You know experience is a word comparable to nothing. But acquiring experience is not as easy as it is thought. A traders needs to several ups and downs to earn experience. The reward of experience is so sweet that one can hardly imagine. But in forex space, you will hardly find an experienced...
Behind a successful trading, fundamental and technical analysis is responsible. With a strong and valid analysis, a valid signal can be generated that can lead to a successful trade. In brief to say, a successful trade is hard-earned. Even if a trader hits SL, it can be successful too as the...
The way of improving is to recover bad practices day by day. It’s like removing one’s trading fear and emotion, overcoming excessive trading, etc. As traders can hardly recover from these bad practices, their success rate is very light. That’s why it plays the key role for developing oneself as...
I know few traders, who are involved with this volatile market since 2017 but till now they are unable to make consistent money from this financial market! They are basically trying to earn money with a low trading skill (that’s my point of view actually)! What’s your suggestion guys?
There have only 2 types of options available for the Forex traders, to understand the sentiment of the market! Technical & Fundamental! Basically a number of traders try to rely on the trading tools for making their technical analysis, they completely avoid chart analysis! But in reality, Your...
The rule is so simple, when I have my TP then it’s a successful trade position to me! I don’t close any trade manually! After opening any trade position I always wait for the result, either it’s TP or SL.
I have a fixed selection on trading leverage, because I have been doing my live trading from the last 5 years! So according to my past trading experience, I am using only 100:1 trading leverage! Basically I can’t reduce more because my trading capital isn’t that much standard!
I think, it’s a wrong approach, please don’t try to make money here & try to focus on your process & try to be a consistent player here! If you want quick money, surely you’ll face a huge loss! Process is very important, don’t lose your learning motto!
Well, when you doing Forex trading with an immature trading skill, then surely scalping is a risky trading system to you! Basically, Scalping is a short term trading style, so need a sharp trading skill to make a consistent player in this field!
Don’t judge your trading skill too early, I see a number of new traders try to open their live trading account so early! It’s a very wrong approach! If you open your live account, with an immature trading skill, then surely you’ll suffer in your live account! So, if you are seeking here the...