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mlawson71 replied Jul 15, 2020I don't think being emotionless is healthy (or possible), but striving to remain in control of one's emotions is definitely preferable.
Demo Forex VS Real Forex
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mlawson71 replied Jul 15, 2020In my opinion, seeking to do an X number of pips every single day is not a plausible goal. It's possible, but not plausible.
7 pips per day? is it possible?
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mlawson71 replied Jul 15, 2020Most traders struggle, all we can do is practice and learn from our mistakes.
Trading Emotions
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mlawson71 replied Jul 14, 2020The parliament of South Korea has introduced a private member’s bill that will begin taxing profits from cryptocurrencies activities, including trading of digital coins. This new taxation bill will also be applicable to income from ICOs and crypto ...
The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero
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mlawson71 replied Jul 14, 2020Some people in this industry are quite odd, I find.
The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero
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mlawson71 replied Jul 14, 2020I agree. A few times a week on a good week? Maybe. Every single day, without exceptions? It does not sound very plausible to me.
20 pips per day, is there anyone can help me?
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mlawson71 replied Jul 14, 2020True. I think working with a micro account at first is necessary too, but I would do that only after a period on a demo account. It is true that demo account cannot prepare you psychologically for trading, but at the same time, I do not think that a ...
Practice
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mlawson71 replied Jul 11, 2020Is it possible? Yes. Is it probable? No, not really.
double the account every day...
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mlawson71 replied Jul 11, 2020"Seriously" is the operative word here. If one doesn't take demo trading seriously they are wasting their time.
Is demo a step before real trading?
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mlawson71 replied Jul 11, 2020That is great advice, both parts of it! Revenge trading is always a mistake. One should never trade in this manner, they'll just lose even more. Don't take any risks when trading, especially if you don't have a lot of experience.
Why 99% of traders lose money
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mlawson71 replied Jul 11, 2020That's true, unfortunately. Some newbies think they can open a live account immediately and within a day or two they'll start raking in the profits. Usually those people are in for a very rude awakening.
Practice
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mlawson71 replied Jul 10, 2020Meanwhile the Central Bank of Japan admitted that they are developing a digital Yen. The bank revealed that its current endeavors circle around the technical possibilities of such a currency, “[we] check the feasibility of CBDC from technical ...
The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero
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mlawson71 replied Jul 10, 2020Only if I thought that they had the personality for it. I would not recommend it to impulsive people.
How long did it take you to become profitable
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mlawson71 replied Jul 10, 2020Exactly. A stepping stone, training wheels, whichever metaphor one wishes to choose - the demo account is the tool that helps one learn without risk that distracts one from the learning process.
Is demo a step before real trading?
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mlawson71 replied Jul 9, 2020Trading pan? Trading plan? Is that what you mean?
reasons why traders lose
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mlawson71 replied Jul 9, 2020True. If you are not experienced, avoid opening positions with large lots, your life as a trader will become much easier.
How to Become Emotionless
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mlawson71 replied Jul 9, 2020I think that generally emotional outbursts are not a productive, unless one really needs to vent. Choosing when and how becomes crucial then.
How not to get angry about this?
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mlawson71 replied Jul 9, 2020That's true, I was simply answering to the question above.
5% risk per trade?
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Watch out for a CySEC clone
Started Jul 7, 2020|Recycle Bin|1 reply
Watch out for a new clone website that poses as the legitimate website of the Cypriot ...