Welcome! May odds be in your favour.
Discipline and determination are the best traits for a trader in this volatile market.
As a beginning trader, it's important to keep your leverage modest at first because doing so exposes you to less distress. With leverage comes the...
Me too! As a trader I find it extremely challenging to keep sufficient drive under challenging trading circumstances. It becomes uneasy over a...
I think risk management is a good option if you don't want to lose capital you've worked so hard to earn. However, risk management won't guarantee...
Definitely risk management is important. I use stop loss to limit my risk.
Well said!
I usually go through my trading journals to understand what I've learned over the course of the week.
I keep realistic expectations when trading.
Pros: The forex market is among the most accessible markets for new traders. Traders can easily set up a demo or live account for trading....
It might have it's ups and downs. But for someone who is committed to seeing a goal through and who wants to stick with it for a long time with...
As a new trader I started out with EUR/USD.
Yes I do agree. Also, I use micro account to manage my trades efficiently.
To minimise losses if the market moves against you, I believe a smart trading strategy is to include stop-loss orders with all of your trades.
This is a detailed list; I'll check them out. Nice effort.
Informative Thanks!
First of all, I would never believe a unverified information on tiktok. Also I won't take that kind of a chance when my fund is at risk.
Receiving adequate learning on a demo account, then utilize the Micro account as the risk and capital traded are low and live trades can be explored.
A trader needs a lot of expertise and knowledge to succeed in forex; there is no one simple formula. To be successful, you need good experience,...
If you are a beginner, you are still learning how to trade. You can try both higher and lower leverage on a demo account to see how they function,...
Separate names with a comma.