Making money means having experience

Discussion in 'General Forex Discussion' started by Ovidio Lettiere, Oct 12, 2021.

  1. Ovidio Lettiere

    Ovidio Lettiere ECZ Member

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    Making money means having experience, skills, and personality to succeed in forex. Risk management is also important. After all, it is a risky market. If you don't care, your account may blow up overnight. My broker Eurotrader offers high leverage up to 1: 500, but I only use 1: 100 to reduce risk. The broker also gives tight and low spread, a fast withdrawal process, and much more.
     
  2. radex78

    radex78 ECZ Member

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    Sometimes experienced trader they working in forex still on stagnant process, profits and loss always occurs and so hard to increase the money, the good tips for trader that have no skill is looking PAMM trader or looking best trading software or automatic trading, besides they can learn standalone, spent time to look for the best manager will become one effort and maybe as a solution to help a trader make money in business. FXOpen provides PAMM system in their operation, sometimes help contest money manager to looking best PAMM trader.
     
  3. Amy Lempriere

    Amy Lempriere ECZ Member

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    Experience helps a lot in making money in trading. If the trader does not gain the right experience, he will never be able to make a profit. For this, he has to gain experience and gain profit in trading. I am trading by gaining experience with the Eurotrader platform. Here I gain many benefits.
     
  4. eabrams

    eabrams ECZ Newbie

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    Knowledge, experience, discipline, all these are necessary to be a good trader. If one lacks any of these qualities they likely won't succeed and will end up losing money.
     
  5. BTCETH Trader

    BTCETH Trader ECZ Newbie

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    If we are planning to earn income from the foreign exchange markets then we should first of all try to invest our own funds.