Recent content by wicky1986

Good Side: Commodity prices cant become zero as there is a demand of a commodity everytime unlike a share of particular company. In case, prices of commodity one bought in futures goes against, he/she can take physical delivery from exchange and kept in a warehouse. One can make handsome...

The fear of losing money or of losing a trade can be crippling to a trader, causing them to miss out on high-probability trade setups, second-guess themselves constantly and it can even cause them to be unable to sleep. Clearly, if we are to succeed at trading we have to conquer this fear.

Skill Assessment. Are you ready to trade? ... Mental Preparation. How do you feel? ... Set Risk Level. How much of your portfolio should you risk on one trade? ... Set Goals. ... Do Your Homework. ... Trade Preparation. ... Set Exit Rules. ... Set Entry Rules.

Choosing the Wrong Platform. ... Risking Too Much. ... Ignoring Longer Time Frames. ... Trading with Poor Risk-to-Reward Ratio. ... Not Using a Stop Loss. ... Trading Difficult and Unclear Patterns. ... Losing Control of Your Emotions.

Leverage is the use of borrowed funds to increase one's trading position beyond what would be available from their cash balance alone. Brokerage accounts allow the use of leverage through margin trading, where the broker provides the borrowed funds.

10 hours a day is a full time Forex trader and if you plan to do it a part time then you can have something like 5 hours daliy