I think forex is more stable than stocks. Stocks are the shares of a company whereas forex involves an exchange of currency. So, stocks are more...
At least his 200k euros are going to serve all of us a lesson on how to research thoroughly before making such a big investment. Scammers are...
Coinexx, tickmill and lmfx are few of the good ones. Spreads and commissions are quite low.
Keep a trading journal to track your trades. Try to learn as much from your trades and perform backtesting. Always assign a risk reward ratio to...
Traders should trade with pairs which are liquid and not highly volatile. While choosing a pair, traders should look at the availability and...
Reading your query makes me believe that you are well-versed with only one side of leverage which is magnified profits. I think you better don’t...
Yes, scalping is risky but if you learn properly and do enough practice, you will be able to ace it. It’s quite understandable that making quick...
Demo accounts are a good way to start off your trading career but I won’t recommend depending too much on the results you get from demo trading....
I didn’t know that all of these offer economic calendars. I have only used babypips' economic calendar so far and they work great for me.
I know that using a stop loss is a great way of limiting your losses. But what makes me avoid it at times is the reason that it gets triggered...
I don’t think we are competing with anybody. If I want to sell a currency, I am not forcing another trader to buy that. Every retail trader makes...
Price action is dependent on technical analysis tools but it is not as objective as other indicators. In price action strategy, a trader tries to...
No matter how hard you try you can’t actually eliminate noise if you are scalper or a day trader, while in swing or position trading you can avoid...
Risking more than you can afford to lose is utter foolishness. If you can’t follow a proper risk management strategy, you will have a hard time in...
It’s never a single asset that I trade because portfolio diversification is an important part of my trading plan. From the very beginning, I added...
This is the perfect roadmap for all the beginners. I like that the last goal is not to be a consistent trader but a learner. Learning is a never...
To some extent it’s okay if you are afraid of losing money, it shifts your focus to money management but the problem arises when you can’t take...
We should stick to the basic purpose of demo trading. It is meant to introduce the live market. In no way, it should be seen as a tool to make...
Yes, it’s true that forex trading is a good place to make some good money. But it’s risky too. You have to prepare yourself for the challenges and...
I won’t advise doing that. In fact, I believe that you must examine your losses more closely than you examine your profits. Your losses can teach...
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