The Important thing when you are ready to start trading with your real money - Page 11
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Thread: The Important thing when you are ready to start trading with your real money

  1. #101
    When you are ready to start trading with your real money, you need to be conscious of the fact that your ivestment or capital is ivolved and you need to protect that investment thus lower lot size like 0.1 should be used,about 50 to100 pips should be placeda nd stop loss should also beminim al like10 percent of your investment.All these will give you slow and steady win the race,as high risk trading might wipe out your investment.

  2. #102
    As long as you are ready to start trading the real account, you should understand that we have to learn this business and take the demo account as a good place where we can develop great trading knowledge which will give us a means to earn well. If we don't plan on learning, it will be so difficult to succeed good. Let's work on our plans to succeed and wish for the best on our trade.

  3. #103
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    Quote Originally Posted by Sixteen View Post
    As long as you are ready to start trading the real account, you should understand that we have to learn this business and take the demo account as a good place where we can develop great trading knowledge which will give us a means to earn well. If we don't plan on learning, it will be so difficult to succeed good. Let's work on our plans to succeed and wish for the best on our trade.
    That is it, there is no other means for traders to get everything done well, they will have to lean to fully know and understand the market they want to be trading, that is why traders are traders, they have to do things in the way that is good for themselves, and that way will cause traders to make their success in forex.

  4. #104
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    Quote Originally Posted by adeforex View Post
    When you are ready to start trading with your real money, you need to be conscious of the fact that your ivestment or capital is ivolved and you need to protect that investment thus lower lot size like 0.1 should be used,about 50 to100 pips should be placeda nd stop loss should also beminim al like10 percent of your investment.All these will give you slow and steady win the race,as high risk trading might wipe out your investment.
    We have to do trade with full preparation and this is a good thing to know that how much you have to earn from per trade and which type of risk you have to follow in your trading. This is good for trader's when they are aware with their risk and lot size in trading. All we know that lower risk trading can make this business safe and brighter for us, high risk trading can wipe out everything here.

  5. #105
    the most important for you to take into your consideration when you want to trade forex market on a real account , is the application of what strategy you have learnt and developed when learning and demo trading, if you are not a master of your own strategy and you cannot applied what you have learnt in demo account , i think , one should not even border to go into real account, most trader lose their initial fund in forex due inability to master a strategy of trading and in ability to applied all what they have learnt.the most important thing to start real trading is to apply knowledge

  6. #106
    Trader's try to learn a lot of things in demo trading account and I think that we should create a trading journal ways in demo so that we can save all our important notes and documents in a file. You are correct about it that in real trading account its important to use our trading knowledge and learning wisely. We have to take into the consideration some of these following things because those are very essential those are as follows: Risk management, stop loss, mindset, strategy etc.

  7. #107
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    the trader when start trading should avoid greed because this is the big mistake that the new traders do and so they lose their money easily and quickly, so they should avoid greed if they want to survive and also should discipline with their strategy rules to be able to trade with small risk and make consistent profits from the market.

  8. #108
    Quote Originally Posted by sameeh View Post
    the trader when start trading should avoid greed because this is the big mistake that the new traders do and so they lose their money easily and quickly, so they should avoid greed if they want to survive and also should discipline with their strategy rules to be able to trade with small risk and make consistent profits from the market.
    Greed in forex is what I call the quick sand of big loss in forex. it is important for every trader that he should keep his trading crystal clear from the element of any greediness. Anyone not able to control greed should not start trading Forex. It is the biggest test for trader that he have to keep his emotions and greedy level into under control during trading.

  9. #109
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    for them who came to this business soon will take the risk and try to make money with real money, and then why they need to prepare themselves and think realistically that forex is riskier when we have not enough knowledge and skill for it,
    this is the business where everything depends to us, so good to control the emotion with well then decision is made clearly

  10. #110
    Quote Originally Posted by komalam View Post
    Greed in forex is what I call the quick sand of big loss in forex. it is important for every trader that he should keep his trading crystal clear from the element of any greediness. Anyone not able to control greed should not start trading Forex. It is the biggest test for trader that he have to keep his emotions and greedy level into under control during trading.
    Yeah mate why not of course this could be a quick sand of big loss in forex, its very essential to work with a proper discipline otherwise you will lose very quickly for no reason in trading, losing money is not bad when you have a reason to lose that. You should have proper sense that why you are losing your money in forex most of losses come from the emotions, lack of knowledge, and wrong management and psychology.

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