Never done it so I will pass. However, I’m curious. Does it make you a focused trader?
Risk comes with uncertainty. It is something you’re willing to lose to get something in return. Whether you lose it or not depends on your skills...
Aaafx also offers low spreads, especially on major pairs , it ranges between 0.1 pips or 0.3 pips.
I remember reading this one in school. It’s a great story.
It’s true that losses make traders negative. But it is up to the trader to choose an amount to trade, losing which won’t affect them much. And so,...
I keep checking DailyFX and Yahoo Finance for major events happening. But as mostly, I use the day trading strategy, I don’t really need to check...
Because of the hectic office and trading schedule on weekdays, I don’t get much time to rest and meet my friends. So, that’s what I do on my weekends.
Trading has taught me money management and how to take calculated risks. Monetary gains are a minor thing for me but the skills and confidence...
The forex market is more accessible than it was before. As there are no filters for new traders to start trading, just anyone is trying their...
That’s a good point you have mentioned. The market has been unpredictable for years and that’s how it will always be. It’s the traders who have to...
I don’t believe in settling with one strategy when even the market can’t settle in one position. Different strategies may work in different market...
Don’t make choices and set expectations until you know what forex trading is. Keep a learning attitude because that’s what you will be doing...
I have been a forex trader for a long time and now I am focusing on crypto trading. I have recently started reading The Book of Satoshi. I just...
Yes, losing and still being optimistic is very difficult. But the trader who is determined like you always finds a way towards success. I’d...
I have decided to stick to forex trading only until I have enough funds to diversify. It will most probably be crypto trading.
If traders start neglecting their losing the scope for learning will be finished and success in the long run will be diminished.
Scalping is really risky and difficult especially for a new trader. It is an aggressive approach to trading which requires in-depth knowledge...
Exotic pairs demand a deep understanding of the market. Moreover, they also have high spreads, which make trading a bit expensive.
If you’re overdoing anything, it will turn into an addiction. And yes, forex, too, can become an addiction. Imo, traders should step into the...
The overlap of the US/London markets (8 a.m. to noon EST) has the highest volume of trading and offers the best trading opportunities.
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