Loneliness is the cause of some underlying condition. You need to find out. Sometimes, living in the same circle can also block your thoughts and...
Persistence makes a successful trader.
It’s important to choose a broker that offers low spreads at all times, with both cedarfx and turnkeyforex spreads are quite tight and stable,...
Risk is that percentage of money which you can potentially lose in hope of getting returns. Forex is a high-risk and high-reward market. You have...
It is up to the traders how much risk they want to take, but it is better to take a low risk because the forex market can be highly volatile....
Trading in the zone by Marl Douglas is very popular book on trading psychology. You can refer to that. But make sure you implement what you read...
EUR/USD USD/JPY GBP/CHF NZD/USD AUD/USD
Indeed! That happens because we look for quick results, which is not possible in forex. I think discipline builds up once you show up every day,...
This debate can never end! The percentage of traders who lose money varies from year to year. But one thing is for certain: the high risk...
Exactly! As a trader, you will definitely lose money at one point or another. You should know how to cope with that. Don’t let your losses and...
Some of the rules that have helped me win trades. 1) Having a trading plan 2) Not risking more than 2% of trading capital per trade. 3) Being...
Think of it as part of risk management ! It is there to save you from losing more than you are ready to. If you are a new trader, then you must...
I also find it very interesting. It’s kind of a long book, but worth the read.
Mostly, I am out with friends on weekends. Sometimes when I only want to laze around, I stay home and watch my favorite movies but I never miss...
If you are an inexperienced trader, then it is better to trade with pairs that are less volatile. Major pairs like EUR/USD, USD/GBP, USD/JPY, are...
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