Recent content by jamesgarcia

All sessions are good if traders know the right pairs and the strategy. Also, it is important for traders to choose regulated brokers to trade without worrying about their funds. Here is the list of regulatory bodies and brokers they regulate...

Quick withdrawals and tight spreads a “must” when you are looking for that perfect broker that makes trading affordable and hassle-free for you. But what you see in the advertisements is not what you get in reality. So, do a little bit of research before making a choice.

The process of learning about the forex market and how to trade is itself quite long. There are a lot of market tools to learn about like charts, indicators, strategies, and signals, how they work and where to get them. Once one has known the basics, he or she can try to practise trading in a...

Exactly! Unless you don’t use a considerable amount you can never work on your psychology and won’t be serious about risk management. Btw how’re the spreads with aaafx? I’m thinking of making a switch.

I trade forex for two reasons and two reasons only; the money it brings in for me, including the losses that come from investing, and how easy it is for me. Those are my personal motivators, because money makes the world go round, and all work and no play makes Jack a dull boy.

There are a lot of tips i can give you, including, but not limited to: Have good money management. Practice with a demo account. Analyse everything and anything. Research research and more research. You can never stop learning.

If you are starting out your journey as a forex trader, then you will be surprised to see an overwhelming number of brokers, so you must do your due-diligence before choosing a broker. Make sure to go through reliable forums including this one because many reputed traders share their...

Yes, you’re right! We should trust people on social media. These scammers are very deceiving. Traders should have proper information about trading, so they avoid getting scammed.

Major pairs are generally preferred because of high liquidity and low spreads. EUR/USD, USD/JPY, GBP/USD, and USD/CAD are some of the top pairs that you can trade with. If you are new, EUR/USD is perfect to get started.

I agree! Knowledge is a powerful weapon for being a successful trader in the long run. Forex robots are dependent on certain conditions for working efficiently whereas knowledge will help drive a trader through any difficult trading situation.

Forex trading plan is a guide that helps a trader with making decisions throughout the trade. Trading plan needs to be strictly followed to be effective.

The number of trades depends on the strategy you are using. If you are using a scalping strategy, you will be executing more trades in comparison to what you have been executing if you were using a swing trading strategy.

These might seem like obvious things to do when you are trading in the market. But still, most traders overlook them and take unnecessary chances that lead to losses.

Risk management is the name given to the process where you set a certain set of rules for yourself about taking risks, using leverage, and deciding an amount to trade with the aim of reducing your losses.

The most important and the most difficult part of forex trading is money management. You know that you will have to put in money to make it but still, you can’t because you are not sure if you will make a loss or profit. And if you don’t risk any money, your broker may start charging you for...