If you read up on any traders who are actually successful in Forex or even stock trading, you will notice that they think of it like any other business and not as the average retail trader might. Successful traders approach investment with a certain level of detachment and without emotional investment in the currency or stocks. If […]
If you’re a Forex trader trying to improve or optimize your strategy, there is a great chance that you have come across advertisements for trading tools. If you’ve ever wondered about whether or not they are any good and if you should use them, this blog is for you. Let’s get right to it. Can […]
We have heard plenty about the need for preparation in trading as well as the importance of risk management. Both of these are no doubt crucial to this business, but where does one stop? Surely, when you are trying to get something done there should also be some prompt to actually do it. Sometimes, the […]
Risk taking is one of the most daring and intrepid factors of human nature. Most of us scared of taking risks in our life, especially in core decisions related to business and financing. Forex trading is also a very important thing and none of us really want to take risks in this regard. Forex trader’s sale and purchase […]
Forex market and its prices are a mystery to most new traders. Questions such as, ‘what causes currency prices to move?’, ‘who decides whether one currency should appreciate in value or depreciate?’ are common on forex trading forums. It is to answer these very questions that this piece is being written. So let’s get to […]
A lot of people struggle with disciplining themselves when working from home and Forex traders are no exception to this rule. However, when it comes to successful trading discipline does play a key role. In this piece we are going over some of the main things that can help traders form a productive routine and make sure […]
What exactly is Forex Trading? What are the benefits and drawbacks of investing both your time and money in Forex Trading? Is Forex Trading fruitful? These are some of the questions you pondered over before diving into the ocean of Forex Trading and have your answers. What you’re looking for here are tips, suggestions, inside […]
In previous blogs I have written about the need to record your trades and also listed the best journal options out there. However, if you are a new trader you might be struggling with the most efficient way to record that will help you analyze your trades. When it comes to conducting Forex analysis or improving upon it, half the battle […]
Losses are a part of Forex trading, in fact all trading, so it is best if traders have a strategy in place to deal with them. Not only that but you can use them to your advantage too and learn from them to improve your future trades. If you are still not quite there and […]
You might have heard this being said plenty of times that you ‘need to figure out the trading style that works best for you’. If you are a new trader you probably have no idea how to do this. In this article we are discussing exactly this so that you can think of ideas besides […]
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