Recent content by Xie Yuanjun

Yes, you certainly can. Nothing is impossible in this world, but it isn't as simple as it appears, and it isn't a get-rich-quick scheme. You'll have to study a lot. There are several free internet resources for this, such as Babypips. You must work as hard as you study and you will achieve your...

Mentors can assist in swiftly grasping trade concepts and avoiding the difficulties of self-learning. However, genuine mentors are difficult to come by. This, however, should not prevent you from pursuing your goals. There are many forex communities where you may get advice and support from...

A dependable forex indicator does not exist. You can use a few indicators to generate signals, but you must keep your emotions in check and trade with good risk management. There is no indicator that will get you 100% of the trades right. If you opt to trade utilizing indicators, remember to do...

I favour a risk-reward ratio of 1:2. I strictly adhere to this rule and do not favour trading if the returns do not exceed the risks involved. This is a critical risk management technique. When trading, some traders apply the 2% rule. They do not trade if the risks involved exceed 2% of the...

Traders are susceptible to a wide range of emotions that can cloud their judgement and cause them to act irrationally. Fear, greed, stress and impatience can all lead us to make mistakes, enter or exit trades at the wrong time or chase losses in an attempt to recoup our losses. These reactions...

You may decide by choosing the datasets that are most feasible for your current trading strategy. Too much of datasets may be misleading. Also too less may give you wrong predictions.

Dedication is very important if you really want to make it profitable for you. Without dedication, you may earn some profits here and there, but to earn good profits and survive in the long run, dedication to trading is very important.

There are several scalping strategies, but according to my point of view, using relative strength index(RSI) as an indicator is best as it is much simpler to understand.

AAAFX is a good option for beginners, regulated broker with solid trading conditions.

In general, someone who works according to strategy, and avoids all the fake signals or scam calls, is very profitable.

Both have lots of advantages but i think price action is more simple, worthy and easy for both beginners and professionals.

According to my experience , the 3 most important thumb rules for successful trading are backtested strategy, deep analysis and practise.

Yes, of course, why not? trading is the best way to become earn money. With the help of online trading platforms, trading has become so accessible to everyone. Forex trading is the most stable and vast platform for people who prefer to work from home with high income.

11 days are too long. I’ve an account with AAAfx, I use crypto for withdrawals and it hardly takes me a day to get my funds.

As a beginner, the best suggestion for you is to focus on the mechanism of the market and do not worry about the results. You may not be able to earn a lot of money as a newbie but that should not be your concern as a newbie. Successfully trading forex takes time and requires experience which...