As a trader, I try to keep a positive outlook on both my profits and losses. I also take time to research the market before placing trades.
I prefer trading after my office hours.
Best tips- 1. Patience is the key 2. Learn how to analyse charts so that you can understand price movements easily. 3. To limit the risk, use stop...
Here are the Pros and Cons of forex market- Pros- 1. High liquidity 2. Open 24 hours, seven days a week Cons- 1. Trading is risky. 2. Forex...
Yes, I think it’s better for new traders to avoid exotic pairs because they are complex to trade and provides low liquidity.
Oops...typo error! :D This is what I meant. The best pairs for me are EURUSD and GBPUSD because they have high liquidity and less volatility.
The best pairs for me are EURUSD and GBPUSD because they have high liquidity and volatility.
Choose a broker that charges a minimal commission, offers low spreads and great customer service.
I mostly prefer Fxstreet and Forexlive.
In my opinion, we should not ignore loss in forex trading. Instead, every loss should be examined carefully.
New traders sell at the worst time mostly because they don't have a proper plan about when to enter or exit from the trades. And all this happens...
Stock trading basically deals with buying and selling of shares of a particular company whereas forex trading refers to buying and selling of...
The choice of leverage is totally up to the trader. But do keep in mind that it’s a double-edged sword. So, better use it carefully.
New traders should start with demo trading because it is a safer and more convenient way to learn how to trade in the market.
When trading Forex, managing your money is essential to your long-term success. It is very important to practice risk and money management to...
In order to be good at trading, traders should have an optimistic attitude toward mistakes and should learn from their past trading experiences....
A fundamental truth of trading is that one must take full and complete responsibility for both failures and successes.
In order to limit the risk, stop loss is the best tool. One should use stop-loss even if they are certain about their trade.
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