Forex Tips

[Fahad MD]

There is nobody who can predict the real faction of this market with certainly , so fear is expectable but not greed which can be dangerous when trading practically.

 

[samesheet]

 

While it's not possible to predict the market with absolute certainty, skilled traders use various tools and analysis techniques to assess probabilities and make informed decisions. Technical analysis, fundamental analysis, and sentiment analysis help traders gauge potential market directions based on historical data, economic indicators, and market sentiment. I think it's possible to achieve consistent 60-65% win rate for average trader.

[Guest JulietteGirard]

Absolutely. Most traders, especially new ones, end up blowing their accounts due to greed and a lack of market knowledge. Trading requires patience and emotions should be kept out of the equation.

[samesheet]

Absolutely. Most traders, especially new ones, end up blowing their accounts due to greed and a lack of market knowledge. Trading requires patience and emotions should be kept out of the equation.

 

Absolutely. Most traders, especially new ones, end up blowing their accounts due to greed and a lack of market knowledge. Trading requires patience and emotions should be kept out of the equation.

 

Many traders, especially newcomers, often blow their accounts due to a lack of proper risk management and emotional control. They may overleverage their positions, ignore stop-loss orders, or let emotions like fear and greed dictate their trading decisions. It's crucial to have a solid trading plan, stick to risk management principles, and stay disciplined even during turbulent market conditions to avoid account depletion.

[bluemac]

The newcommers lose money because they come with a mindset of becoming rich right over the night after joining this industry. They do not cater trading as a business and treat it like casino to push buttons to make money.

[usok]

nobody can really predict exactly what the market’s gonna do so it’s totally normal to feel a bit of fear when trading but greed is where things can get risky fear can make you cautious which isn’t always a bad thing but greed pushes people to overtrade chase losses or take big risks hoping for quick wins that usually don’t end well in my experience keeping emotions in check is just as important as knowing your strategy i’ve been trading with lmfx for a while and what helps is how they lay out the market info clearly so you can make decisions based on facts not just feelings

[binaryowner]

I've logged hundreds of demo hours with HFM before going live. Treating demo funds like real capital built the discipline that saved me from blowing up early on

[rozveild]

i was trading forex peru for a long time, advice with demo hours is rlly golden, start with demo, for example with 100 dollars, take REAL 100 dollars and put them away, if you lose demo dollars, you still have yours, if you win you get experience, after some time you can invest money that you saved and play real forex

[bluemac]

On 7/10/2025 at 4:09 PM, binaryowner said:

I've logged hundreds of demo hours with HFM before going live. Treating demo funds like real capital built the discipline that saved me from blowing up early on

Even after using a demo account, i guess starting with small can be good to further test brokers processes as well.