We all know that market opens 24 hours a day, but that does not mean it is always active the whole day. The best thing to do is to trade when we can as different pairs are most active at different...
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We all know that market opens 24 hours a day, but that does not mean it is always active the whole day. The best thing to do is to trade when we can as different pairs are most active at different...
Currently i am making a consistent small profit and very satisfied with it. To achieve this profit level, i have monitor regularly and minimize the number of trading mistakes. A mistake means not...
Learning how to manage our psychology is one of the most important aspect of Forex education. It normally takes time, experience and dedication to overcome our human shortcomings, something we all...
I think forex learning is a must to all beginners as the journey towards becoming a successful trader is one of the most difficult aspirations one will ever undertake. As a beginners, we must be...
As a beginner, we must learn and be trained to become a successful trader and it usually takes time and discipline. I think Forex forum could be one the best place to exchange information and views...
As a beginner, we must learn and be trained to become a successful trader and it takes time and discipline. Forex forum could be one the best place to exchange information and views with other...
There are other common reasons that traders fall short of being fully intentional such as
1- Fatigue and mental overload create a loss of concentration
2- Overconfidence follows a string of...
I prefer to manually pick up my trades as i have more control of my open positions. We must try to apply our own strategies and understand the market well before start trading. To be a successful...
I agreed with your suggestion as i believed that most traders may also have a trouble "pulling the trigger" and entering trades when their trading system indicates they should. Most often, fear is at...
There are so many types of risks in Forex Trading. I think the common risks are known as predetermined risk in a trade, position sizing risk,* market risk, group risk, instrument risk, Underwriter...
There are challenges that every traders faces and being aware of the possible mistakes and pitfalls will help traders to avoid them. Traders failure are normally associated with the following...
As a part time trader, initially i found that it was extremely difficult to balance a full time job with trading and faced many challenges as i tried to devote my limited time to two full time...
As a good trading approach, we must try to prevent trading mistakes and avoid repeating them. If it still occurs, we have to really sit back and think about this and write down any and all mistakes...
Traders who consistently win may have learned and retained the basics of trading at such a deep level that they can practically recite them in their sleep. These traders have stuck with a trading...
I think the most difficult part of trading is eliminating emotions from the process. The most successful traders are calm, analytical, and methodical. If we let emotions dictate our trades, we will...
I normally placed not more than 2 trades with a combination of EURUSD, NZDUSD, AUDUSD and GBPUSD. These 2 trades are created within the 20% of my float as to safeguard my investment. I have been...
it is quite a disappointment as majority of traders have probably tried one or more systems and seen them fail. Some of the systems fail because for instance, a company may develop a trading robot...
Forex Trading is a risky business. Typically, people enter into a trade oblivious to the number of potential risks they are taking. However. psychological risk probably become the biggest risk of all...
As a beginner, we must learn and be trained to become a successful trader and it takes time and discipline. Forex forum could be one the best place to exchange information and views on Forex trading....
I think both are equally important in day trading. However, as a beginner, we must be trained to become a successful trader and it takes time and discipline. This takes work and effort.Being a...
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