If you want to become a successful trader, you need to keep track of your performance. A trading journal is a must as it helps traders in finding...
Exotic pairs are thinly traded because they have less liquidity and these pairs can be very volatile, which new traders should generally avoid.
I would say, “never stop learning.” Forex demands constant learning and updated skills. Give time to analyse the market, from time to time. Do not...
Every market comes as a challenge to traders. If you can understand it, you are good and if you can’t, there are other traders who will take the...
Patience is the key. If you can patiently take losses, you can do anything in the market.
Forex, indices, ETFs, and cryptos for portfolio diversification and risk management.
If you care about growing, then never ignore your losses. They indicate where you lack. Identify your mistakes and take this as an opportunity to...
In such situations, it is better to talk with them and understand them. Scolding will not do good. Instead, guide them. So they can gow.
That’s a bad suggestion! As far as from my experience, when you are high you either talk too much or none at all. I don’t think it will help to...
Account 1: Blown (Aha!!) Account 2: Blown (Aha!!) Account 3: Nearly Blown (Aha!!) I have such moments from time to time, but I am not stopping!
You can escape everything except your mind. I try to understand it and be healthy to fight depression.
Honestly, I don’t have any such goal now. I just want to make double the amount I make at my day job. So, I can quit my work!
Even though demo doesn’t guarantee trading success, one should not skip the demo.
Beginners should not focus on making profits, it is more important to protect the initial trading capital rather than focusing on making profits.
A successful trader is one who makes more winning trades than losing trades and good overall profits. A successful trader is a professional trader...
The market never said that it will let you make profits all the time. The market never told you to take risks out of your risk appetite. The...
Either the ones who make consistent profits or those who lose maximum times are most prone to getting addicted to trading. The other ones know how...
I have been in the forex market for some years only and it looks changed every day. I wonder what traders who have been trading for decades would...
I am reading Risk Management in Trading: Techniques to Drive Profitability of Hedge Funds and Trading Desks by Davis Edwards. I have recently...
True! More people lose in the market than people who make money. Newbies are desperate to make money in the market, but they never make money...
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