Forex Mistakes
Forex Mistakes
Why Analysts Don’t Make the Best Forex Traders?
Market experts or analysts are good at making predictions about the market. In fact, most of them always accurately predict the direction in which the market would move in the future. However, when it comes to trading their own funds, they often end up putting a miserable performance. The reason behind this is pretty simple. […]
Why Do Traders Lose Money?
Even though they use the most detailed charts, mechanical tools for trading, various indicators, and devices for elemental analysis, foreign traders also known as forex traders do lose their investments time-to-time. Even the most well-known and expert investors have in their days suffered loss and heavy blows. Experts are of the opinion that like winning, losing […]
7 Trading tips that can help beginners
If you are just starting out and a little nervous about the market with the information flood that you have probably exposed yourself to, this is the right place for you to be. Stepping into the world of trading where trillions of dollars are exchanging hands every day, it can get a bit overwhelming. What to do […]
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- 1 year ago
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10 Common psychological trading mistakes
Whether you’re a beginner or someone who’s been around for some time, where there is money involved your psychological approach can make all the difference. We’ve compiled a list of 10 psychological approaches that can hurt your trading career in the long run. These are just some attitudes and ways of thinking that you should […]
Trading like a Casino: Does it work?
You know what this blog is going to be about. Let’s get right into it. The Background There is a lot of talk about trading being the same as gambling because it’s all based on luck. Whether or not you think it’s true (to read up on this topic you can take a look at a blog we […]
Can risk be controlled in an increasingly global market?
The psychology behind support and resistance This has been discussed in another blog in detail but we will go over it quickly here. Resistance level shows that supply has exceeded demand. At that level there are too many sellers and not enough buyers. On the other hand, support level shows that demand has exceeded supply. At that level […]
Misinformation about Forex: Clearing the Air
It is often said that forex trading is taxing emotionally and mentally. A lot of new traders who get into this market are not prepared for the mental labor and discipline required by it. For anyone who is thinking about joining the forex market, there are two kinds of opinions and advice out there: 1. […]
Revenge Trading: Why You Need to Stay Far Away from It
It is common for traders to let emotions get the better of them and indulge in counterproductive trading habits without even realizing that they are. One such habit is revenge trading. It is way more common than you might think and almost always results in losses for those who indulge in it. In this blog we’re going […]
Forex for Beginners Forex Mistakes Forex Psychology Trading Tips
- By root
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- 1 year ago
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Forex Scams – How to Spot them a Mile away
There are a number of people over the world that fall into the traps of scammers. Due to this reason, they lose a large amount of cash in the hands of meticulous tricksters. On the off chance that they had a superior method for distinguishing the tricksters prior ahead of time, they may have gotten away […]
Is it a gamble to trade in Forex?
This is a question that gets asked all too often. If you’re looking to step into Forex you probably have seen it being thrown around, or perhaps you’ve asked it yourself. In this piece we discuss the similarities and differences between the two and decide what it is that can distinguish between these two and […]