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chemstar

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Posts posted by chemstar

  1. In My opinion i don't you should be trading the news as newbie as volatility and spikes as u said occur. Leave it to those who are seasoned to trade during those times. Spikes in forex means sudden, significant change in value of a currency pair which if u try and enter the broker mite give you requotes or give you an entry far from what u intended and so less pips and in turn less profits. If you REALLY want to, u should do your due diligence and research news trading properly (e.g. from this website and others) to really understand news trading. It is not as easy as it looks. But getting back to my earlier point, do not trade the news. Learn and understand the forex market, find out the type of trader you are, whether a day trader, position trader or a swing trader. Whether you are an aggressive or conservative trader. From that find a method suited for you( which many are on this website from many kind traders who take the time out and share) and trade trade trade.......with good risk and money management. Its all about gathering pippy's consistently unless you are someone like George Soros (google him if you dont know him).......lol.........anyway thats all my babbling for now.

     

    I hope this advice will help you. take care and good trading.

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