Recent content by Gibbosity

That’s right. Forex trading is just like a business and you can only make money when you’re passionate about it. You must be patient and disciplined because traders fail here. It also entails being patient and organised in your approach, as well as remaining focused on your goals at all times...

Forex trading is a huge market where you can make a lot of money if you make the correct decisions, therefore aim high, and always conduct the right trade with the right strategy and proper money management.

A beginner must not think that you can gain profit overnight and become a billionaire. Over trading, revenge trading, and keeping unrealistic expectations are the common mistakes beginners make. If you have trading skills you can make way more profit than you have ever imagined. But to gain...

I prefer to rely on Zulurank for picking up a good trader on Zulutrade. Besides, I compare the traders based on my trading needs and risk appetite, it helps me make correct decision.

Greed is the emotions which play an important role in trading. New traders and their accounts have suffered because of greed. Like many other worthy efforts, overcoming greed requires a lot of effort and discipline. It isn’t easy, but it can be done. To avoid being a greedy trader, strictly...

Continuous learning is a non-deniable trait of forex traders. You may go through your courses once before you start. But you keep learning with every trade you execute and every loss you make.

There is no denying the fact that professional traders are skilled. I also cannot deny that they learned these skills over the years of hard work and patience. We all study from the same material but still not all of us are able to make consistent income. It depends on the effort we put into the...

It’s more risky than you will ever think. Sometimes you will think you are near your goal and the market will take an unexpected turn. In such a situation, if you don’t have your risk management strategy, you will be standing stagnant in the market without really knowing what must be done. This...

Traders fail because winning in the forex market is not an easy thing to do. They overlook the importance of learning and set unrealistic expectations. They don’t even try to find out what went wrong with their trades that need to be improved. Not every trader can keep patience and so, not every...

Risk and return go hand in hand, one cannot get rid of it though you can reduce it to some extent. Investing in the forex market is risky only for those who think of this market as a get-rich-quick scheme. You’ll have to understand that you cannot become rich overnight. You have to work hard for...

Yeah, Health is wealth and I can’t compromise on that. But currently I have no such health issues and If in case I have any issue then I will cure it first by taking a break. Trading is important but not more than health.

News trading basically means fundamental analysis. The concept of fundamental analysis is to carefully observe the news of social, economic, political, and other fields, and sort out the ones that can directly or indirectly affect the financial market. Fundamental analysis is really essential...

According to forex experts all over the world, the bearish state of the EURUSD is set to continue all throughout 2022. So my plan is to make strategies accordingly, and trade well. The first priority for me now is to make little to no loss, and then aim at profits.

Well, that’s a wise decision as per me. Though nobody will stop you from trading full-time, you must not depend too much on your demo trading results until you get an idea of what it can be.

Don’t depend on what others tell you about using a demo account. We don’t sit with you while you practice so there is no way we can know at what level you are and how much you have learnt so far. You have to judge your own performance and check when you feel you are ready to trade in the live...