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Thread: Key point to a successful trading

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  2. The Following User Says Thank You to Tabudi For This Useful Post:

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    You've really done well to enlighten us about this strategy, I hope it's to our advantage

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    I'd only add that being into eur usd news is also important and makes you aware of the possible changes in the market.

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    There are few points of success in trading currencies:
    - Understand yourself first. The deals with emotions and what triggers you.
    - Understand thr market you are trading. It is a high risk place
    - Take sets to manage your account properly, like using stop loss and take profits as well trading with smaller lots.
    - Aim for less but consistent profit.

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    Senior Member ayazfx's Avatar
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    The Dow theory states that the market is trending upward if one of its ... identify the direction of major market trends and the likely direction of individual stocks. ... Dow's approach still forms the core of modern technical analysis. .... Note that Dow theory assumes that the market doesn't move in a straight line

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  11. #6 Collapse post
    You have to study the characteristics of certain currency pairs,signs it shows when there is change in trend.eurusd and usdjpy do not show the same sign when there is change in trend

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  13. #7 Collapse post
    Before starting a trade. You should study the trade and know what strategy to use . With what I learn trading. You should study what time you strategy will work best

  14. #8 Collapse post
    Before making and deals with btc make sure you meet the right site

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    Quote Originally Posted by Twenty View Post
    Before making and deals with btc make sure you meet the right site
    Always check the background or customer feedback of your broker before you transfer your funds to your broker's wallet.

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