Thanks to them, I significantly multiplied my capital, and the welcome bonus could then be withdrawn. Ask friends, mentors, family, or traders from your social circle forRead more
Hung application, run time error, external I don't know what. First of all they have banned me from having an account with them with no explanation. EverythingRead more
Secrets of forex trader in india
enjoy growing a small account. We have successfully provided services to our client for 7 years. The chances that this will be done in your favour are rather small. Afterwards we will examine the secrets that are actually related to trading. I do not try to become multi millionaire and make millions of dollars every month. I check the charts and I place the orders if I see a strong signal. What is the secret of my success? However, a vital thing to remember is that FX trading may not be easily regulated in every country, hence some brokers may serve various jurisdictions under offshore licenses. One of the secrets of Forex that many brokers don't want you to know is that licenses from offshore regulatory bodies can be almost worthless.
When you see your position is losing, you get emotional and you close your position not to lose more, or you will widen your stop loss because you are afraid of losing too early and you want to give your position more time. I Do Not Over-Trade, over-trading is another syndrome I see among novice Forex traders. They have been developed by marketers, and are designed to sell, not work.
They form not as frequently as the weak setups. It takes lots of experience, practice, and trial and error to become successful in this market. That is the key secret. However, you will wipe out your account the next time that you repeat this method because the market is not supposed to turn around every day. Why did I started making money after few months of learning and practicing, but these people are still learning? You can easily wipe out a million dollar account with just one position, if you do not set a proper stop loss. They are not for the professional and experienced traders. This may often trigger trades based on belief rather than the strategy and the vision of the trader.