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You have to design your trading strategy properly
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Took me a while to develop my strategy and be consistent but time well spent. timur artemevUSPTO patent applications submitted by and patents granted to Timur ARTEMEV
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I find also that it is very important to have well established strategy which can bring you continuous profits.However, path to this goal might take some longer period of time, as it requires continuous learning and improvement of both traders skills and strategy. But, at the end, it is all worth it
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I think it really depends on the amount of experience you really have. For starters I recommend you to access education material of your broker and really get it going here for many people. I do not understand this all completely - you need to develop your own.
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Hello! For me interesting. Do you work with some casinos systems and do you give some signal to where to play and where i can do my bets? So if it's possible, play check this one https://play.casino and if you have some rules what to do for win please let me know. Thank you so much for attention.
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Motivating Forex Trading Factors. Instruments trade differently depending on themajor players and their intent.
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Originally posted by mlawson71
How long did it take you? It took me several years to be confident in my strategy.
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Took me a while to develop my strategy and be consistent but time well spent.
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Many trade based on technical analysis i.e based on charts and indicators and a few more trade based on fundamental analysis. Apart from trading based on these analysis it is important to have a trading starategy as well to succeed in the forex market. Forex trading stretegies include Trend trading i.e trading by recognizing the trend of the market and identifying the entry and exit points by using indicators such as Moving Average, Stochastic, Relative Strength Indicators,etc.
Next comes range trading i.e. trading based on the idea that the forex prices will be held within a predictable range for a certain period of time. Here traders trade using indicators like Stochastic, Commodity Channel Index and Relative Strength Index.
Next is news trading
Then comes scalping where traders tru to execute a trade and exit within minutes with the hope of making profits.
Next comes hedging, traders use this strategy to protect themselves from unfavourable currency movements.
The last one is carry trading where traders borrow a currency that has a low interest rate and use this to buy a currency with a high interest rate.
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are able to walk without a teacher? whether effective self-study?
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On every battle war we have to prepare anything...also in forex world..if you don't have a good preparation, you will be crush..
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When comes to the trading especially forex trading totally depends on the currency rate of the country. Nowadays, most of the people prefer in investing in other countries to get more outcomes. One can dig this to take help of a financial advisor from Australian funds management for international investment and get outcomes as a passive income.
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Trading strategy should be primarily individual, we should press down all the tools that will help to make a profit.
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I agree with you that we have to design your trading strategy properly. Our target is take profit...
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