Recent content by heispark

Demo trading is something that no trader should skip if he/she is serious about forex trading. It is an opportunity to get practical knowledge and test your knowledge. It will prepare our mind and provide a trading experience to ease our anxiety that comes up when we trade with real money. So I...

Like there’s a saying that health is wealth, I will surely quit trading if it takes a toll on my health. We can always make wealth if it’s lost or gone. But it will be difficult to rebuild our health if we don’t take care of it when needed.

Plan properly to stay put in the market. Create a plan that has a backup so you don’t lose.

I take a break from trading and chill with friends or family.

Every trader must manage risk if they are to make regular profits. Trading involves risk, which must be managed with discipline and a strategy.

Shortcuts might put you in a lot of trouble. Create a solid strategy to succeed in this market.

Decency for me directly relates to regulation. This is one reason, I am using AAAFx. Also, their spreads are competitive and I never had any issues while withdrawing my money.

We cannot classify forex as easy or difficult because every trader has a different ability of understanding the market's nature. However, it is clear that if you have well defined plans, skill for risk and money management and you can practise with patience then forex is the best source of...

Risk factor of forex is of course high but it can be lowered to a significant percentage with best risk management skill and extra practice. Moreover, higher the risk, the higher will the profit.

We can check whether it is legal or not. Also, we can avoid fake signal providers. Every trader should believe in education instead of shortcuts, it will help us to identify various frauds with analysis.

Trading without knowledge is pure gambling so for better strategy and planning, knowledge is necessary.

Political events affect the market as they directly affect the GDP and the currency rate of a country, for example, brexit.

For me, sticking to one reliable broker is good enough instead of hopping between brokers and getting confused. I started trading with aaafx, which is a regulated broker with good trading conditions, and still trading with them.

Binary trading is disliked by most of the traders because it is highly risky but there are a lot of people who prefer binary trading because of its quick profit earning source.

Forex market is highly opportunistic and is the largest liquid market across the world. You have large flexibility and can trade 24 hrs a day for five days a week and that too from your desirable place. In the forex market you don’t need big capital to be a trader, you can be a successful trader...