简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Very Important You should Know as a Trader.
Abstract:We advise you to educate yourself before making any investment decision; it took us several years of learning and practicing on Demo accounts
Click Here After You Read: Pay It Forward, Trade the possibilities with wikifx.
If you're a new trader, don't look for a broker to trade with; instead, look for a book to read.
We advise you to educate yourself before making any investment decision; it took us several years of learning and practicing on Demo accounts before noticing profitable results and beginning to trade on a real account; therefore, regardless of the amount of money you intend to invest, you must educate yourself. We also advise you to never risk more than you are willing to lose, and to keep risk as low as possible.

These are the most critical steps to take in order to succeed as a trader.
1-Education: You must educate yourself in any way possible and acquire as much information as possible in order to comprehend how the market operates.
2- Practice: You must practice your strategy extensively and back test and demo test it repeatedly until you see positive results for a specified period of time.
3- Patience: You must exercise patience while studying, practicing, and trading the financial markets.
We recommend that you have a:
1- Trading strategy
2- 2- A risk-management strategy.
Prior to commencing trading.
A trading strategy should include the following:
1- A straightforward strategy for conducting your analysis.
2- A set of rules to adhere to when searching for confirmation/setups.
3- Entry/Stop/Target Entry/Stop/Target Entry Rules
A risk management strategy should include the following:
1- Preferred risk level for each trade.
2- Optimal risk-to-reward ratio.
3- Preferred maximum drawdown.
Please keep in mind that the preceding perspective represents our assessment of the market; we assume no responsibility for your own actions.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more

FXPIG Exposed: Traders Report Withdrawal Denials, Fund Scams & Regulatory Flags
Do you face massive losses due to astonishing spreads at FXPIG? Have you witnessed multiple trade executions by the Georgia-based forex broker even though you wanted to execute a single order? Has this piled on losses for you? Is the FXPIG withdrawal too slow? Maybe your trading issues resonate with some of your fellow traders. In this FXPIG review article, we have shared these issues so that you can introspect them thoroughly before deciding on the best forex trader.

Understanding What Makes a Good Spread in Forex
Find out what a good spread in forex trading is, typically between 0 to 5 pips, and why it matters for traders aiming to reduce expenses.

Does WealthFX Generate Wealth or Losses for Traders? Find Out in This Review
The name WealthFX sounds appealing for all those wishing for a rewarding forex journey. However, behind the aspiring name are multiple complaints against the Comoros-based forex broker. These trading complaints dampen the broker’s reputation in the forex community. In this WealthFX review article, we have shared some of these complaints here. Take a look!

FONDEX Review: Do Traders Really Face Inflated Spreads & Withdrawal Issues?
Does FONDEX charge you spreads more than advertised to cause you trading losses? Does this situation exist even when opening a forex position? Do you witness customer support issues regarding deposits and withdrawals at FONDEX broker? Does the customer support official fail to explain to you the reason behind your fund loss? In this article, we have shared FONDEX trading complaints. Read on!

