Best kept secrets in forex trading

[Monster Masterpiece]

The half of forex tutorials just let you know big lines but in order to reach your goal, you need a lot of patience as these courses will not teach everything just big lines.

 

[Sincerem]

Forex trade is not for the weak and that is why not so many people like to trade on their own. People are now subscribing for trading bots to do the magic and it is working to some extent. You just have to make your research well because some are scams.

Post automatically merged: Nov 4, 2021

The best secret to trading forex is that there is no right or wrong way to trade forex. If you think you have your strategies correctly, then you can place your trade according to the new sources also.

Been able to make accurate predictions about the nature of the forex would go a long way in determining your profit and loss margin always try to understand how to make good analysis as related to the forex Market.

 

[evreg]

Forex is so ambiguous that I would say that the main secret of Forex is that there is no secret. Probably like any other business. As for the currencies of small economies, the smaller the economy, the less liquidity, the greater the spread, the more difficult it is to earn.

 

[Popular]

You need to keep a constant watch not to miss a rise to be able to make use of the opportunity to sell the coins and patience is a virtue you also need to have because it's not going to rise or fall at a speed you imagine. It can be really slow.

 

[HK World]

What are some of the best kept secrets when it comes to forex trading? As in, what currency is a hidden gem to invest in? Maybe it's a smaller countries currency that's blowing up, or a new currency from a foreign country. What do you think?

The 5 Secrets of Forex Trading that Everyone Misses

• Secret No. 1: Create a Trading Journal.
• Secret No. 2: Stress Test Your Trading Strategy.
• Secret No. 3: Understand the Differences Between Fads and Trends.
• Secret No. 4: Remain Glued to Newswires.
• Secret No. 5: Commit to the Task.

 

[tray59]

The market is always open and I think there is no secrete attached to it so if you want to trade forex and see success there is nothing like special secrete all you need is knowledge to make good and proper analysis and know when to placed your trade.

The only secrete is that you must ensure that you keep your margine secrete and not expose your trading plans and strategy

 

[Potuse]

The forex market changes with time and you cannot actually tell which particular currency pair would perform better . As at the time of writing this comment, the EUR/USD is probably the best to invest on right now because, the US dollar index is getting stronger.

 

[greenie]

The best kept secret in forex trading I want to tell everyone today to either the existing or aspiring traders is that "the brokers are your biggest enemy and not your friend". These brokers present themselves as angels and friends to the traders but underneath they are the ones killing your trades.

 

[Genie01]

There is no secret in forex trading currently, it's just privileged informations.
We are in an information aboundant age where virtually every information is accessible at a click of a mouse.
You just have to Putting in the efforts in order to align the piece of the puzzles

 

[Setho]

The most kept secret in forest is that people believe that consistency is what is going to bring money but that is not it but you are applying the right things because somebody can make a million in his first week.

 

[GIFTMICHAEL]

I don't think there is any serious secret in forex. The volatile nature of forex makes it very much difficult for people to predict its movement. That is what so many people are trying to learn how to do.

 

[Lynaia]

Just know that it's also like a gamble and you might not just get rich overnight because you started forex. Just fr to learn from people that know about it very we'll before starting

 

[Floura]

There's no any keep secret service n forex trading, I think the only best secret is you, if you are good at learning you'll definitely earn a considerable amount of money online.

 

[tyrim88]

One of the secret you must know about forex trading is that forex trade does not make someone rich quickly. The best currency to invest in is US dollars because it is more popular.

That is actually a true fact,because most persons just rushed into the trading market with the intention of making it big in less time,and when this does not happen they become frustrated.

 

[Genie01]

The greatest secret of forex trading is actually mastering yourself and your emotions. And secondly, mastering your strategy or what we call edge in the market.

 

[Monster Masterpiece]

The greatest secret of forex trading is actually mastering yourself and your emotions. And secondly, mastering your strategy or what we call edge in the market.

First of all, low budget investors will hardly control their emotions because if you are investing 100 $ in forex isn't like investing only 10 $ on forex means it depends of minimum trade and your budget, and how fast you could lose or win on forex operations.

 

[Genie01]

First of all, low budget investors will hardly control their emotions because if you are investing 100 $ in forex isn't like investing only 10 $ on forex means it depends of minimum trade and your budget, and how fast you could lose or win on forex operations.

I truly agree with you, even the $100 is still a little capital because if you are going to apply proper risk management only risking 1% of your account size, it would be difficult to earn tangible amount of money.

 

[Monster Masterpiece]

I truly agree with you, even the $100 is still a little capital because if you are going to apply proper risk management only risking 1% of your account size, it would be difficult to earn tangible amount of money.

@Genie01 we do not have huge budget or amount of money earned from paid to post sites, then for example deposit to any trading platform like OctaFX or StormGain or XMArabia or Instaforex is just by minimum deposit minimum, means investment is from paid to post sites. If someone has a good earning method then he may invest even one thousand dollar.

 

[Genie01]

@Genie01 we do not have huge budget or amount of money earned from paid to post sites, then for example deposit to any trading platform like OctaFX or StormGain or XMArabia or Instaforex is just by minimum deposit minimum, means investment is from paid to post sites. If someone has a good earning method then he may invest even one thousand dollar.

That is why proprietary firm trading is very advisable once you are skilled. With as little as $50 you could obtain a $5k account to begin with. And when you know how to operate under their rules, the profits will come and the capital would obtained.