Now FX Merge are working on the preparation of a new free Risk Reward tool and it will be available in a few days. Good news!
The video offers some good points, but I do not agree that it is all about IQ either
I think the most important thing is not to think about it that way - the market is there and it is you that needs to tackle it, in the best...
Yes, so true! But you cannot give up on dreams, you need to keep working.
No of course not - you need to evaluate why the loss happened so as to improve in your decisions in the future trades
When I checked out MT5 I was a bit overwhelmed by it, and found it to be quite complicated.
Thank you for sharing this. It works well.
Yes I think your strategy is a good option as diversification helps to spread out and reduce losses focused on a single option.
While diversification can help you spread risks, I think that you cannot overdo it either as then you will fail to concentrate properly.
Risk is the level of probable losses you can make when you trade. There is always a possibility as you can never be completely certain of...
This is very true and I understand what you are saying here as it often happened to me. I think I am going to spend just half an hour max, and...
There are various important elements, such as risk management, position management, how you want to go for trade identification and subsequently...
It was fun to read some of the proverbs mentioned here - my favourite one is trade with the trend as it basically encapsulates all that trading is.
Risk for me means the possibility of losing - but I also see it as a normal part of trading and while it is not nice, you need to accept it and...
What can be discouraging is the possible loss. However that is normal, and you can counter it by preparing yourself mentally for the possbility as...
Yes and sadly you find some traders who think it is doable within a couple of weeks, or even days. I sometimes read comments that make me wonder...
Starting out on a demo account it the best thing to do as a beginner in forex. It helps you get used to how things work, and at the same timeyou...
Yes, you're right. Forecasting is important, and you need to consider several things i n order to try to be precise in your forecast, and when you...
Good luck to you and may this journal entries help you be more aware of what you are doing and how to do better. Well done you have spent so many...
Very well said, mental health issues are very very common, particularly for those working in the financial markets. I can say this from a personal...
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