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Start with small steps

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Many traders are not only beginners when they are in the forex business, there are things they really want to achieve, namely profit, well, the problem is that the profit you want to get is not half-hearted. Once in a workshop, the moderator asked the participants to make a target to achieve what percentage and average participants wrote above 200 percent and some even wanted a profit of up to 500 percent.
There is nothing wrong actually because in the forex business profit is free but do you realize that with such a large target it will only become a burden, it takes extra hard work to get that big profit not to mention if the target fails to be achieved, usually the ambition of the trader will be more and more smoldering so that instead of the target of 200 percent obtained by capital, it will disappear up to 100 percent.
Instead of being burdened with unrealistic targets and worrying about high targets, it's better if we just divide those targets into smaller realistic but complete targets, so trading becomes calmer and more comfortable.
Starting with small steps but continuing to move is much better than having to run but having to fall and stop feeling the pain.



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#1 - December 01, 2021, 12:17:55 AM
« Last Edit: July 25, 2024, 08:18:48 PM by Admin »

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agree with what you said, it's better to take a long time to be a hill rather than a lot of lots but sold out. Another advantage when using a small lot is a little psychological pressure and can recover if the analysis is a bit erratic or we can't enter the second because the correction is a bit far from our analysis, so that it can reduce the loss during the first entry if it is in accordance with the analysis
#2 - December 01, 2021, 01:54:01 PM

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In fact, if trading is a big reward, the risk that is borne is also big. because it is directly proportional to what he gets. if you are too focused on the target, usually trading itself is often negligent and many of the rules that have been made are violated by themselves, so the results are less than optimal. trading people if he thinks for the long term, of course, will be more concerned with account growth, not daily profit targets. account gowth and daily targets are different.
#3 - December 01, 2021, 01:54:45 PM

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A person's journey is different, if in forex there are many stories of successful traders and very inspiring, sometimes there are traders who know forex and once they lose, they immediately stop trading. but another time the trader returns to the world of trading again and tries to continue to hone the knowledge that is still minimal so that his knowledge is sharp and makes trading successful.
#4 - December 01, 2021, 01:55:31 PM

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The small steps referred to here are learning from the will first by reading the information and learning small things such as the right way of analysis or how to maintain financial management properly because it will all affect the way you do things that are important
#5 - December 01, 2021, 02:07:51 PM

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indeed everything starts from small things and I think in tradingbforex if so, we should also get used to using small lots before using big lots.
#6 - December 01, 2021, 09:42:06 PM

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Starting small is a good thing. When someone wants to trade foreign exchange for the first time, that person has to do what is called practice, be it practice using a demo account or practice learning techniques so that they understand how to do it
#7 - December 03, 2021, 06:50:25 AM

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small steps will make us move forward and will make big steps, everything big starts from small things
#8 - December 03, 2021, 02:08:13 PM

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Starting something small is a good thing when beginners want to do foreign exchange business so they have to start small that is practice using a demo account when they have practice and know. How can it be continued using a real account with a small deposit
#9 - December 04, 2021, 07:48:39 AM

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indeed we have to start with small steps, such as trading capital, we should not immediately use large capital.
#10 - December 04, 2021, 02:10:03 PM

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Learning to understand forex and how it works is a very good first step in pursuing forex trading. It is not enough just to have basic knowledge but also to have a humble attitude, not to be greedy, to have good character in treating forex trading, not as gambling.
#11 - December 05, 2021, 11:09:02 PM

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Small steps, small capital fortunately must be small, but whatever the smallest is what we get, don't be discouraged, must be able to accept it with pleasure, the point is, just be patient, who knows in the future it can be big
#12 - December 05, 2021, 11:10:26 PM

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starting something small is a good thing because indeed when you can't use something small by using something big then you will have difficulty in the middle of the road
#13 - December 06, 2021, 02:16:12 AM

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Starting with small steps is the result of what we do for forex trading because for us we immediately do big things that will not be able to make us more disciplined. I didn't have anything small like learning to use a demo account like setting up or making a trading plan
#14 - December 08, 2021, 10:25:57 PM

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indeed we should not go big all at once, successful people always start with small steps and of course this is highly recommended.
#15 - December 08, 2021, 10:29:55 PM

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