For some forex traders, the fear of success is just as real as the fear of failure, even though it sounds silly.In fact, I'd say that it's worse than the second one because it comes from the ...
The best traders know how to "feel" the market and predict what it might do next. This is sometimes called "gut feeling," and I rely on it a lot in my own trading. In my opinion, every trader needs ...
In the stock market, everyone has losing streaks from time to time. But how do you know if it's a "normal" losing streak or a "debilitating" losing streak that will cause you to lose all the money ...
Forex Trading is different from other businesses because it only involves money. In other businesses, you have to keep track of inventory, costs, and assets. So, the foreign exchange losses that ...
I already know what you're going to say: this article's title is pretty daring. Even though it's bold, I promise it's not an exaggeration. If you read this whole article, think about it carefully, ...
What is Risk Management in Forex?Forex risk management strategy is the process of dealing with risks to reduce the amount of money that could be lost. There are many good things about the forex ...
Getting out of trades at the right time is one of the hardest parts of forex trading.You can leave the market too late and lose some of your profit because you didn't lock in any of your gains. ...
If you’re interested in forex trading, chances are you’ve spent some time exploring a variety of alternatives to traditional stock market investing. Any number of things can come up in this kind of ...
If you want to be a successful stock trader, you only need a few minutes online to find phrases like "plan your trade; trade your plan" and "keep your losses as small as possible." For traders who ...
