You’re right that forex can be challenging, especially with commissions and inexperience. Success often requires a deep understanding of the...
It's impressive how dedicated you were to developing and refining your strategy over several years. The sources you mentioned—tradewithprecision,...
You’ve made some insightful points about Syria’s economic situation. The lack of market efficiency, government price controls, and the influence...
Since you carefully assess your risk tolerance before using leverage, how do you typically determine your position size? Do you use any specific...
Yes, trading when you're feeling down can cloud judgment and lead to impulsive decisions. Emotional state impacts focus and risk tolerance. It’s...
Currency pairs do have unique behaviors, so adapting your strategy can be helpful. Some traders use a core strategy but tweak it based on...
Yes, it's happened to many traders. It’s a good reminder to always set stop losses, even when you plan to monitor trades closely. Automated risk...
Most traders say demo and live feel different because of emotions. On demo, it's risk-free, but with real money, fear and greed kick in, affecting...
Honestly, it depends on your goals and lifestyle. Full-time traders can dedicate more time to analyzing and reacting to the market, but it’s...
Yep, that 90% stat is still pretty accurate. Most traders struggle with emotions, poor risk management, and impatience. Consistency and discipline...
Your approach to trading with Fibonacci levels and volume indicators is solid. Combining daily charts, 3-minute charts, and unusual volume signals...
When scalping, traders typically use currency pairs with high liquidity and tight spreads. Some of the most popular choices include EUR/USD, which...
To trade Forex effectively, focus on a strategy combining technical analysis (like moving averages, RSI, and support/resistance levels) with risk...
Undercapitalization is indeed a major barrier to success in Forex trading. With insufficient capital, traders are more vulnerable to margin calls...
Offshore brokers can offer benefits like lower taxes and better leverage, but they come with risks such as less regulatory oversight. It's...
You're absolutely right! Staying calm and focused during volatile market conditions is key to making sound decisions. It's crucial to avoid...
For swing trading with a medium to long-term perspective, there are several excellent resources to help you get started. Books like "A Beginner's...
The "deposit release fee" sounds like a scam. Legitimate traders don’t ask for extra fees before releasing profits. Be cautious—high returns with...
If you use 4:1 leverage on a EUR/USD trade and the spread is 2 pips, you still only pay 2 pips for the spread. Leverage affects the size of your...
Given that price action is fractal in nature, do you think it's possible to apply a consistent backtesting strategy across different time frames...
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