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  1. #11
    Master Member gaban's Avatar
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    Quote Originally Posted by Uncle_Gober View Post
    With continuous exercise will help increase trading institutions of the trader. trader should do exercise regularly and try to implement MM and RM correctly. This will reduce repetitive errors when we do the analysis. Trader who has the best analysis of course obtain optimal results
    with continuous exercise it will allow us to use the MM and RM good. Trading using MM and RM is better, it will make us survive in forex, therefore we should always train MM and RM good. And many exercise will also allow us to minimize the same mistakes

  2. #12
    Master Member Uncle_Gober's Avatar
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    Quote Originally Posted by gaban View Post
    with continuous exercise it will allow us to use the MM and RM good. Trading using MM and RM is better, it will make us survive in forex, therefore we should always train MM and RM good. And many exercise will also allow us to minimize the same mistakes
    I think leverage is won't give big effect to risk management and money management if we always using using proper lot while we open the position and also limiting the total of open trades while trading. Usually I always prefer to use the highest leverage when I open an account in any forex broker. For TICKMILL usually I will use 1:500 since it's the highest leverage here.

  3. #13
    Master Member gaban's Avatar
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    Quote Originally Posted by Uncle_Gober View Post
    I think leverage is won't give big effect to risk management and money management if we always using using proper lot while we open the position and also limiting the total of open trades while trading. Usually I always prefer to use the highest leverage when I open an account in any forex broker. For TICKMILL usually I will use 1:500 since it's the highest leverage here.
    yes, indeed leverage choose a great influence on our trading. if we are not able to control emotions well then trading with high leverage will cause problems for our trading, therefore we need to utilize leverage well, whatever leverage we choose

  4. #14
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    You might think that you've stumbled across a great stock that can earn you a lot of money, so you starting bidding on it. After a little while, you find that your order isn't filled because the price went up. So, you increase your bid. That's called "chasing" the stock and should generally be avoided. Remember, the name of the game is to buy stocks at the right price, not chase them around just to get an order filled.

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  5. #15
    Master Member Uncle_Gober's Avatar
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    determine the current position to trade very crucial, as gains in trading depends on our market analysis, with the help of market analysis at TICKMILL could get more leverage, and for that we must be observant in looking at opportunities in the market

  6. #16
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    If we want to learn from mistakes, then we will not repeat the same mistake again, because we already know the result of that error, if we are still making the same mistakes, that means we do not want to learn from mistakes, but we have much to lose as a result of mistake we did.
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  7. #17
    Master Member Uncle_Gober's Avatar
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    Learning from mistakes is very necessary for us to trade with the maximum. Forex is a business that has a high risk, to succeed in forex then we need to continue to learn. For that, we have to do an evaluation to be successful in this business

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