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The important things we need to know before starting up trading
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[QUOTE="btaliat, post: 224935, member: 26390"] There are many factors that make a good trader whether forex or even crypto. Unfortunately, many people do not put into considerations most of these factors, hence, they fail to maximize their profit as traders. There is need for constant learning as a trader. There are always new things and ideas. A good trader must be conversant with all these new tricks. There should be knowledge on how to use fundamental analysis if nit technical analysis to make more profit. Trading is not always earning us profit. Trading is about loss and profit. We should have this at the back of our minds that we cannot be winning always in trading. There is a must we run into loss as well. The only thing we need to do is just to minimize loss and maximize profit. We must always be at a very stable state of mind while trading. Trading is not done with emotion. You don't read trading chart based on your own view or emotion but rather you follow the market chart to determine your position. Most always allow greediness to take over them while others make fear their hinderance when it comes to having good trade. Trade should be done with money that we can afford to lose. We should not start trade with all of our saving m we need to know the basic rule that trading can be profit or loss. So we don't need to put all our eggs in one basket no matter how sure we are. Investors always care about their capital while gamblers always care about the profit. [/QUOTE]
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The important things we need to know before starting up trading
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