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ForexSecret1234

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Successful Forex Trading Strategies- Theforexsecret.com – PowerPoint PPT presentation

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Date added: 7 November 2019
Updated: 7 November 2019
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Title: ForexSecret1234


1
Become A Successful Forex Trader
  • Powered By
  • The Forex Secret

2
Content At A Glance
  • Introduction
  • Beginner's Guide for Forex Trading
  • Importance of Forex Education
  • Some Steps to Be A Good Forex Trader
  • Conclusion

3
Introduction
  • Forex trading is educational, accessible,
    exciting, and a source of good earning.

4
Contd
  • Even after doing all these things 90 of people
    are losing their money.

5
Contd
  • Here, the goal should be specific and the steps
    to achieve the goal should be followed properly.

6
Guide for Forex Trading
  • Firstly, select a goal that how much you want to
    earn or profit
  • Next is how to achieve the goal
  • Identify free of cost available resources
  • Search information in Google YouTube
  • Engage yourself with forex experts
  • Besides, spend some money on training

7
Importance of Forex Education
  • Forex is one of the most constantly changing
    markets.  So as a trader, you have to understand
    the ups and downs in this market.

8
Contd
It is a combination of lots of things and to be
successful in this market rather than a specific
rule.
  • You have to be patient, mindful, talented and
    consistent in the forex market.

9
Contd
  • Novice with no experience might win in forex
    trading and experience people might lose in the
    business but in the long run, the experience
    people will survive.

10
Steps to Be A Good Forex Trader
  • Never Procrastinate

1.Dont Put Work for Tomorrow
2. Important, What Can You Do Today
3.Utilize Every Opportunity
11
Contd
  • More practice

1. Practice a lot, which makes you perfect
2. Best way to practice is to use a demo account
3. Keep your demo account consistent with your
reality
12
Contd
  • Never Stop Learn

1. Keep Learning everyday
2. Learn more to predict better
3. The more you read the better your prediction
will be
13
Contd
  • Recognition of The Facts

1. Understand the risk and safety
2. Understand the risk to reward ratio
3. Otherwise it will be difficult to survive in
the market
14
Contd
  • Invest What You Can Manage

1. Start with small amount
2. Try to increase with profit
3. Starting a small business will minimize your
risk
15
Contd
  • Start With A Single Currency Pair

1. Currency trading is complicated , competitive
unpredictable safety
2. Advice would be to start with single currency
pair
16
Contd
  • Always Control Your Emotions

1. 90 people fail because of their greed
emotion
2. So, control your emotion at least in forex
business
17
Contd
  • Develop Upon Your Own Strategy

1. Develop own strategy and follow it
2. Dont change decision in the half way out of
your emotion
18
Contd
  • Maintain a Proper Record

1. Keep all the records of success and failure
2. Learn from mistakes apply those strategies
in the right way
19
Conclusion
  • Lets Summarize all the tricks
  • Always Set stop-losses in trading or your failure
    is almost certain.
  • Develop your own trading plan for the future.
  • Always risk less than 3 of your margin per
    signal.
  • Do not try to take revenge on the market in trap
    of emotions
  • Trade only when you feel confident
  • Always try to gain more profitable trades
  • Never be afraid of loss

20
  • For Any Query or Question
  • Follow Our Website
  • Theforexsecret.com

21
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