Risk comes with unguaranteed rewards. So, as others say, “traders should take risks that they can afford to lose.”
That’s good. I am planning to stick with ETH and XRP only at least in the beginning. Can you tell me the min deposit for crypto trading?.
True! Your knowledge in trading complements your success in trading.
True! Scalping is a double-edged sword. You can both win and lose a high amount of money in a short-period of time. You should have a strong...
In stock trading, you trade stocks of the companies that you think are performing well or expected to perform well in upcoming days. You become a...
That is funny but true! If a person is just hanging onto forex trading in a hope to see the tables turning in his/her favor one day, then that’s a...
@Codrin Which crypto pairs are available for trading with fxview?
Imo, traders should do a good amount of practice and knowledge before trading leverage. It can either be highly profitable or can burn a hole in...
Finding an edge to a trading strategy is very important. Trading edge can be found by backtesting the strategy several times on a demo account on...
And moreover trading exotic currency pairs require large capital deposits to compensate with the wider spreads.
As forex trading is risky and a long term business it demands the investment of time to study and understand forex more than the investment of money.
Try trading without a stop loss. You will know why “you need to be okay with taking a stop loss.”
There are some good books. But reading books never makes you rich. What makes you rich is what you do after reading them. Btw, which books do you...
I prefer journals over sticky notes. I used to do sticky notes, but I tore them after a bad trade. We all have been there! No?
He is a good actor. But his wife is driving him nuts! He will be better off without her.
The 8 a.m. to noon overlap of the New York and London exchanges is usually the best trading time. It is the time when 50% of the trading market is...
True! We don’t take any actual risk while demo trading. As a result, there is so involvement of risk management or trading psychology, which are...
Exotic pairs are complex and have the least liquidity out of all the pairs. Thus, starting with simple pairs, such as EUR/USD, is more preferable.
No! However, its use can be positive and negative for forex enthusiasts. For instance, scammers can use it as a platform to misguide people to...
There is both reward and risk in forex. The market’s liquidity makes it possible for traders to score high profits. If you are skilled, there is a...
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