Still, if a demo contests is about winning and coming out with the highest profit, then why would anyone not consider risk management, knowing he...
Ask any experienced technical analyst or fx veteran trader how many of the hundreds of indicators they use on a regular basis and invariably you...
Successful traders have learned how to adjust their attitudes and beliefs about trading in such a way that they can trade without the slightest...
It’s not about and never has been about the market when it comes to making money. It’s about YOU – your trading plan and your ability to execute it.
If there is such a thing as a secret to successful trading, this is it: At the very core of one’s ability 1) to trade without fear or...
All good traders are also good record keepers. If they win a trade, they want to know exactly why and how. More importantly, they want to know the...
Successful traders learn from every trade. They analyze and critique themselves continuously, but always trade in the present.
It is not ideal to trade just to make a trade, even fx veteran traders can identify with this temptation. It takes tremendous discipline to stay...
Forex trade is not meant for those who are naive/dumb, they can't succeed if they believe without proper research that everything they read here...
Money management without a method or system to trade is useless. Further, trading a method with a negative mathematical expectation is...
Traders profits themselves when others lose, that is the nature of this business. That is why we should always get enough information by learning...
Even though it is good to have a strategy and then stick to it, many traders can't follow these strategies for very long unless they reflect their...
Some EAs? Please tell me; what EAs work better than human traders? I would like to know.
Protection and avoidance! Traders can help to protect themselves from slippage by avoiding market orders when not necessary. This makes a trade...
So if you are trading in a volatile market environment, you have to be prepared for slippage. Slippage happens when volatility, perhaps due to...
Successful traders are not independent but totally dependent in the sense that they do not rely fully upon what they know. But they are ever ready...
Some kindhearted traders are generous enough to share with others the mistakes they made that resulted in their losses and the strategies they...
If you lost money trading last year, my gift to you is to partake in the ongoing contests Profiforex has organized. Just so you know, Profiforex...
If you are an FX veteran and also a newbie, it would be considered generous to me I guess, to inform you of an ongoing contest. Profiforex is...
Knowing your limits as a trader contributes to minimizing risks. Since the risks are inevitable, there should be limits to how frequently you...
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