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The Best Time to Become a Trader


analyst75

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Its depend on trader that if they open long term trade then trader need to select H1 and H4 time frame and if trader need to open short term trade then trader need to set 1 min & 5min time frame for trader.It is important that when trader open trade with analysis and strategy bases then their time frame working perfectly otherwise just one the base of ideas that trader never get good result from time frame.

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Each trader uses a different style. In order to use the scalping style properly, you should use a smaller time-frame, such as M5 or M15. The intermediate time-frame, such as H1 or H4, can be used for intraday trading. Swing traders can use the large time-frame, D1 or weekly, for their trading.

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How to select a reliable forex broker, and what are the main criteria should I look for in a broker before deciding to trade with it?

Is there any best time for a person to become a trader in forex, and how can beginners know when is the best time to invest in forex?

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2 hours ago, Vaabum said:

As for me, it's never too late to become a trader. It would be great to do it as quickly as possible. But, training is still worth paying attention to.

If we are looking to become Expert traders in this business we will need to use such types of Trading systems that are more reliable.

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On 7/29/2021 at 11:34 AM, ThomasFernandez said:

When is the best time to become a trader, or when can a trader start live trading?

I don't think there is a "best time" for it - it depends on you. You should start live trading after you have learnt the basics of trading and you are good enough to make consistent "profits" on a demo account. Just be careful when switching from demo to live because it can be a bit more difficult.

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