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I totally agree with OP. One should not become a forex trader just because they are impressed with the luxury lifestyle of a forex trader on instagram. Forex is not a quick road to getting rich. One has to work hard to pave their way towards success on their own. So, don’t be fooled by those...
Risk management comprises individual actions that allow traders to protect against the downside of a trade. More risk means higher chance of sizable returns - but it also means a greater chance of attaining significant losses. Traders should be able to scan, analyse, plan and implement strong...
See, forex trading is a constant learning process. You cannot give a deadline to learning. There is always something different and new you pick up along the journey. It is said that newbies enter the market with a fixed mindset, and don't make it far because of a lack of understanding of the...
Beginners should start their journey with handling one or two trades at a time, until they gain experience. They need time to figure out how to make money, so with patience and planning, it is possible to earn small amounts but only if traders study the market sentiment and find a pattern with...
Nowadays, with everything available on the internet, learning has gotten easier and much quicker. YouTube and online forums are a great place to learn and understand how you should move in the market of such stature. Joining online forums is actually a good idea because you get to interact with...
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