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Have expert money management know your risk appetite ..well managed positions are sure to give you profits
Even if you close your eyes and do random 20 trades with expert money management you will turn out profible because you will be right in a few of those 20 trades
We are in a recession probably...
With very high CPI figures all over the world
But i have to ask why gold price is falling
Investors should be flocking here because the stock market is tumbling down and the best hedge against such loss of wealth is supposed to be gold
So can someone please...
As a beginner scalping is the way you have to take..it's natural because you need to taste the fast profits obtained from trading...all beginners once their trade is in profit close it as soon as possible... its natural holding a trade for 2 minutes when beginning
But as time goes on you need...
Well depends on how whom you listen as your mentor, your mindset and live trading
Get a better mentor it will shorten your learning curve and be profitable in almost a year
Your mindset after burning your accounts or getting losses will also determine how long you be profitable...if you quit...
Forex strategies don't work forever that's for sure strategies that worked ten years ago may prove irrelevant today
Just look at btmm which surely took every traders head
But now its just a fossil of what it was
The only strategy that lasts is expert money management that will prevent you from...
Just markets is truly an incredible broker
For east african traders
The broker allows deposits and withdrawals from local communication companies
Ie airtel money
Tigo pesa
Vodacom through mpesa
Also they have a minimum deposit of just $5 that is very good for novice traders
Another good...
if you are a small capital trader then manual will do best.. but u are a large capital trader u want maximum results so its best to use automation to take advantage of every opportunityOk hand