Make a demo account, and use it to learn and understand Forex trading. While using a demo account you will be able to test your trading strategies and mentally prepare yourself for real trading. However, keep in mind that you should be realistic and treat your demo funds as real money; otherwise, there is no way you can learn from demo trades.
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13-08-2014, 03:39 PM #11
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18-08-2014, 10:41 AM #12
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The key is to find a simple methodology that generally works bearing in mind that no one indicator works all the time. Try and keep it simple and stick to a strategy that you feel comfortable with. now I am trying to implement Money Management correctly in trading activities that I do in FBS
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27-08-2014, 03:29 PM #13
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A successful trader is good money manager. who manage his money how efficiently hi is so expert or successful. should maintain a proper money management never lose or empty your balance. you always on the profit.
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04-06-2015, 09:08 PM #14
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Discipline is always the key, I am never focused to work with any rules but my main style of trading is with strict management and complete discipline and that is something which has helped me massively. I am trading with Nova FX broker, it has got excellent 111% bonus on deposit, it is highly useful and helps me keep a strict money management, so I always get near perfect results without having struggle much over the results that I am looking for.
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