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 is a good investment for those who understand the market well. Earn knowledge on technical and fundamental analyses. I believe Forex is a good way to bring financial ability back.
You have to struggle to conquer Forex trading. Traders mostly fail in trading just because they don’t make the best use of their interest. They are not passionate about skill development that tumbles them ultimately.
Many of us lack a good trading strategy that make us suffer ultimately. So, make your own strategy of trading based on what type of trading you prefer. Forex can be a great opportunity for your career building but don’t take it too simply.
If you want to trade forex like stock trading, then it will be a major mistake. Because Forex is different from stocks in several jurisdictions. So, we should develop our own trading strategy based on our trading experience.
If you are a job holder or student, you should go for scalping because this approach of trading will help you derive your profit within a very short time
Your innovation of strategies will help you make research over the market to reach a decision regarding trading. Staying with the market for a long time will help you catch the actual market environment.
Majority of traders are suffering from forex trading just because they don’t know the proper ways of trading. Over and over practicing helps traders understand the market well and recover mistakes.
Lack of trading knowledge makes traders suffer a lot. They take mistakes as a curse and never try to take lesson from it. Turn your mistakes into a lesson and it will help you derive a better result. It inspires a trader not to make more mistakes that ultimately gives a trader better consequence.
Strategy-development should be the first and foremost preference of a trader because if you take an interview of expert traders, you can see that every expert trader has their own way of trading. This strategy is made according to their experience over the past years they traded Forex. It is not...
I know few traders, who are involved with this volatile market since 2017 but till now they are unable to make consistent money from this financial market! They are basically trying to earn money with a low trading skill (that’s my point of view actually)! What’s your suggestion guys?
There have only 2 types of options available for the Forex traders, to understand the sentiment of the market! Technical & Fundamental! Basically a number of traders try to rely on the trading tools for making their technical analysis, they completely avoid chart analysis! But in reality, Your...