12. How to Ride on the Forex Wave?

November 17, 2022
You can start riding on the forex wave after arming yourself with the necessary trading skills and knowledge, such as earning consistent profit and having your own trading strategy, so you won't sunk by the unpredictable wave.

To ride on the forex wave, you firstly need to practice in the demo account and manage to gain consistent profit. This way, you would learn how to master the way of making consistent profits in the forex market. One way to achieve it is by having your own trading system that suits your style and is proven to have the potential to generate maximum and regular profits. How much is it? Well, you can try to earn at least 2% per month for up to 3 months to make sure of your consistency. Maintaining the profit rate for 6 months or a year would be even better.

Following the previous steps, you can start trading in a reliable broker that can be trusted. If you haven't found one, you can learn to recognize the criteria of a good broker first or carefully choose an ideal broker for beginners.

After finding the right broker, make a deposit to trade in a live account and earn real profits from the market. Always be disciplined when carrying out your strategy so you can be harvesting pips despite the strong wave of the forex market.

Education (46)

1. What Is Forex? 2. Why Does Forex Market Exist? 3. What Drives the Forex Market? 4. Why is Forex Trading Popular? 5. Can I Get Rich in Forex? 6. Are You Curious? Want to Discover More about Forex Trading? Meet Demo Acount! 7. I'm a Newbie, How to Master Forex Trading? 8. What Forex Knowledge Should I Conquer? What Are the Steps to Go Thorugh the Journey? 9. What are Software and Glossaries in Trading Forex? 10. How to Read the Forex Market? 11. How to Practice Forex Trading? 12. How to Ride on the Forex Wave? 13. How to Prepare Basic Trading Requirement? By the Demo Account? What about the MT4/MT5? 14. What is Bid-Ask Spread? 15. What is Pip? 16. What is Lot Size 17. What is Leverage in Forex Trading? 18. What is Margin? 19. When to Trade Forex? 20. What is the Most Dominant Market in Forex? How is the Characteristic? 21. What is Chart in Forex? 22. What is Candlestick? Why is It the Most Popular Chart in Forex? 23. What is Technical Analysis? 24. What is Fundamental Analysis? 25. What are MT4 Indicators and How to Use Them? 26. What is Risk in Forex? 27. What is the Psychological Effect in Forex Trading? 28. How to Compile a Strategy Template? 29. How Long Should You Practice in a Demo Account? 30. When Do I Need to Start Learning about Brokers? 31. What Exactly Does a Forex Broker Do? 32. Can I Trade Forex without Broker? 33. How Much Money Do You Need to Trade in Forex Brokers? 34. How to Choose a Good Forex Broker? 35. What is Regulation? And Why Should Regulation Exist? 36. Why Should You Choose Forex Brokers with Top-tier Regulations? 37. How to Choose Forex Brokers Based on Your Need and Where You Are From? 38. What Brokers Should You Avoid? 39. Is There Any Broker Scam in History? How Bad Is It? 40. What are the Most Popular Brokers in The World? 41. What are the Best Brokers For Entry-Level Traders? 42. What are the Best Brokers for Traders with Minimum Deposit Capabilities? 43. Which Broker Provides a Demo Account and Easy Setup? 44. Which Broker Provides Easy Registrations? 45. What and How to Deposit on Forex Brokers? 46. What and How to Withdraw from Forex Brokers?

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