blackdiamond's latest activity

Leverage is a very important financial tool for traders with small accounts. It helps us control bigger positions and grow our market...

I agree that we need to test our strategy for a long time. Many new traders lose money because they change their plans too fast...

Most traders lose because they want to become rich overnight. They use huge lot sizes and hope for a big win. When the market moves...

I always use a strict stop-loss for every trade. This way, I know exactly how much money I can lose before I start. It helps me stay...

I agree that Forex is very difficult for beginners. You have to practice every day to develop your trading skills. It takes a long time...

Trading without a risk management plan is very dangerous. You can lose all your funds if you don't have a clear strategy. Always decide...

You can practice for free with a demo account for as long as you want. It uses virtual money, so you don't lose any real cash while...

Forex trading keeps my mind sharp every day. I learn about world news and global economics to make better decisions. It is a great way...

Trading is not a game to get rich fast. If you don't use a stop loss, you can lose your whole account in one hour. Please be careful...

If you have a problem with your broker, just ask on the forum. Other members will tell you if the broker is a scam or reliable. This...

Always keep an eye on your margin level. If it goes below 100%, you are in big trouble with your broker. I lost my first account because...

Passion is good, but don't forget discipline. I know many passionate traders who lost everything because they were too emotional. You...