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  1. K

    Education

    Education for trading is the most important thing. Without skills it is not possible to survive in the market let alone making profit. Every trader should focus on learning.
  2. K

    Trading without stop loss is possible?

    Yeah stop loss depends on your strategy. It is all about what your strategy allows you to do. But you need to be specific about your strategy. Most people do random trading without having any specific system of their own.
  3. K

    Fundamental analysis

    Yes you are right. Unfortunately most new traders assume that fundamental analysis means economic news. But that's not the complete picture. For fundamental analysis and its effect on market, one needs very deep knowledge and understanding of countries economy.
  4. K

    Fear and greed

    Fear and greed are the most destructive emotions when it comes to trading. Both lead a trader to open unnecessary trades, as a result a trader lose money. One needs to be emotionless while trading.
  5. K

    Over-trading is the most pervasive

    Yes, habit of over trading ruins a traders. It happens because of psychological reason. Greed, and revenge trading are the main reasons of over trading. One must have control over his mind to be profitable.
  6. K

    Trading psychology

    It has been said that trading is 95% psychological. If your psychology of trading is not shaped, you will lose money even with a good strategy. Successful trading is the combination of a good strategy and good psychology.
  7. K

    Trade management

    Yes trade management is an important part trading. To be a successful trader you need manage your money, risk and the trades you open. Mismanagement of any of them will lead you to loss. So be calculative with your trading management.
  8. K

    How many trades per day?

    How many trades per day depends on your system. It could be 1, 2 or more. A scalper opens more trades than a day trader. Do what you understand the most.
  9. K

    Depending on signals

    Depending on signals service ruin your ability to understand the market. If you want to be a good trader, you have to remain unaffected from others. Others trading opinion affects your own judgement. As a result you become dependent.
  10. K

    How to learn Forex ?

    Self learning is the best by using available materials on internet. If you want you can find a mentor, but it's better if you find a mentor who is profitable.
  11. K

    How many pips per day?

    Yes there should not be any specific rules of certain number of pips everyday. Market doesn't behave same way everyday. The system I use may be detect trades everyday. So we should be flexible and trust our strategy.
  12. K

    Risk in trading

    Every business has risk but risk associated with trading is very high as we can lose money here very quickly. As risk is very high, that's why risk management is very important. Every trader should follow proper risk management policy.
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