Really tiredness causes bad feelings; that’s why I always take a decent break when I am not mentally 100% okay. I need, full of my energy during my trading sessions.
No doubt, which traders start their trading without enough preparations; they suffer a lot in their live trading! There is no way without trading knowledge & experience.
Such a great personality do you have; just amazing! By the way, without proper knowledge & experience, nothing is possible! So, need to follow your words.
No doubt, demo is the best way of learning. But I see, a number of new traders don’t know; how to use this learning platform; as a result more than 95% new traders are the losers.
Yes, short term trading systems are very much useful in this case; but traders need to update their trading skill regularly; personally my 1st choice is long term trading.
To be honest, initially I was scared when I very 1st time heard this statistic! By the way, the point is; when you have enough trading knowledge & experience; then you’ll able to make regular money here, otherwise not.
I think, 3-4 months is not enough for learning technical & fundamental analysis! Whatever, after demo trader can use cent account as the intermediate session before the live trading; it really helps to adapt on emotions & greed.
Agree with you; backup plan is very much important! Such as, when I see continuous counter trend moves, then I immediately close my swing trades without waiting for the TP; we traders need to be active on the chart.
Well, having a good trading skill on the fundamental analysis is also important! Basically, traders need a combo trading skill on both (technical & fundamental).
Wow, that’s really great! Yes, both are important actually; no doubt poplar Forex forums & review sites help the new traders to identify the difference between market maker & good trader.