Well said! To grow as a trader, traders should analyse their previous trades and then proceed further.
@AndrewMcCalam Is it really so? I know many brokers which allow scalping like Turnkerforex, LMFX, EagleFx, CedarFx, and so on and so forth. Have...
I have been using a Forex Factory for a while one. Other than that, I use Forex Crunch and Forexlive.
The forex comes with a lot of pros, such flexibility, low barriers to entry, and high liquidity. It can be your business if you possess the...
I’m expecting an uptrend since everything is playing in the favour of bitcoin.
Bitcoin and ethereum are two cryptocurrencies that I really trust. These are volatile enough to give traders opportuinity to earn profits and...
I think cryptocurrency has shown less fluctuations during this whole Russia-Ukraine situation compared to how it behaves usually to any big event....
I don’t think any legit traders would be sitting in front of a camera all the time. They will be too busy with their trades and won’t waste their...
Forex is for traders who can adapt to the changing market conditions. It’s for the brave heart who knows that the market makes sudden moves but...
I believe scalping is a good one to go for if you can handle the risks. Many might think of it as an easy way of making money as it doesn’t...
The market volatility makes it intrinsically risky. If you are not managing your money and risks, a single losing trade can make you lose the...
Generally, traders avoid trading with exotic pairs because of high spreads and high volatility, which makes them risky and expensive to trade.
Forex market has high liquidity, which makes it beneficial to trade. Undoubtedly, that’s the market’s biggest advantage. The downside of the...
Scalping requires quick decisions, along with a robust exit strategy, because you have to enter and exit traders in a short timeframe, which makes...
Traders should choose currency pairs that are stable, have low spreads, and high liquidity. So based on the above criteria, I think major currency...
Yes, not sure about the figure though. But studies claim that more than 97 percent of day traders lose money over time, and only about 1% of day...
If not controlled, Forex trading, like alcohol, can become an addiction. It can lead to exhaustion and fatigue, which can influence trading and...
Volatality is the essence of the crypto market. Price keeps moving up and down but never moves in the same direction for a very long time which...
I think it can! I’ve seen many influencers on Tiktok and other social media platforms who are sharing just basic stuff about forex trading that...
I really like “Market Wizards” by Jack D. Schwager.
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