Recent content by Alexander Hudson

Without a good trading strategy, it’s really difficult to bear profit from the market. I follow the combination of RSI and Moving average.

Forex is definitely a real business but you can’t think it so because it’s based online. In this era, everything is becoming digitalized so does forex.

Prepare yourself by demo trading to make your investment valuable. Demo is an account funded with fake money so traders can trade here to ignite their trading skill.

To be gainful, just be disciplined in trading like follow risk management strategy and money management properly in trading.

Emotion is never a good quality for forex traders. But it's true that emotion saved my trades many times. Emotion influences a trader to take high risk in trading

As a Forex trader, it’s quite natural to face psychological challenges but you have to overcome those challenges with strong hand. Psychological challenges lead to poor result.

Forex offer flexibility to traders means the market can be traded the way a trader wants. To be honest, this advantage is missing in many businesses and that’s why forex is at the center of traders’ attraction.

Trade management means selection of how many trades to open a single day, selecting trade sizes, determining leverage amount and so on.

To brighten your luck, just sharpen your skill, which we mostly don’t do that leads us to the way of failing. So, we have to focus on skill development at any cost.

Two words ‘’demo’’ and ‘’knowledge’’ have been placed together because without demo trading, knowledge earning is nearly impossible.

I think yes because I am a freedom-loving person and never want to join any job for flexibility and freedom. Forex allows me with that freedom.

Market analysis is an inevitable part of trading and we have to focus on this issue very carefully so that we can reap maximum gain from the market. The more flawless the market analysis is, the higher the return is.

Your basic researches are perfect so now you should practice trading on demo account. The more you trade on demo, the more you will earn practical knowledge.

Forex offers currencies, commodities and indices to be traded. Commodities and indices are little risky compared to currencies so many traders prefer currencies to trade.

Many traders are trading forex as part time profession and as a par time profession, forex is a perfect one. But in all cases, traders have to be sensible enough.