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Thread: small experience, good trade with small risk

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    small experience, good trade with small risk

    hy, I am telling a easy way of trade, I also have done it in starting days and also was good for new traders...
    ---first learn basic about meta trader which is important..
    ---then check the most best website for making analysis..
    ---check these all sites analysis
    ---check some signal sites also
    ---when we want to open order, check all analysis sites what they say about market, then make analysis from these, then check signal sites, if all are same open order..
    ---in this way not need to learn about indicators which become complex some time, but we need money management for trade, so learn must it

    I also used this in starting, this was good really, thanks

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  2. #1251
    Registered user ola4real's Avatar
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    Quote Originally Posted by Rola View Post
    I think that traders with small experience have to trade with minimal size lots and there will be good money manegement and small risk. Only later when trader will have normal experience and knowledge they will be able to increase lot size and trade more aggressively. New trader has more risk to make bad trading decisions and lose money.
    It is a good thing to have big experience in forex field, you can not afford to trade with little experience, that will not let the forex traders to go far in this trading. Forex field is prospering only the forex trader who have all it takes to trade it, and this takes time too. If forex traders could dedicate their time to trading correctly, that will bring about experience, and how to trade with the proper strategy and management will come from it too.

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  3. #1252
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    Big experience is the best acquisition that we can have in this business, if we don't trade and learn to the extent where we can become very confident with ourselves, there are many problems that we might not be able to overcome, experiencing success is tough, there is no time we can gain experience without passing through some learning that is required to make it possible for us.

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  4. #1253
    Registered user Toyen's Avatar
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    Quote Originally Posted by ola4real View Post
    It is a good thing to have big experience in forex field, you can not afford to trade with little experience, that will not let the forex traders to go far in this trading. Forex field is prospering only the forex trader who have all it takes to trade it, and this takes time too. If forex traders could dedicate their time to trading correctly, that will bring about experience, and how to trade with the proper strategy and management will come from it too.
    Experience will not make traders to go astray, the experience will make traders to trade rightly and begin to gain their money in the market. One thing with the experience is that it will be telling traders what to do in all trading situations, that is a rare opportunity for traders to have the market exposed in their view. That experience makes trading to be easy and likewise make traders to plan their trading properly.

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  5. #1254
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    Experiences unlocks the doors of great opportunities for forex traders who have invested enough time into gaining them over time, but whenever you are lacking in gaining enough trading experience and knowledge then you shall end up not being the right forex trader and most times you would end up losing more money. In fact the greatest challenge that most of us have as forex traders is that we lacked enough experience to start trading real accounts and that is why we most time lost all the money each time we are trying.

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  6. #1255
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    Experience indeed is the key that opens the door to greatness for every Forex Trader, without your experience, there are mistakes you will make in the Forex market that could help catastrophic to you, the way we gain experience is to learn and practice consistently so that we will understand our strategy more, the demo can help us in the quest for more experience.

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  7. #1256
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    Quote Originally Posted by Leonvic View Post
    Experience indeed is the key that opens the door to greatness for every Forex Trader
    This is a good description for saying what experience can do for a forex trader. I see this experience as a necessary thing we must have because having experience helps a trader to do what should be done at the right time. If we can learn from our experience, we can have measures to earn well and we can have the possibilities to keep up with more winnings from this very chance.

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    Whenever you see an experienced forex trader then you have seen someone who is capable of making all the money in the World because more skillful you become then the more better you shall start seeing greater opportunities to start earning and the money would be the one running after you and not you running after it which leads to most times series of losses and even blowing out your trading accounts. The main aim of everyone coming into the field of forex trading business newly should be to start investing enough time into learning how to become a better forex trader which is the key to becoming profitable.

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  9. #1258
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    When there is a consciousness to trade with small risk, the forex trader is better opportuned to earn far more than the traders who uses rush approach, risks control is a skill that is too crucial to be ignored by anyone, we can make money from forex easily by having small risks mindset, rather than jumping into the charts and trade without giving credit to risks management.

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    We have to trade with small risk because in this market it is not a wise to take higher risk it is a reason for losses some time , we have to make it sure we are using average risk in all of our trade if we use some trade higher risk and some trade lower risk then may be we earn small profit but bigger losses overall results should be negative .

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    Quote Originally Posted by tejaravi View Post
    We have to trade with small risk because in this market it is not a wise to take higher risk it is a reason for losses some time , we have to make it sure we are using average risk in all of our trade if we use some trade higher risk and some trade lower risk then may be we earn small profit but bigger losses overall results should be negative .
    Trading with the high risk is making traders to trade emotionally, the level at which the trader could lose through that will be likewise high, that makes it not good to trade with high risk. The best part of it all is for traders to have their strong trading system, that trading system is what the trader will be using as their resort and fortress of trading. The experience is what will suggest the best for traders, that is the reason why we have to make sure that we have experience in full before trading.

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