Take low risk, earn low profit

[Oscar Shumack]

The thing that makes a difference between a new trader and champ trader is emotions. A trader can lose with best strategy since they don't trade with cleaned expertise rather than they trade with emotional impulse. Without having control over your emotions you can't make reliable profit in trading.

 

[Cooper Truebridge]

Risk maintenance is essential. If I can't maintain risk, I'll never be able to make a good profit. So I talk about maintaining risk every time.

 

[Kazumu Fukunaga]

Every trader should make their own strategy. What works for me may not work for you. Learn technical analysis and price action. You will be able to make your own strategy.

 

[Kevin Vogt]

For consistent profit, a trader needs a good strategy of his own and a mind set. A mind that can adjust with the changing market. A mind that can stay away from trading, if market is not giving good set up.

 

[Alexander Hudson]

Taking big risks is not a good decision for the new traders.

 

[Bahiya Shinam]

Every trader tries to earn some knowledge but they method or way that they follow to earn knowledge is wrong. Better knowledge on candlesticks and market indexes is needed because it helps us understand the price flow.But before opening an entry, we should view the market both technically and fundamentally.

 

[Eduardo Lucchese]

The analysis which is done by using technical tools is known as technical analysis. This analysis comes in handy when it is done correctly.

 

[Eduardo Lucchese]

Copying others’ trades is fine when you want to derive lessons from there. Besides so, you have to study the market on your own because it will strengthen you.

 

[Oscar Shumack]

Sufficient knowledge helps a trader understand the market well. Best approaches of trading should be followed to earn profit and survive in Forex.

 

[Eduardo Lucchese]

Better prediction is possible when traders have expertise in chart knowledge. Spend some time in the area of fundamental analysis because it will disclose you the exact scenario of the market.

 

[Eduardo Lucchese]

Satisfaction will bring happiness in you. You have to make sure one thing that you are satisfied with the amount you are earning.

 

[Alexander Hudson]

Low risk should be preferred by traders in trading to survive in the market. Otherwise trading will be a lot difficult for traders.

 

[Oscar Shumack]

Make sure a mere expectation of big profit doesn’t instigate you to increase leverage size. Some traders build castle in the air about Forex trading that destroy them ultimately.

 

[Alexander Hudson]

You will find several forums available online that you can find through Google search. These forums will help you enrich your knowledge.

 

[Oscar Shumack]

Taking low leverage, narrow trading spread, flexible margin, avoiding trading in volatile market, using micro account should be our target to lower our trading risk.

 

[SaadBinToha]

Trade when the market breaks out a range because the market has some sensitive and strategic points where if you strike at the right time, you can gain more profit.

 

[Oscar Shumack]

Not using SL in trading will be a wrong decision by traders. Using TP and SL will keep a traders’ trading disciplined.

 

[Eduardo Lucchese]

Long-term trading is a popular way of trading among traders and traders have to be patient enough to hold a trade for a long term.

 

[Nezami]

FPA is really good for the beginners level to make sure which broker is really appropriate according to your trading condition.

 

[Oscar Shumack]

Return depends on risk a trader usually takes but we have to remind it that it can cause us losses too the same way.