There is no risk in keeping positions open for long, as long as you keep observing and monitoring the trends to ensure it is in line with your early decision. When trend changes be quick to change...
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There is no risk in keeping positions open for long, as long as you keep observing and monitoring the trends to ensure it is in line with your early decision. When trend changes be quick to change...
Not having a real trading plan can lead to many things in the business because it is been said that he who fails to plan, is actually planning to fail- and the same goes in forex trading. Not having...
A true trend is different from price reversals, like i use the over bought and over sold trading system, and when the lines gets on the extreme ends, it is very clear to you can either buy if over...
As long as your risk management is perfect you can open trading positions and end up in profits. The good thing about forex is that, you don't loss more as long as your risk management is perfect and...
Luck is not important in the forex business, rather you should work hard to improve on knowledge, experiences in trading. Forex is a business that is based on knowledge, and not luck. Luck would...
You only feel bored in the business when you are not making profits in the business especially after too many trials and you end up not making profits. The business involves many things and you don't...
Stop loss is most prefered over hedging in trading forex. Stop loss defines the losses you get in the end, but hedging, you can still loss on both sides of the positions as you open them. If seeking...
Auto trading is offered on different platforms from the robots usage to the peer to peer systems of auto trading. All is focused on improving the results of the trader. The business of forex trading...
Getting rich should not be the focus of any trader but rather sustaining their profits in the business. It is when you are able to sustain your profits from trading that you can grow it into more...
There is no easy money in forex trading. Every money you make in the business, you have to work very hard for it. The business involves too many risk, which is why risk management should be in place...
One of the best tips of forex trading still remains the tips of money management as well as risk management. When this is in place you are rarely getting margin calls in trading and you see failures...
I trade part time in forex, and it is because of my present job. Before starting up the job., i had moved to the point of full time trading, and i was still getting the right profits. Full time...
There is always risk in the business which means that your risk analysis should guide you on the kind of risk to take per time. The business of forex trading involves too many risk, so be certain of...
God is the giver of all good things which the both major worlds religion agrees, so when you hope and pray with faith you can achieve results, but remember you must not be lazy, you need hardwork...
The studying of graphs and charts in forex trading is a symbol of art though and science in logics also adopt the same thing, which in essence means that trading is both art and science, because it...
Trading is defined more by practice. It is your practice in the business that defines your skills in the trading. At all times try to be a practicing trader than a just profits seeking trader., so...
A trader and their needs determines the strategy which they would adopt either scalping or intraday or others. And it depends on individual differences in trading that determines what you need and...
If you are working against risks, that is avoiding to loss more, it is important to focus on stop loss rather than hedging. Hedging though comes in place when you don't know what to do in the middle...
Short term forex trading is centered on scalping or for scalpers and i see it as something for people with fear. It doesn't mean that all short term traders are scalpers, because intraday trading too...
There are so many differences between real and demo accounts, and one is emotional based trading platform, that is talking of real platform. Because anything that involves money moves in line with...
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