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When it comes to financial markets and CFD trading, it makes you wonder how some traders manage to consistently make profit while so many around fail miserably.
This thread looks into what successful CFD traders have in common.
#CFD #investing #stockmarket
cfdspy.com/guide/who-trad… Image
Successful traders tend to specialise and know their traded markets upside down, just think of hedge funds, each fund specialises in 1 particular market and thoroughly researches it.
Know your market
#market #cfdtrader #trader
cfdspy.com/markets/range-…
Manage the risk. CFDs and other leveraged products are very risky and thus should be treated as such. Never underestimate the risks and tread with caution. Risk management should be high on your agenda if you want to consistently make money on the financial markets.
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