5 myths about Forex ratification should not you!
Ismail El Mahi 10 days ago profit of Fetch One Comment 24 Facebook Twitter Google+Forex or foreign exchange market in the stock market has become among the most areas that many people today are interested Login to it, especially after the spread of many websites that act as an intermediary between you and the global stock market so open in front of you field of trading and you are sitting in your house without the need to go on your own stock exchange and without having to make a phone call with the mediator.
Although the Forex already is an area can become through "a millionaire" and even "billionaires" Sometimes that this area is never devoid of myths believed by many people and that it was necessary to share it with you so you do not fall into this trap where We'll give you a summary of five myths warn them many professional traders or professional traders on the stock exchange and is a superstition, you should never believe it.Myths about Forex You do not have ratification!
Myths about Forex You do not have ratification!
1 - Invest dollars and will reap thousand dollars:
Among the most myths prevalent about the forex market or the stock market in general is that when you invest a very small amount, you will reap a substantial amount grandfather, and in fact, this myth does not unfounded as it is to invest a small amount and reap times as hundreds of times must Ahalvk luck and the stock rises above increased abnormal at all and is something every 50 or 100 years might happen, and the fact that you should believe in is that the more the amount invested larger the profits were larger.
2 - a strategy guaranteed:
Among the myths too, which warns them Mahtervoa trading is that some people are looking for strategies guaranteed profit, and this is something that does not exist at all, especially in the stock market in general, as this area is based on the principle of profit and loss, and you can not always win without sometimes you lose, and instead of looking for a strategy guaranteed I am looking for how to build your strategy for the lifting of the profits and minimizing losses.
3 - You can profit from forex without you to be aware of:
If you think that he can profit from forex without that you have any information about this area may be just right when lucky coincidence, but luck will not be on your side is always where you are that I have lived with this idea might win once but will lose dozens of times.
4 - Follow your sense:
In the world of forex or trading in general, nothing to do with the sense of work, Vahsask may destroy you completely and makes you lose a lot of money, because the stock market is based on logical analysis, whether to increase or decrease of the stock in terms that you should always be your analysis of the rise or decline in the stock analyzes based on logical and not just to feel that the stock may rise or fall, so do not keep track of your sense and use your brain when it comes to Forex.
5 - You can not succeed in this area:
This myth is more myths that you do not have to never believe it, as it may sometimes Traodk idea you people failed in this area or perhaps tells someone that you can not succeed in it because it is difficult, but in fact long as you have a mind to think and you have the determination and will and patience and this is most important, you can succeed in the field of stock trading if it decides to learn and evolution of yourself in this area until gaining sufficient experience that can make people after years "professional"
1 Comments
Hello Everybody,
ReplyDelete"Which Forex pair and time frame is best to trade" is the frequently asked question and I want do give you the EXPLICIT ANSWER in this comment.
Are you expecting that I am going to say something like EUR/CHF on 10-minute time frame or GBP/USD on daily...? No, it is not so simple, but SIMPLE ENOUGH we can figure it out!
The "PROBLEM" is that markets change over time. If GBP/USD was a well trending currency pair a few years ago, today it is another one.
I actually want to let you know about a SPECIAL INSTRUMENT that I use to find the BEST TRENDING PAIRS among all the Forex pairs.
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The instrument scans 34 Forex pairs on all time frames from minute to monthly. This way you choose the best trending pair and time frame at the current time.
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