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Trading without experience

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  • #16
    Originally posted by merislov View Post
    We compare this to a farmer who plants coco for instance, there is nothing he can do to make that plant grow to maturity within day. Forex is kinda similar, we patiently build our carrier around it.
    And it is this kind of trading experience that defines a traders character whether he can endure when there is a loss.

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    • #17
      i think trade without experience is a loss of money.

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      • #18
        experience is necessary for improvement,progress.as increase your experience your ability to improve your skill increase and you earn consistently.

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        • #19
          I heard that the Risk Percentage will be 2%. Is that right?
          Thank for sharing

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          • #20
            Originally posted by gabrifx View Post
            experience is necessary for improvement,progress.as increase your experience your ability to improve your skill increase and you earn consistently.
            The more you trade, the more experienced you would become. So consistency is the key in trading forex, we have to keep at doing it constantly without lapsing at anytime. Except on emergencies we can definitely take a break.

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            • #21
              Originally posted by Jacob Stone View Post
              And it is this kind of trading experience that defines a traders character whether he can endure when there is a loss.
              There is no business or venture that is always rosy, things happen that don't go well with you. Forex is the same, you just have to look for a way to move from bad trades and learn from such mistakes. And sometimes we must realize that things happen that are beyond our control.

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              • #22
                I couldn't agree less! Risks/losses are inevitable. We must accept them and find a way to deal with them.

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                • #23
                  follow analysis and forecast

                  A good way is to follow analysis and forecast of a broker like this
                  Right now there is a promotion of 2000 usd immediately when you register until 22 januari.


                  forecast.jpg

                  It has free indicators and eas, bonus offers all year round.

                  Request your bonus and practice.

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                  • #24
                    Yeah, without risk we cannot earn in Forex. We need to learn that if you wanna become successful in Forex, you need to learn about the risk management and money management.

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                    • #25
                      Originally posted by Fiddlesticks View Post
                      Yeah, without risk we cannot earn in Forex. We need to learn that if you wanna become successful in Forex, you need to learn about the risk management and money management.
                      What you said is not understandable for me. Without risk we can not earn?? So you need to take risk then you are going to earn???

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                      • #26
                        “In trading, as in life, you need a plan. This plan includes not only the micro a strategy for each and every trade you make but also the macro meaning why you trade, how you intend to reach that goal your means to the desired end, and what you’ll do as an alternative if that doesn’t work out.

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                        • #27
                          Originally posted by Beloved View Post
                          What you said is not understandable for me. Without risk we can not earn?? So you need to take risk then you are going to earn???
                          It is quite simple many traders don't trade as they are too much afraid of the risks that is involved in Forex Trading and hence they don't earn money. Hence it is necessary to take risks if we wanna earn.

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                          • #28
                            Originally posted by Fiddlesticks View Post
                            It is quite simple many traders don't trade as they are too much afraid of the risks that is involved in Forex Trading and hence they don't earn money. Hence it is necessary to take risks if we wanna earn.
                            Risk without any management is waste of money and time both for a trader. If you want to earn money then first understand the market and then learn how you are going to manage your trade with money. Taking risk is not the solution.

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                            • #29
                              Yeah, but to manage risk also we need to risk and even to learn about the risk management we need to take risks. Thus to earn we need to take risks.

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                              • #30
                                Trading without experience is hard, but the only way to gain experience is to trade. There is no third option.

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