Discover and read the best of Twitter Threads about #forextips
Most recents (3)
If you say something like "this trade looks risky" or "I took this risky trade." This is an obvious indication that you have no idea operating in that market environment. #trading #forextips #TRADINGTIPS
THREAD... š§µ
THREAD... š§µ
This approach is more rational : "I don't know how to operate in this condition, so I'm at sidelines and not taking any trade, until this/that happens."
You should always be studying the conditions you don't know how to operate, regardless of whether you're profitable trader.
Forex trading is very unpredictable, and thus, you need to take steps in order to reduce the chances of loss, the following tips and techniques might help you to become a better trader and consistently make better trades
independentinvestor.com/forex/tips/
#forex #forextrader #forextips
independentinvestor.com/forex/tips/
#forex #forextrader #forextips
1. Do not over trade
The first and most important rule of forex trading is to avoid over-trading. It is nothing but a result of greed, which results in loss. Every trader has the greed of getting more and more profits, and thus, they invest all their hard-earned profits in it.
The first and most important rule of forex trading is to avoid over-trading. It is nothing but a result of greed, which results in loss. Every trader has the greed of getting more and more profits, and thus, they invest all their hard-earned profits in it.
2. Do not let your emotions get over you
Emotions are something that can destroy a person's future. A business may get affected because of the emotions. Whatever business it is, it is better to keep the emotions on one side. Trades that are based on emotions result in loss.
Emotions are something that can destroy a person's future. A business may get affected because of the emotions. Whatever business it is, it is better to keep the emotions on one side. Trades that are based on emotions result in loss.
Times are tough at present, so your approach to fields like Forex trading should be a reflection of the times. To be more specific, you should realize that trading in the foreign exchange market requires you to be well informed of the current state of the market at all times.
You need to understand the market and gather as many tips about it as you can. It is best for you to use insider tips because the public knowledge that you gain will not be of much assistance to you.
#forex #forextips
independentinvestor.com/forex/tips/
#forex #forextips
independentinvestor.com/forex/tips/
Indeed, you need to master the most important aspects of the Forex market because even the competition and trends can influence how much you will make in this industry on top of its volatile, luck-based nature.
independentinvestor.com/forex/volatiliā¦
independentinvestor.com/forex/volatiliā¦
