Ignore your losses, and you ignore your growth! Keep track of them and identify why you are losing. Backtest your strategies from time to time to...
Don’t step into live trading without a strategy! New traders are eager to make money, but this desperation could lead to losses. Create a plan and...
Journaling can help in analysing the trade and reason for these deviation. This allow traders to search for possible solution amd make required...
Of course. That is why it is called “ the double edged sword.” You could lose all your money in the same way you can earn big profits. Always pick...
See how you are performing on a demo trading. Keep track of your trades. If you are performing consistently well and seeing results, it means you...
Get your basics cleared. Babypips is a good platform to get started with. Once that’s done, start practising on a demo account. Learn to build...
This numbers are unfortunately true. Trading forex is not as easy as it might seem to be. To be in 10% traders need to have extensive knowlegde...
Swing trading strategy is the best option for new traders as it is less riskier and does not require traders to stick with their trading screes...
Totally Agreed! Traders should never trade on the live account untill he has started making consistent profits on the demo for atleast two months...
Make an efficient trading plan that comply with your trading style, financial goals and risk tolerance. Avoid trading if you do not have trading plan.
Both EUR/USD and GBP/USD are good trading pairs and can be considered by new traders.
Trading psychology is really important. But I think it is very difficult to develop such kind of mindset. Can you share some tips on managing...
Yes! We should take losses lightly but also make sure at the same time that we don’t make the same mistake again.
I am also trading swing trading with EUR/USD. It has been good till now.
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