Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



Upoctin

Member
  • Posts

    365
  • Joined

  • Last visited

  • Days Won

    2

Posts posted by Upoctin

  1. Forex trading can be successful with planning and hard work. Whenever you do any work, you should plan it first When you don't plan, you'll be able to do that work better and can also do that work well And according to their time, they will be able to do that work very soon Therefore, no matter what we do, we should first plan it
  2. What is important is that traders know how much money they can lose. Trading successfully requires knowledge, but without knowledge, you are gambling. Free knowledge can be found on the internet, or you can buy books to learn from. 

  3. Scalpers are forex traders who accumulate a small amount of profit (5-10 pip scale) using a strategy of opening and closing positions daily and repeatedly. This type of trading is also known as "scalping". Instead of opening two to four open positions in one day like a day trader, a good trader usually tries to achieve the default profit target. Positions are usually opened tens of times per day.
     
  4. Yes sir there is no substitute for hard work whether in Forex trading business or in other parts of life so we must concentrate on performing hard work in learning this Forex trading business and on practice on demo account to gain a lot of trading experiences so that we can become a successful trader one day and build up our career in this business.

  5. Trading with real money tends to help us learn faster than using a demo account to learn. In spite of that, we should practice with demo accounts as beginners to avoid exposing our real capital to the risk of high losses. No one can argue the importance of using a demo account before entering the real market... In terms of regulation and how to use, there is no difference between the two... There is only one difference between fake money and real money. The difference is in the way you trade. 

  6. You will never waste your knowledge. It will pay off sooner or later. The same goes for forex trading. When you have forex trading education, you will become a more proficient and experienced trader on the foreign exchange market. Without sufficient knowledge and education, trading in forex is pointless. With more knowledge of forex trading activities, trends, strategies, and tactics, you will be able to capture the market and be a successful businessman. 

×
×
  • Create New...