency/
#285
- September 26, 2023, 02:43:43 AM
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