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About e_abrams

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  1. One needs a lot of experience and discipline as well.
  2. The unfortunate truth is that most beginners lose money. It happens because they are still ignorant and inexperienced and it happens because they often get scammed by bucketshop brokers. It's a huge problem in the industry.
  3. That seems pretty interesting, I will check it out.
  4. I think maintaining a trading journal helps greatly with that problem.
  5. I wish I could say the same. I still make mistakes under the influence of emotions.
  6. The main reason why people prefer a regulated broker is to avoid being scammed. Scam companies are ubiquitous in this industry, unfortunately, the best way to avoid them is to work with a company licensed and overseen by a reputable government regulator.
  7. The video in question does not seem to exist anymore.
  8. Indeed. Strive to learn from your mistakes, not to repeat them all the time.
  9. True. Technical analysis is a very useful tool that should never be underestimated, I think.
  10. Which two components? Experience and training?
  11. Where are they regulated? I have not heard of them before.
  12. Most people can't really move onto fulltime trading. The majority of traders, are, in fact, losing money, according to financial regulator statistics. Becoming a fulltime trader is a pipe dream for most people entering this industry.
  13. I think even experienced people need to be careful. Recklessness has serious consequences in this business.
  14. Certainly. What is more, it's a good idea to have some understanding of fundamental analysis as well.
  15. Personally, I think it is entirely impossible. Unless it's a fluke, but that's gambling, not trading, and it rarely happens twice.
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