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pepen supendi
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using leverage well, a small capital will be put to good use, but it also must be the correct handling. if wrong bit, can get MC and mental became the stakes
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Learning Currency Trading – Part 9: NZD/USD
The symbol stands for New Zealand Dollar/United States Dollar. It tells the reader about the amount of US dollars needed to buy one New Zealand Dollar. In this particular pair, the NZD is the base currency and the USD is the counter currency.
General facts and information
The New Zealand Dollar/US Dollar pair is also referred to as the Kiwi. The NZD is one of the three major commodity currencies, the other two are AUD and CAD. New Zealand was crowned in the year 2005 as the world’s most favourable country for businesses by the World Bank. This small, scenic Island is not only politically peaceful and economically strong, but is also one of the most investment-friendly countries. Lately, it has made sure that it serves as a hub for businesses and investments by being extremely lenient in the regulations it places over business activities.
- See more at: http://goo.gl/N2kprg
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HiWayFX Forex Trading Accounts
HiWayFX is a global broker and acts as the medium between a trader and a network of banks. Before you start trading with HiWayFX, you need to consider certain guidelines to ensure efficient management of your trading account.
The first step requires you to register a forex trading account. Opening an account is actually very simple and is quite similar to opening a bank account. The types of trading accounts offered by HiWayFX are variable depending on your preferences. All of the trading accounts here give you a personal account manager, free economic calendars and educational videos. Also, for all accounts, the currency used for depositing is Euros.
- See more at: https://goo.gl/2k3mwp
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Top 10 Forex Trading Tips for Beginners – The Road to Success
There is a lot of information that will come your way about online trading on the internet and it becomes quite hard to process all that information at once, especially if you are a novice trader. It is therefore advisable to take the help of an experienced professional before you move forward.
The following tips will put you well on the road to success.
1. Learn the Basics First
Being hasty in this business can cause you a lot of problems. Be patient and learn about all the jargon associated with Forex trading first and then proceed to the next step. You should be well aware of the basics of the whole business and then progress on to learning about a Forex trading strategy. In my Introduction course I have given guidelines for beginners which might be of great help to you.
2. Learn one Trading Strategy, Stick to it
If you don’t want to lose money and sail your ship on false hopes then be consistent and stop changing trading tactics all the time. If you’ve faced a terrible loss while trying out some strategy then don’t bail on it. It is a quite common thing to have few losses before you begin to make some serious money. You need to be steadfast to excel in this kind of business.
3. Don’t get Overwhelmed
The prolific amount of information can lead you to wrong places. It is better to take the help of someone who knows the business well, a mentor, who could teach the ways and show you the right path before you set foot into the practical world.
- See more at: https://goo.gl/t7Ap8v
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i think mentor for trading forex is good, but with trust for ourself willl makes trading experience more expert. also when trader get a risk, they can hadle it with nicely, so a lot practicing makes trader going better
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for getting control over trading, trader must pass many trading process, so control of all aspects of trading well, it has included success in forex trading, we stayed maintain these results
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traders should get the profit that a lot if you want to live in forex trading, right?
to grab some profit isn't easy, many process must be passed by trader. doing many training in demo account and learning how to control your emotion. will makes trader more sharply on skill trading. be patience when doing the process can open a chance to success
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you need to loss to gain some experience, and in forex that's isn't easy to gain profit all time, bacause trading forex a lot of risk that have to passed for a good result, so with practice properly in demo account can reduce the obstacle can happen in trading
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I think, in selecting indicators must be understood by traders, so using 1.2 or more is up by its traders. if comfortable with it please just did. but I prefer one indicator used to understand deeper.
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nice tips, not all traders do step by step exercises correctly. then by knowing its stages will be more easily understood. in trading must be careful, because if one of trading, it could be a loss that would be obtained
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forex trading isn't easy job, many trader struggle when getting profit, there's many risk when trader doing a wrong action. so with the good intelligency and very good understanding of forex, the trader can be gain a profit nicely. to minimize the risk the trader should be control the emotion to process trading getting smoothly
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with demo account surely we can learning about forex and practicing in there, there is no risk because we use a virtual money and the result too. but when we want to opened a real account, the trader must have a good mentally and a optimal preparation, for a good result from forex
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the worst mistake have been trader make, is when trader get a many loss, but the money didn't from his/her own money, trader has borrow from other person for money injection for him/her self trading. and the trader can not return the money to the person. thats fault for reckless trader many cost have to pay back
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many trader want to be success in forex and can living with forex business, and they think forex business making a money with easy way. but not to easy to earning some money in forex, trader must have good strategy and strong mentally to keep survive in forex nicely. and that's need a long process to trader can living with forex fully
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doing trading forex without experience is more than throwing all your money, just believe with lucky will give you many loss result. without any preparation or market analysis, for the result is not going optimal, that can be disappointed your mental
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with combine all both, the market analyzing getting much accurately. with using optimally the trader wouldn't any obstacle with choosing a right moment when get open position. with the right decision, profit will be the final result
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by training regularly, trading skills will increase to gain more profit smoothly again, focusing on the analysis of the market will further facilitate the placement comfortable position to make the deal
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there's no way to eliminate the risk fully, but to minimize the risk there have a way to do it, with risk we learn how to manage it to going better. with many risk,trader gaining more experience in trading it is also the psychological in a good condition, so doing risk management are will get a perfect result.
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My experience in forex trading is difficult for the first try,many mistakes that I did before. But as pass of time, my trading skill going increase nicely and I'm getting used to it. with the results I obtained in forex trading , I will practice more be better than before
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I had less experience of using EA in trading .I normally prefer manual trading because I know what are my trading skills and need , according to this I open positions for trading .I can control my trades in time when I think now I should quit trading.
yes i agree with you, because when we use the EA, we're not going to get some trading experience, but many traders use EA because it can facilitate the work of trading in order to make a profit, it is also good EA that are tested. So how do we see it from, whether it is more comfortable to wear EA or manual
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with a lot of experience in forex trading, we are actually easier to get the desired results, do the correct analysis and waiting for the right moment to launch forex transactions. with all that thing we have, we can success on forex trading. but remember with the risk because in forex risks that can harm you and affected to your mental getting down
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