Recent content by Kenaleene

Traders usually spend tons of time tinkering with indicators, parameters, and trading rules without giving much thought to how long they might work. Take a basketball game, for example. Team Blue has prepared to go against Team Red by breaking down the individual players’ stats and analyzing...

1. Capital A lot of traders open a small account thinking they can turn their $25 into $100,000 by closing a lot of tiny but profitable trades. But just because you can open an account with $25 doesn’t mean you should. Remember that leverage is a double-edged sword. The number one reason why...

A single mistake could spell the difference between winning and losing a trade. This is why it’s important that you develop the habit of thoroughly planning your orders. Here are four steps you can follow to build good ordering habits: 1. Identify your entry, stop loss, and profit levels...

It’s easy to get caught up in daily defeats, isn’t it? Your forex trading strategy isn’t working. You’re losing money hand over fist even though you know your system works over the long-term and you’re following all the rules. If you aren’t careful, you could let it discourage you, allowing...

Thanks for sharing I hope it works perfectly and no repait

1.Know the Markets We cannot overstate the importance of educating yourself on the forex market. Take the time to study currency pairs and what affects them before risking your own capital; it’s an investment in time that could save you a good amount of money. 2. Make a Plan and Stick to It...

1 Decide how much you want to risk per trade One of the most important money management techniques in Forex trading is the so-called risk-per-trade technique. Risk-per-trade determines how much of your trading account you’re risking on any single trade. As a rule of thumb, don’t risk more than...

Trading psychology is associated with the traders’ mindset and how they are managing their emotions, thought processes, and trading decisions. According to the trading psychology definition, traders have better chances of getting large payouts, or at least not losing too many funds, when they...

First Of All Ifor you are a beginner you need to master your Entries. 2. Number of trades depend on the number of valid opportunities you encounter in the market egg if u meet 10 opportunities in a day it means 10 trades per day. 3. Number of trades also depends on the kind of a trader you are...