Not really! In fact, exotic currency pairs have the most chances of letting you make money. But since they are highly volatile, you may have a...
Stock market is very stable as compared to forex. Unlike the forex Market, it has a stable price pattern that can be easily tracked. In forex the...
EUR/USD is mostly preferred by the beginners. This pair has tight spreads and also there is a lot of information available about this pair. Later,...
First, one huge profit doesn’t make you a consistent trader. Second, If you want to hold on to your profit and are afraid to do anything that’ll...
Every trader needs to know that forex trading is not just about making money but also about saving money. And for that, you will have to use a...
I read somewhere that Asian people like to trade gold and other precious metals. Not sure how true that is in real life.
Being different personalities, we do better when we find our own ways. If we follow someone else, we are not actually exploring the possible...
I know your education is important but it should not only be about reading what it is and not actually applying your knowledge. If you are already...
After testing the demo account one should start with a micro account with them. That would give a clear picture of the trading conditions of the...
The first step of trading forex has to be learning and then, practicing. If you think that you will be able to overcome challenges even if you...
That’s all in your head. A strategy or a system is never 100% accurate. They all work in some conditions and not in others. It’s about knowing...
Forex trading is like any other way of making money. You have to put in the effort to make a profit. It won’t come easy and for free. Jump in only...
I am a believer in fund diversification. I don’t think that it is good to put all your eggs in a single basket in any sphere of life. Trading is...
If you keep expecting the market to be in your favor without working to find profitable entry and exit points, you are bound to fail. In no way,...
That would be a difficult choice with so many strategies that seem to be profitable. Why not try all of them on a demo account and see which ones...
For real trading practice, micro accounts work better because you get well-versed with the live market in real. And it’s obvious that you trade...
A trader can succeed in forex trading if he is disciplined and takes his mistakes as a lesson. In forex trading, many things can go wrong. A...
The benefit of using a demo account is that you can practice all you like without losing any money. If you make a mistake, it doesn't matter...
I think what you’re thinking is right, he would learn real-life skills from his travels which a conventional university won’t teach him.
It’s all got to do with the risk appetite you got, some people can be more daring if they have a large capital to play around with.
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