There are 3 main emotions every trader at one part of their careers experiences; Greed, Fear & Hope. The successful ones learn manage these emotions and continue to make lots of income!
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This is an obvious feature to consider. The trading platform you have should have tick-by-tick price feeds. As retail traders, we are constantly in need for the latest, most updated market prices. Is actually opposed to currency investors, who simply buy or sell currencies over however long it takes. Retail traders typically scalp, or market related forums intra-day trades where even the smallest price movements are necessary to show up in the trading place.
Expand your trading training courses. Acquiring proper trading knowledge takes lots of time, up until accumulative effect of this knowledge takes solid root. Gain knowledge from the very best such as Jesse Livermore, William K. O’Neil, and Michael Covel. Read their books, study their methods and rules. Do not listen to trading tips from just anybody.
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