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Making decision is not easy

Discussion in 'Forex' started by Joe Hoover, Jun 21, 2018.

  1. Joe Hoover

    Joe Hoover Registered

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    While engaging in currency exchange a foreign currency trader needs to think about many essential factors. And with the growth of market; a trader needs to analyze various factors if he wants to engage in successful trade executions as forex is becoming more competitive day by day. Thereby making trade decision is no longer very easy today. A trader can try conservative yet very systematic approach that will lead a successful trading life.
     
  2. DanielH

    DanielH Registered

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    Strongly agree that a beginner needs to think about many essential factors to be successful. I think we have to have a good strategy, a risk control, a good application of the same in demo accounts.
     
  3. Andy

    Andy Registered

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    I think a lot of people ultimately overcomplicated forex trading @DanielH. The biggest things to it are consistency and solid risk management. These go hand in hand with a clean/uncomplicated strategy that doesn't involve every other indicator spread across your chart.
     
  4. Famery

    Famery Registered

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    I strongly agree that if a new trader wants to become a successful trader then he needs to learn the basics of Forex which helps him to be a good trader.
     
  5. Diaz

    Diaz Registered

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    thats really true when the trader should more think and calculate before make a decision in trading, we need more helpfull stuff seems like forex analytics or trading indicator which is really help when choose a right execution
     
    Last edited: Oct 2, 2018
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