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What's your experience in forex?


tprhzm2009

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But as long as we're still doing trading forex, we will get many experiences that we can use to evaluate ourselves so we can do a better trading in the future

Yes, as long as we do that, experience will come to us. We'll learn of how to manage the emotion, how to make a right choice before open a position and so on. Experience also tell traders when to open and close the position, with all experience we've got i am sure it will change the way we trade so far and the good thing is you may upgraded yourself.

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Yes, as long as we do that, experience will come to us. We'll learn of how to manage the emotion, how to make a right choice before open a position and so on. Experience also tell traders when to open and close the position, with all experience we've got i am sure it will change the way we trade so far and the good thing is you may upgraded yourself.

 

 

An experienced trader know when to start his trading and when to stop his trading activity. If he is not able to control his emotion anymore, it's better for him to stop the activity and move it to another day.

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Experience is important in forex trading and therefore, we should be able to have a lot of experience, with a lot of experience will allow us to trade with the maximum. with a demo account we can experience increasing or follow contest demo

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But what is your experience in foreign exchange? is that a pleasing experience or even the worst experience you've ever got in your life? My experience with forex is mixed and this is why i feel that i'm better than before because i have been feel lose and also make profit in foreign exchange makes me somewhat more "wise" when decide to open or close the position and how to cope with loss.

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  • 8 months later...

An experienced trader know when to start his trading and when to stop his trading activity. If he is not able to control his emotion anymore, it's better for him to stop the activity and move it to another day.

 

For experienced traders emotions are not a factor. Because in my opinion they have learned to have control them. But you made a good point. A trader should also know that when to stop trading. Sometimes they forget this thing and does not go a step back to see what is going wrong with their trades.

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I am knows forex already long years ago, first time before joined in forex I am trading investing in HYIP which this is as high yield investment programme, but because all hyip sooner or later will turn to scam hence after reading from forum forex then learn forex again although first time knows forex from my young brother

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for a beginner trader, when he first joined in forex try to focus. focus is one of the important factors that must be owned by a trader. because not a few traders who choose quit from forex trading because it results in getting not corresponded to the expectations. therefore the trader wanted her to focus on how to manage his trades properly and correctly in order to get optimum benefit.

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Yes we need to learn with focus because without concentration hence will difficult to learn better, and also we need never give up in learning because if we give up hence usually we will never making money from this business, learning is compulsory task for every trader as long as still treat forex as their business

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Really, we should continue to focus and concentrate when we are running trading activities. Then it is important for the trader to maintain the psychological state he has. Because the psychological condition of a trader is very big influence on trading activities we have.

Yes of course we need focus and concentrate during trades, especually if we work as scalping trading and do manual trading we need focus and concentration because if we missing time opportunity also can losing right time to open entry, except already use ea might we can do something else and let ea will work
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I really agree with that. We do need more concentration and focus while doing trading activities. Then it is important for us to be able to improve our trading skills and skills to be balanced with the focus and concentration we have.

Yes concentration is required on trading activity,because in trading forex also need to analyze the trend market and we need to working with concentration especially when working as scalping trading, but if having long term plan trading hence also will make more enjoy on trading because need few day to finished one plan trading
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Very true, when in trading activities, traders really have to focus and can concentrate. It is in need for traders to be able to live their trading activities with the maximum. Therefore we must really be able to always improve the skills and trading skills that we have to be more confident.
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Very true, when in trading activities, traders really have to focus and can concentrate. It is in need for traders to be able to live their trading activities with the maximum. Therefore we must really be able to always improve the skills and trading skills that we have to be more confident.

We should having patience in trading also because forex is not easy way to earn, sometime loss making trader being emotion and here we need control these bad emotion, if we analyze the trend also need concentration and every tick price movement actually has hope and risk, so as trader also need reasonable target and put stop loss to manage the risk
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Very true, in the forex it will never have an instant, everything would require a process and hard work in order to generate profits and be successful in forex. Then it would be difficult if the trader followed the trading just because of luck.

Yes of course we also need to patient in trading because this is risky business and to making money from forex is not easy without learning hence will difficult because market always easy to changed and might we will facing with many failure if we can't control our decision
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Very true, having the patience factor is the main thing that is needed by the trader. Because then traders can be more concentrated and not hasty in making decisions. Because hurrying is too risky to use when in trading activities.

Yes right we need to be patience in trading and even loss also not too much angry and keep control our emotion properly, we should realize if not always we can analyze trend ahead precisely and when facing with loss also need patience and not rush because want to recover previous loss at short time, this is not good idea and often following by next loss
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Besides that also do not forget to do evaluation. Evaluation can also be one way trader business in developing its trading ability. By learning from experience that has happened, it can be a trader's motivation in developing his trading skills.

This is very important for trader to always making evaluation trades because it will giving good and valuable lesson for trader, because with making evaluation hence we can understand what mistake that already commited and then trying to overcome these mistake and not repeated again on next trading
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This is very important for trader to always making evaluation trades because it will giving good and valuable lesson for trader, because with making evaluation hence we can understand what mistake that already commited and then trying to overcome these mistake and not repeated again on next trading

Perform regular trading evaluations to help improve trading skills. Our mistakes when trading should also be more can be re-reviewed with the best possible to make us in the trading account can be more leverage. And remember also to minimize the risks that exist in our trading account in order to be able to survive in the course of forex trading and profits can be obtained

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Perform regular trading evaluations to help improve trading skills. Our mistakes when trading should also be more can be re-reviewed with the best possible to make us in the trading account can be more leverage. And remember also to minimize the risks that exist in our trading account in order to be able to survive in the course of forex trading and profits can be obtained

Discipline is very important on trading forex because with discipline hence we can manage our risk properly and avoid greedy on trading which usually only causing failure on trading, and we can always making evaluation trades from our mistake and if we can overcome these mistake and not repeated again it will making better our trading skill,it will good for our experience on trading
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I really agree with that. We should be able to improve our trading skills in order to get better. In addition we should be able to apply discipline to trading activities that we have in order to become better.

Yes of course on daily trading we will always trying to improved skill and keep update the market and making plan trading, but as trader also need they having good mindset and enjoy on trading because forex is not easy way to get rich at short time
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Yes of course on daily trading we will always trying to improved skill and keep update the market and making plan trading, but as trader also need they having good mindset and enjoy on trading because forex is not easy way to get rich at short time

It should be traders can be ready when going to conduct trading activities with increased trading ability. To enter the business and to be successful must make preparations, starting with trading skills, risk handling, and so on, in order to minimize losses in the business and maximum in profit can be obtained

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