Not everybody who tried their hands at forex trading has the same review about the market. It’s because of the source from which they got to know...
Hey newbie! Don’t mistake forex trading with a get-rich-quick scheme. If not done properly, you may have to pay the price.
Avoid exotic pairs only if you are a beginner. But if you have gained some experience in the market, I don’t see any harm in trading them when we...
Learning alone won’t help you. You will have to determine how to make use of your knowledge in the market. Demo trading can help you overcome this...
That’s right! A robust risk management strategy can save your ass. Stop losses and T/P orders are some of the best methods to incorporate in your...
Right! They are eager to make money without understanding the nuts and bolts of trading. Completing your forex education should be the first task...
Not really a fan of sticky notes. But I write trading quotes in my journal.
Simple strategies are the best. You don’t need to use a lot of indicators or use complex strategies to become profitable.
Money management is the deal breaker. No matter how well you are with your technical skills. If you are not good with money management, you can’t win.
I am hooked to Naked Forex: High-Probability Techniques for Trading Without Indicators - Alex Nekritin and Walter Peters
Me too. Forex Factory has one of the best economic calendars. You can easily keep track of news and its expected impact on the future of the market.
Are you okay with blowing your account? No! Then, use everything that protects your trading capital. Stop losses are excellent tools for this...
That’s true! But we see social media plays an important role in imparting financial education. Scammers might use it to lure teenagers.
It’s a general rule in life: if you do anything more than enough, it becomes an addiction. To find out, see how it impacts your well-being and...
The market’s volatility has both advantages and disadvantages. But it’s up to the traders how to make best out of a trading situation with their...
For me, it was my impatience. I wanted to begin live trading ASAP. And when I did, I lost. It’s not easy when you do it! So I advise all the...
If you care about your growth, don’t ignore your losses. Instead, learn from them. So you avoid the same mistakes in the future.
I started my journey with a demo account. You can trade on it for a while, at least six months. Traders switch to a micro trading account once...
Begin trading with major pairs, such as EUR/USD, USD/JPY, and GBP/USD. They don’t have a high volatility.
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