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What should be done by a good Forex Trader

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shasha_queen

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What should be done by a good forex trader ...
Making money in a trading environment that is currently trending is easier for many forex traders.
However, a strong trend and unstable currency pairs usually offer the best opportunity to use a low buy strategy then sell high.
Must have supporting factors namely Patience Looking for Opportunities in terms of adequate fundamental and technical analysis and being able to learn to change trading strategies according to the market.

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#1 - February 13, 2019, 10:09:49 AM

nawwa thalorenz

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Quote from: shasha_queen on February 13, 2019, 10:09:49 AM
What should be done by a good forex trader ...
Making money in a trading environment that is currently trending is easier for many forex traders.
However, a strong trend and unstable currency pairs usually offer the best opportunity to use a low buy strategy then sell high.
Must have supporting factors namely Patience Looking for Opportunities in terms of adequate fundamental and technical analysis and being able to learn to change trading strategies according to the market.
in my opinion in trading the market is always stable, and sometimes we just mistakenly pay attention to the signal and setup available to find the best entry opportunity, but if at a fixed point changing the trading strategy is sometimes not good for the psychology of a trader, because technically it has been studied if mixed with new science will make a long time back to research again as a system trial. I think everything will be fine by looking for the smallest entry key.


#2 - February 13, 2019, 03:06:26 PM

Madealvin

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Quote from: shasha_queen on February 13, 2019, 10:09:49 AM
What should be done by a good forex trader ...
Making money in a trading environment that is currently trending is easier for many forex traders.
However, a strong trend and unstable currency pairs usually offer the best opportunity to use a low buy strategy then sell high.
Must have supporting factors namely Patience Looking for Opportunities in terms of adequate fundamental and technical analysis and being able to learn to change trading strategies according to the market.
That's right what traders do in general is to buy at cheap prices selling at high prices. But sometimes market movements are not as we imagined, even though prices have been so high we did sell the fact prices actually rose even higher.
For that we need a good strategy to overcome problems that are not in accordance with our predictions.
#3 - February 13, 2019, 10:21:11 PM

alfrz26

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Quote from: shasha_queen on February 13, 2019, 10:09:49 AM
What should be done by a good forex trader ...
Making money in a trading environment that is currently trending is easier for many forex traders.
However, a strong trend and unstable currency pairs usually offer the best opportunity to use a low buy strategy then sell high.
Must have supporting factors namely Patience Looking for Opportunities in terms of adequate fundamental and technical analysis and being able to learn to change trading strategies according to the market.
That simple indeed says trading only by buying low prices and selling at high prices. But it will be different when we face how the market actually is, sometimes we assume the price is the lowest and is the right position to buy, but a few moments later the price even goes down, the psychology is disrupted, and finally cutloss, as easy as that, must learn to understand the market, take into account all risks, understand technical and fundamental analysis and master how good money management.
#4 - February 13, 2019, 11:29:52 PM

bagaskara30

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Quote from: shasha_queen on February 13, 2019, 10:09:49 AM
What should be done by a good forex trader ...
Making money in a trading environment that is currently trending is easier for many forex traders.
However, a strong trend and unstable currency pairs usually offer the best opportunity to use a low buy strategy then sell high.
Must have supporting factors namely Patience Looking for Opportunities in terms of adequate fundamental and technical analysis and being able to learn to change trading strategies according to the market.
use the most stable pair first because to test patience first. avoid pairs that are very high risk such as the pound pair (GBP) because the movement is very prone especially if there is an impact news
#5 - February 13, 2019, 11:53:53 PM

Bayu maryanto

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Quote from: shasha_queen on February 13, 2019, 10:09:49 AM
What should be done by a good forex trader ...
Making money in a trading environment that is currently trending is easier for many forex traders.
However, a strong trend and unstable currency pairs usually offer the best opportunity to use a low buy strategy then sell high.
Must have supporting factors namely Patience Looking for Opportunities in terms of adequate fundamental and technical analysis and being able to learn to change trading strategies according to the market.
yes that's right sir ... in today's world many people are tempted by trading in market trading. because they only see the profit compared to the risks they will experience if they don't know how to analyze the market
#6 - February 14, 2019, 02:03:50 AM

blinkid

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Quote from: shasha_queen on February 13, 2019, 10:09:49 AM
What should be done by a good forex trader ...
Making money in a trading environment that is currently trending is easier for many forex traders.
However, a strong trend and unstable currency pairs usually offer the best opportunity to use a low buy strategy then sell high.
Must have supporting factors namely Patience Looking for Opportunities in terms of adequate fundamental and technical analysis and being able to learn to change trading strategies according to the market.
That should be done to become a good trader, of course, by continuing to learn and practice trading on an ongoing basis. Traders must be able to be patient and disciplined in applying the trading strategies they use. It has the ability to analyze the market well, whether technically or fundamentally. So, that traders will be able to maximize the profits they get.
#7 - February 14, 2019, 09:58:01 AM

Isna Yanti

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post according to the topic without breaking the rules that have been set by the admin, the posts must be good should not use dirty words and also the posts must build should not be dropped. thank you
#8 - February 14, 2019, 11:43:14 AM

zhamal andreal

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Quote from: shasha_queen on February 13, 2019, 10:09:49 AM
What should be done by a good forex trader ...
Making money in a trading environment that is currently trending is easier for many forex traders.
However, a strong trend and unstable currency pairs usually offer the best opportunity to use a low buy strategy then sell high.
Must have supporting factors namely Patience Looking for Opportunities in terms of adequate fundamental and technical analysis and being able to learn to change trading strategies according to the market.
it's right to get profits in trading we have to start first by looking for the best opportunities to make orders to benefit more than losses, and if we haven't found it we have to work more. thank you
#9 - February 15, 2019, 03:13:08 PM

aizafx

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Quote from: zhamal andreal on February 15, 2019, 03:13:08 PM
it's right to get profits in trading we have to start first by looking for the best opportunities to make orders to benefit more than losses, and if we haven't found it we have to work more. thank you
If we already found best setup trading, we can determine best momentum trading to enter and exit on the best time, profit will come easily, but sometimes when trader facing with loss, could make their emotion disturbed trading plan, you need to control emotion during trading.
#10 - September 04, 2019, 05:57:53 AM

Moveon

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when trading does need patience, in addition to stability in taking good entry opportunities.
#11 - October 09, 2019, 05:23:47 PM

ariezz

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to become an adept trader, we must learn how to trade properly and don't forget to apply what is mandatory in trading.
#12 - November 12, 2020, 08:43:03 AM

Sugeng Setiadi

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If you want to be a good and successful trader, you must be fully prepared, especially mentally, and also have relatively sufficient capital.
#13 - November 12, 2020, 02:11:13 PM

Libra

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what to do is focus on what you want to achieve and focus on lessons about forex trading itself. for example, if we want to achieve a target of a certain percentage per day then we must have sufficient strategy and capital to achieve it.
#14 - November 18, 2020, 06:11:22 AM

Rizky_Rizal46

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One of the things that makes traders fail is indeed the mindset and self-confidence, traders who don't have a good mindset will definitely find it difficult to progress and be successful, especially if they don't have great self-confidence.
#15 - November 18, 2020, 06:22:39 AM
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