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  • There a lots of good ones and what you have to remember is that it is your attitude to the whole set up and how you operate it that is going to make the crucial difference.
    The biggest failing in...
    There a lots of good ones and what you have to remember is that it is your attitude to the whole set up and how you operate it that is going to make the crucial difference.
    The biggest failing in running a winning system in anything is discipline and it must be 100%.
    I had this amply demonstrated with my own method of trading.
    For 9 months everything was going along fine, regular winning trades and a nice smooth growth in the account equity.
    Then I started to think I knew what I was doing and started to try and ‘improve things’. Within a week I had lost 30% of the account.
    I had a big lesson in not messing with something when it is going along fine.
    I recently devised a system for another type of trading, not forex, and sent the details over to a friend to have a try. All he had to do was copy a very basic set of rules and make money just as I was doing every day for weeks before.
    Strange that two weeks later he was complaining that the system was rubbish and he was losing money all the while. Now as we were both trading the same market and placing the same trades what could have gone wrong?
    Well he had been following along for a few days but then decided that as around 50% of the trades looked wrong he would miss them out and improve his strike rate but of course it did exactly the opposite. In the end no amount of persuading him would convince him that he could not improve on what I was doing. The end result was he gave up after a few more days and still thinks I am nuts.
    So the message here is no matter what system you devise, buy, rent, lease or whatever is going to work unless you adopt a disciplined approach in it’s implementation.

    I have tried many forex systems and techniques with varying degrees of success but the one I have been using for the last four years suits me fine. It is assembled from some various bits of standard techniques and runs pretty much on auto pilot as I have plenty of other things to do.
    Now, if you don't have much time to focus on these all or want to get quite shortcut then you can check https://tradingbrokers.com/ for best online trading brokers.
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  • First of all, I think it is important to clarify that Olymp Trade is NOT a binary options platform! It is a Digital Options platform, there is a bit difference between the types of tradings. Also,...
    First of all, I think it is important to clarify that Olymp Trade is NOT a binary options platform! It is a Digital Options platform, there is a bit difference between the types of tradings. Also, Olymp Trade has a forex platform-app, so, in total, 2 platforms-apps for trading.
    I have been trading with them for more than one year and a half, and I really like the apps! It is very easy to use and understand the tools and the graph. So, my answer is, Olymp Trade is the best company for trading Digital Options an Forex! I can assure that, considering that since I started, I am making a really good profit.
    Besides having a great app, they also offer many training materials and webinars for beginners, as well as for experienced traders. Another positive point about the platforms, is that both have free demo accounts, in which you can make trainings of your trading strategies.


    UpforexUpForex Presenting US100 NO Deposit Bonus available for the fresh clients that register for the promotion till it is valid. Take the opportunity to test Live Forex Trading as well as the UpForex Broker. Apply now and trade with the 100 Welcome Bonus to start to explore the trading services now!
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  • A lot of people are afraid of Forex trading because they heard about people who had lost everything they had speculating on currencies or other assets. Some have been tricked by their brokers and...
    A lot of people are afraid of Forex trading because they heard about people who had lost everything they had speculating on currencies or other assets. Some have been tricked by their brokers and coerced into depositing more and more money into their trading accounts. some agents working on behalf of brokers get extra bonuses for new deposits their clients make.

    As a result some agents can get quite aggressive in their methods. They promise to share a proven strategy that is going to work and you will win it all back. This type of psychological game is something they are not only ready to engage in but they are also praised for doing so in form of additional bonuses from their employer.

    The truth is that succeeding in Forex trading is possible if you know how to read and analyse trading charts. Another important aspect is to trade using daily charts or 4Hour charts. Chasing quick profits is not beginners. It is for more advanced traders who know what they are doing.

    So, focus only on Daily charts and learn technical analysis to be able to recognize trends. When you learn that, proceed to learn how to ride trade and follow trending markets.

    There are many types of technical analysis but probably the most common tools used by traders to recognize trending markets are Moving Averages and Support and Resistance levels.

    If you can master those you should be able to predict future movements and profit from them. To get you started here is a free ebook on Moving Averages and how they are used in trading. https://mt4trendindicator.com/using-moving-averages/

    Keep learning and you will surely succeed!!!
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