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If trading is a reason for account loss

Discussion in 'Forex' started by Bill Lawry, Jun 22, 2018.

  1. Bill Lawry

    Bill Lawry Registered

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    If trading is a reason for account loss, then using too many indicators as it could give a good result. Cause you can unbalance at any time. My Broker AAFX has several trading indicators. But I am comfortable and I use their tables and quotes. This helps me understand the current market scenario. They are giving their trader real-time market streaming and provide very active 24-hour customer support.
     
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  3. HermanFxTrader

    HermanFxTrader Registered

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    The reason 90% of traders lose is probably because of greed and poor money management. Most traders have this mindset that Forex trading is money-maker machine. It's true that you can earn a lot from it, but you have to practice greed-free trading. It will also help that you join a good broker. I use FreshForex, by the way. :)
     
  4. moneybaggy

    moneybaggy Registered

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    I thought this was a meaningful thread. You guys should please go straight to marketing your company and don't create stupid threads in disguise.
     
  5. Diane Abbott

    Diane Abbott Registered

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    Losses are normal and I don’t think there is any way available to get rid of them entirely, so we just need to work hard to ensure we manage accurately. I work with FreshForex, as they are amazing with having huge rebate program. It allows one to get upto 20 USD per lot size trade and makes life so much easier for all.
     
  6. Cecil Marshall

    Cecil Marshall Registered

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    Loss is an unavoidable thing in Forex trading. So every single trader ought to be cautious of his trading strategy. Steady benefit making is conceivable yet it is difficult to run our trading without loss. To lessen our loss we can make distinctive strides. Risk management is an unquestionable requirement here and we should trade with a low spread. As a trader I get the greatest trading facilities from XeroMarkets including the most reduced spread and help of a personal account manager assigned by the broker. It is particularly very transparent broker.
     
  7. Diane Abbott

    Diane Abbott Registered

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    If we go without getting proper knowledge, it will for sure lead to losses. But of course, this is not the only reason. It is also often broker that creates all the problem. I have seen it with my own experience having worked with broker like ForexMart and struggling badly. So good broker is also important.
     

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