Recent content by Swissing

I think the point here is about being flexible and adaptable. We must be prepared to deal with the changing market situations and modify our strategy accordingly. No strategy can work forever in the forex market as the market is ever changing.

Discipline is important in forex trading because it is the key to ensuring that you are able to stick to your trading plan. Without discipline, it is all too easy to get caught up in the emotion of the market and make decisions that are not based on your original plan. This can lead to losses...

I am a part time forex trader and I enjoy this. Though it become a bit frustrating sometimes to manage trading with full time job, I enjoy it.

Low profit is still profit, so I think beginners shouldn’t base high expectations at the start, they should focus on smaller lots to first gain an overall perspective of the market to expand later on. Less risk is easier to deal with in the beginning. You can either win or lose at different...

With rigorous practice on a demo, traders can develop an idea of how trading in the live market will be, strategising and analysing until they make profit. It is definitely not easy to generate consistent profit in the forex market, your knowledge and skill picked up as you grow is what will...

Aaafx is a reliable option for bitcoin trading. It’s regulated and offers relatively lower spreads.

Forex trading is not gambling so when you base your decision on luck or any kind of silly assumption, there are chances you will face loss. Develop a skill set and make yourself smart enough to handle problems as they come in a calm manner.

Focus on the hard work part of the trading process, success will come to those who have immense passion, determination and the will to keep going and never back down. Let go of random impulses and plan each move.

Motivation is something that acts as a driving force and pushes us to keep trying and improving ourselves. A beginner surely needs a lot of motivation to start learning from scratch and develop their skills. But things get harder when we start trading for real. Our brain will be looking for...

Good to see such an experienced trader on the forum. With 7 years of experience, you must have gained a lot of market knowledge and professional level skills. Long term success is hard to achieve for a forex trader but it is surely possible with discipline and consistency.

There's no doubt that forex trading can be a risky business. With in-depth knowledge and discipline, you can control your risk and make forex trading a much safer proposition.

It is important to spend at least two months trading on a demo account. This will let you get a feel for the market and how it works. You will also be able to learn about the different types of orders and how to place them. After you have been trading on a demo account for a while, you will be...

EUR/USD is my favorite currencycin the market. I also trade USD/GBP.

Mostly this happens when they are not confident or have patience to backtest their trading strategy.

All the risk in the forex market is related to the money you use for trading. So, you can reduce it by reducing the amount you use for trading. Obtain real trading experience to find ways for risk management so that you can enhance your risk appetite and make bigger profits.