The survival skills in forex are good management and always stay in the direction of the trend. Also do not allow the market to trap you instead exit with minimum losses.
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The survival skills in forex are good management and always stay in the direction of the trend. Also do not allow the market to trap you instead exit with minimum losses.
Forex trading is not gambling but a business and it should be treated as one. Gambling is when you do not know what you are doing and rely on luck to make money so forex is not gambling for those who...
Due to technological advancement, we forex traders can now trade forexon our laptops and earn like the banks do. This has opened up a new source of income for some people and i wonder how some...
Not all news must be followed in forex but the high impact news that really have an impact on the currency which are shown in red. This is the news to always watchout for
I normally trade the 4hr charts so i have to spend less time on the computer after placing a trade since i have to check the chart or my trade in 4hr intervals. So it depends on your style of trading...
Time and money are inter related so you cannot take one and leave one. The amount of time you invest in forex is equal to the amount of money you will make in forex.
A reasonable capital is the amount you can afford to lose. Do not look or invest the amount you cannot afford to lose because the results will be devastating to you so keep your capital to the amount...
You need to do both technical and fundamental analysis before you trade because the fundamental tells you where the market is headed and the technical just for confirmation. No one analysis is more...
Thanks for sharing but i think the parrabolic sar seems to lag though it might be a safety measure to enter when you can make something and also i tend to fear stochastic indicator because it might...
I am new to forex and i have been making little profits into my account since i have little account. But i hope to make more money later since i have hope and it has made my faith strong that i will...
The three duck trading system is a very good and simple system and because it is a trending system which relies on trading in the direction of the trend it is profitable. remember they say the trend...
You need to know the basics of forex like candle sticks and how to use the mt4 platform. Then you get use to and understand what moves the markets and also know some indicators and how to use them....
You can use the free money to be trading your strategy because it will be a real demo account and you have nothing to lose. With this you will practise good money management and see if your strategy...
demo account is for both experienced and newbies in forex as it affords you a chance to test your strategies without losing your real money. I do not think people would have being trading without...
Moving averages are one of the best indicators to use while trading as they show you the trend and they say the trend is your friend. One of the commonest system is the moving average cross...
It is possible but that will be overleveraging your account which is not good. A good trader should imbibe good money management skills to be succesful and trading. Over leveraging can easily lead to...
It is possible and some people do it. Naked trading is good but i still need some indicator to confirm overbought and oversold regions for easier analysis. Please if you are not used to naked trading...
It has happened to me on different occassions and the one i can easily remember happened on a friday when i had entered a wrong trade and when i came back to see it i was sad because the trade was...
from your chart i can see bollinger bands which is very good for trading as well as channels but i do not know the histograms below the charts and it seems to me you have so many indicator for...
Every trader should always keep a demo account whether newbie or experienced because the importance of a demo account cannot be overemphasised. This is because you practise a new strategy on demo to...
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