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Topic: How can I make Better to Best in My performance in Forex?

Hello Everyone.
I want to make good money from forex? But how i mak myself better for forex and how i get better performance?

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Re: How can I make Better to Best in My performance in Forex?

1st off all u need to be pittance in forex trading , after that you have to know about forex very well , you need to study about forex very well & make or develop your own strategy  ,then try in demo account for practice then invest money

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Re: How can I make Better to Best in My performance in Forex?

To practice in demo account is good. However, its not enough to know the reality of the market.

When you go to live arena, you will feel the emotions rocking.

Feel and greedy are two things that only real traders knows good.

Try to use CENTS accounts to learn forex better!

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Re: How can I make Better to Best in My performance in Forex?

As well as what the above poster said, you have to deal with requotes and slippage in the real live Forex market, which can cause a big dent in the profitability of any system, but especially one which uses small TP and Sl. As

spread
requotes
slippages

Will have a relatively bigger % effect on your trades.

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Re: How can I make Better to Best in My performance in Forex?

Binary options trading arbitrage mt4 signals, Binary options pro signals opinioni. Futures free trading demo advice

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Re: How can I make Better to Best in My performance in Forex?

Find a successful trader with a good track record, over 10 years, and ask him/her to teach you

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Re: How can I make Better to Best in My performance in Forex?

Find a successful trader with a good track record, over 10 years, and ask him/her to teach you

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Re: How can I make Better to Best in My performance in Forex?

Somebody must show you how to trade forex. You could try many schools in USA.

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Re: How can I make Better to Best in My performance in Forex?

In  trading you are not trading aganist the market, the market is always neutral, it is not built to go against you
You are actually trading against your own emotions. Fully understnding these 3 emotions, greed, fear and hope before your start trading live accounts.
There is a book by Mark Douglas "The disciplined Trader" is a must read book if you wish to embark on a trading career
Best of luck to all
Lim

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Re: How can I make Better to Best in My performance in Forex?

To excel in trading, try your hands at Demo account first for atleast 3 to 6 months. Only then you should switch to real accounts and that too with smaller amounts of money. It is necessary to go live as correctly pointed out that you could not experience the real trading without going live.

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Re: How can I make Better to Best in My performance in Forex?

There is a lot of good advice here and you would certainly be wise to listen to what everyone has to say.  As far as using a "school" to teach you about trading I would make sure they have a 100% money back guarantee so if they don't teach you to trade successfully or provide you the tools/signals to make money than you can get your money back.  Most of the schools I've seen out there are just successful traders that can show you what works for them, but don't necessarily know how to teach it or help you develop your own system.  It's important to note what other said above about emotion.  When money is involved so is emotion and you need to be mindful of how your emotions control your trading.  Use multiple demo accounts with different brokers to see what ones you like the best and be sure to trade only currencies that have low spreads if you're new to trading.

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Re: How can I make Better to Best in My performance in Forex?

Find a successful trader with a good track record, over 10 years, and ask him/her to teach you

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Re: How can I make Better to Best in My performance in Forex?

Friends Find a successful trader with a good track record, over 10 years, and ask him/her to teach you

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Re: How can I make Better to Best in My performance in Forex?

I have been trading for many years and have found success in recent years. It is funny, when I started, I didn't know too much and did alright. I wanted to learn more to be great. I complicated things and trading went downhill. I am now right back to where I started. Simple with good money management. It is amazing how you get in your own way.

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