Thread: Patience is important

Traders need to be patient in forex trading. Trading has potential risk especially in Forex trading. It takes time to plan forex trading. Skill development takes time. It takes patience to wait for the right trading opportunities to emerge. It takes patience to start and close trade at the right time. However, my broker Eurotrader always give right and best trading condition.

Traders must have a journal that specifically records all trade, including the strategy used and the reason for execution. The journal must contain the entry date and time, price, stop loss, and profit level. Trade Results are also important. So, snapshots of charts when entering and exiting the trade. I trade with Forex4you. I also add my journal to the reason for taking the trade and feelings after witnessing it.

The trading ability of a trader is the basis for achieving success, because that ability the trader is able to make a conclusion from a good market analysis condition so that it is closer to the opportunity to gain profit in trading with his Freshforex broker.

A broker is an important element in forex trading. Without broker a trader cannot trade in forex market. It is the main duty as a trader is to choose a good broker or him. There are a lot of fake or scam brokers in the market. So, it is really difficult to choose the best one from all of the brokers in forex market. I had faced same problem while i was choosing a broker for me to trade.

At last I found TP Global FX. They are really great in all sectors. They give low spreads start from 0.01 pips. They also give maximum leverage of 1:500. They also provide 24X5 customer service to their account holder. They also have diverse tradable instrument. There are 56 pairs of FX in their site. So, overall it is the best broker for me. I am still trading with them.

The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading with Tickmill.

An indicator is a technical tool that helps traders to analyze price action. There are many types of indicators in the market. Each type work or show a different point of view of price action. So, know about indicator first before using. Don’t use several indicators at once in a chart. I prefer the moving average indicator for my scalping. But my broker Tpglobalfx offer all kind of necessary indicator and tools in their platform. This is the best broker I have ever seen. They always help me to make consistent profit from this market. Thery are very reliable. They provide 24/5 customer support to their clients.

The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading in accordance with expectations together with Tickmill.