Exotic currency pairs are highly volatile, with very little liquidity and widest spreads. Wide spreads increases the overall trading costs and...
I won’t suggest beginners to use any leverage. However, they can start by using 1:1 or 1:10 leverage on a micro account.
Imo, maintaining the right trading psychology is the most hardest part in forex trading. It took me quite a long period of time to regulate and...
True! And sometimes even after conducting right technical analysis trades do go wrong.
True! This is the main reason that resist from keeping ourself motivated.
Develop skills and right trading psychology if you want to be successful in the long run. The market is harsh and risky. It is important to make...
FOMO is one of the main common mistake traders make. They do not have the patient for wait the right trading opportunit and due to the fear of...
In forex trading the pros of the market can become the cons and cons can becomes pros if you have good hold over technical and fundamentals of the...
Do not take forex trading lightly it can become the best way of losing money if you are not careful enough. Don’t just start trading because you...
Many of the times losses in trading are caused by unchecked emotions that lead result in making wrong trading decisions. Traders must maintain...
Have the right mindset towards trading and develop good trading psychology.
As a begginer demo trading is unquestionably important aspect for learning and understanding the market. Once the beginner is able to get a hold...
Practise on demo and see what works well for you that fullfils your trading goals and comply with your risk tolerance.
Journaling is very important in forex trading as it allow traders to keep a record of their past trades and avoid making the same past trading...
Both demo and micro are important and should not be skipped by new traders. Traders must know how much time they need to stay on one particular...
That’s true! But I don’t think trading volume of cryptos is as much as the trading volume of forex.
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