Recent content by Jorg@33

Limit order: Investors use limit orders to lock in the price they want because limit orders are guaranteed to execute (if they execute at all) at a particular price or better. Stop loss: The intent of a stop order is to limit losses. If a stock’s price is moving in a direction opposite of what...

I personally think that intuitive trading might let you earn for a shorter period but in the long run to be a successful trader you have to be aware of trading technicalities.

I start my day with a coffee and prepare my schedule for the day, in that I make sure to give my most active hours to trading.

Go with proper planning and check your progress timely. It will boost your morale and encourage you to be more disciplined to grow your trading outputs.

In my opinion trading should not be done with the borrowed money, because if you lose in trading then you will get into a huge debt trap of the principal amount along with the interest too has to be paid.

When I started trading, I started with learning about various trading terminologies blogs on Internet. Then I opened my demo account and started understanding things through youtube videos and by studying experiences of others on different platforms and added my own ideas to it, initially it was...

Choose your own trading strategy by finding a preferred time frame, the desired position size and the number of trades you are looking to open.

In my opinion, your comfort zone will never allow you to take risks and without taking risks you can’t think about your growth in trading.

Honestly, when I started, I did trading with small amounts but now when I look back to my trade history I can see that I was just in the loss trap but now I have started earning pretty good gradually. Quite happy with my growth.

Next step to trading is to work on improving your strategies with every new trade, and learn from your own experiences.

On the basis of my own experience, I would say that learning the trading concepts thoroughly should be the priority because everyone has their own way of learning, so speed of practice trading can’t be generalized.

If you don’t trade for long your skills might remain intact but due to change in time there is a high possibility that your skills would need upgrading to cope up with the present style of trading.

My poor trading habits in my initial days of trading were that I used to be very impatient but after facing some losses, I learnt how important it is to be patient if you wanna go ahead in the forex market.

You should start with a demo account and plan your strategies and tactics to move forward to live trading even then start with a small amount and grow slowly and steadily.

Hello everyone, I am new to this platform but not a newbie as I do trading but with very small amounts only. Here to learn from others' experiences.