Julius
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Posts posted by Julius
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There is fear in the beginning, but then it becomes dull if the trading's going in the right direction. But then it comes back when the trader starts losing money. And then even making a single step gets really hard for the trader.
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You need to stay calm as this Forum management will try to fix your issue as soon as possible. Moreover you need to restart your browser and interenet connection for fixing this issue. Never enter the forum with active adblockers. You also need to read term and conditions properly.
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Life is not enough to practice all strategies. But the best thing is to understand how it can help in trading and then apply it.
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I agree, you shouldn't rely on a fortune or anything else. You'd better do serious things on a way to trading: learning, analytics and constant market analysis.
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We need to take a pattern by professional traders because they really make a lot of money every day. However, they contributed a huge effort in it.
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Generally, fear comes from failures. It means that a person starts losing more and more money on trading. The person gets disappointed but still keeps trading but now he/she has a fear.
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The thing is that there is about 90% of traders who constantly have losses and work in minus. Only 10% of all traders make profit. That's the true thing.
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Depends on a trader. There are a lot of traders: successful and unsuccessful, with good practice and little one. People are different with different character.
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As a result, a trader needs to try several methods, which don't give him/her enough profit, before he/she finds a proper one.
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Not all of the traders are aware of this information, they even don't categorize it. Over and over again I come to an understanding that there are so many traders who need to complete training again as they make big losses due to the lack of solid knowledge.
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Actually, all traders do have opportunities to make a good profit, but for some reason, there are some of them who are stuck it one place without an understanding how lucky they could be.
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If a trader doesn't want to risk, then it's better to invest that amount of funds, you are not afraid to lose. It's necessary to understand, that if it's not a big sum of money, then the profit won't be that high.
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In my opinion, everyone can start trading, it's not forbidden, but it's necessary to understand what you are doing. In order to keep on with a positive balance, you will need to have a knowledge base.
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You need to track your losses. It almost inevitable to avoid making losses, however, it's possible to minimize them. Also, it's better to learn from the mistakes that previously lead you to losses.
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Without patience it's difficult to achieve any results while trading on Forex. There are some traders who are more active, those ones who don't like to wait. However, the level of the profit relates to their activity, which means that losses are higher than the profit.
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Successful traders are not always the most active ones. You can take an active trading position on Forex, however you should stay smart, don't invest all your funds. More analysis is needed.
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I think that there are a lot traders who contributed money and time to learn how they can trade on Forex. So now they sacrifice other resources as well for trading on Forex.
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I have heard that similar trading strategy was used some time ago, however, for now, there is no point to implement it. It's totally unpractical, moreover, there are much better trading strategies.
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I suppose that trading on cryptocurrency at crypto exchanges is a profitable deal as it has a higher volatility rate in comparison to Forex market.
Forex Trading vs Cryptocurrency Trading
in General Forex Discussions
Posted