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- Tim78 replied Oct 8, 2020
Yeah, demo is the best way to start or you can even start with a small account.
I'm a new trader =D
- Tim78 replied Jul 6, 2020
I agree on that. Demo is very important for every newbie. Traders should not skip this part.
Practice
- Tim78 replied Jun 30, 2020
Right! Starting it with demo is much better than risking your funds on the first day in a live account straightaway. First practice your strategies, know the technicalities and then give it a shot on live account.
Is demo a step before real trading?
- Tim78 replied Jun 30, 2020
Agreed! Starting with a live account can be quite crucial at times as the beginner also has to handle emotions now, so it is best to start low, not staking too much funds in the beginning only. Good advice.
Trading Emotions
- Tim78 replied Jun 8, 2020
That's true! And those who blindly follow, do not go that far in this journey.
To be successful... cut out the noise
- Tim78 replied Jun 8, 2020
I agree to this. But I think keeping a plan B ready at the back end, is very important at the same time.
Motivation pictures
- Tim78 replied Feb 24, 2020
Well, I think that's totally fine. Not all are perfect when it comes to news trading and there are also traders, who are bad with the technical part. So, it varies.
How much do you risk per trade?
- Tim78 replied Feb 24, 2020
Every job person can relate to this. A lot of passions and dreams are sacrificed every day just to earn that one so called job.
Motivation pictures
- Tim78 replied Feb 24, 2020
That's apt! The entire play happens on PRICE itself. Its all about the right price movement at the right time.
Price is everything
- Tim78 replied Jan 24, 2020
That’s nicely explained. Would appreciate if you discuss more about that ‘pin risk’.
Who is the primary driver of option trades?
- Tim78 replied Jan 24, 2020
This proves that for earning high, its not necessary to have over complex strategies. Going simple works better.
To be successful... cut out the noise
- Tim78 replied Jan 20, 2020
That’s true. All indicators are just ways to screen the markets well. At the end its all about where you place your money and how you handle it against the risks spread in the market.
What is the Best Type of Pivot Point
- Tim78 replied Jan 20, 2020
Well, you are at the right forum, keep learning and interacting here. And the losses that your are incurring, don’t worry about those. Keep practicing and learning and those will definitely transform into gradual profits.
Why Are We Here? If you are really here for profits, please read!
- Tim78 replied Nov 15, 2019
Yes that's true, options are riskier, but I think that somewhere this risk component can be managed by playing the game with caution. Everyone should be careful on risk management.
Options vs Forex
- Tim78 replied Nov 15, 2019
Agreed, that goes for me as well. I won’t say that people who like to stay alone, only they trade, but rather, people who trade prefer doing it alone. A lot of concentration is required to strategize properly here, for which its better that a person ...
Trading is for loners:)