TIPS

1. You don’t have a trading strategy.The biggest mistake you can make while trading Forex is trying to trade without a well-structured trading strategy.Trading without a plan can result in letting your emotions control your trading, cause you to make impulsive decisions and give in to your biases. The most common result is missing out […]

https://youtu.be/2Ura9y953-M 2. Emotions: letting your emotions control your trading is the biggest mistake a trader can make. Our emotions cloud our judgment and can even ruin our trading strategy, leading us to losses no matter how much time we invested in analyzing the markets and creating a plan. 3. Lack of understanding: if you don’t make sure

About 90% of all traders lose money. In Forex trading the number is closer to 95%, which begs the question: Why do forex traders lose money? Here are 5 of the most fatal mistakes that cause traders to lose money: 1. Lack of a Proper Trading PlanMany Forex traders do not know that forming a thorough

There are many types of algorithmic (automated) trading. As an individual looking to automate your trading, finding a solid strategy is not an easy task, here are your options: DupliTrade: Automated Trading Made Simple. Our trading platform lets you automate your trading on Forex, Indices, and Commodities, by duplicating the trades of experienced strategy providers, which are

Most people look for financial freedom by creating additional income sources. A significant amount of these people, haveat some point considered Forex trading as a potential additional income. However, they are too scared to pursue it because of prejudice and bad impressions caused by the difficulties and time-consuming attributes that are part of Forex trading.

It’s no secret that there are certain character traits you must develop to become a successful trader. It’s not only about your formal education and depth of pockets, there are several character traits you need to have in order to be a good trader; 1. Patient Patience is an important trait, crucial for becoming a profitable trader.

One of the most important key requirements for successful trading is to choose a good and reliable Forex Broker, but the big challenge is choosing a broker from a large selection of brokers offering their services. These are the criteria that need to be considered when choosing a good and reliable broker: Reliability of the

Let’s discuss what may be the most fundamental principle when deciding to invest in Forex, setting a rational budget, and more importantly sticking to that budget. We will be going through the tricks of the trade and get down to what the secrets to successful trading all the while finding ways to minimize risk and