Search results

I think traders should stick to demo trading as long as they are with Forex market because demo isn’t only for learning but it is also for many other reasons.

Over-trading is believed to be consuming the entire equity of traders. Is it actually true or it’s a good practice?

Risk management in trading is a buzzword in the forex community. Can you please tell me how you manage your trading risk?

I know rough trading leads to losses and that’s why I always try to avoid rough trading. What about you?

You will find thousands of traders trading forex as a part time trader and do you think it’s a perfect way of trading?

Scalping is always my favorite trading strategy just because it gives me quick return. Is it the only reason people love scalping?

Traders should use multiple strategies at a time to produce better signals, which help a trader earning big amount from the market. They are all part of technical analysis.

No strategy will give you 100% profit but can give you return on average. So, build your own strategy.

Unleashing emotion into trading may cause havoc in trading. Emotion is the worst quality of trading. Lowering leverage means lowering lot size and it falls into the jurisdiction of risk management strategy.

To forecast the market trend, you can use indicators. RSI, moving average and Bollinger bands seem to be good indicators. Besides technical analysis, keep your focus on fundamental analysis too.

The cardinal target of traders should be increasing profit ratio. You can adopt some tactics to higher your profit ratio. Except for so, there is nothing you can do for certain to reduce the loss ratio.

Try to fight volatility with knowledge. Forex’s volatility rises from over-flow of cash, inflation, deflation, clashes among nations political turmoil, and financial downturn.

Market forecast can be done through analysis. You can use a brief analysis to forecast the market but brief analysis isn’t always effective enough. However, keep practicing all the time.

I always recommend traders to go for ECN brokers because it’s a good option for them than the remaining twos. Select such an ECN broker that meets your trading requirements and allows you with high security of funding.

Follow expert traders because there is lesson for you. The strategy of losers is over-trading, which gradually lowers the equity of traders. More and more trading will not only destroy your trading mode but also get you out of the market.

Keep your eye on your equity while trading because loss of equity means loss of capital. To every forex trader, equity management is essential. Trading experience is like a flaming asset that traders hardly have. More and more time is requires to grow this experience in traders.

Anxiety works as a hurdle in the way of trading. Recover from it as early as possible and then analyze market condition. The sharper your market analysis is, the higher your return is.

If you are randomly choosing your trading pairs, then surely you are missing something! You should select your trading pairs so carefully according to their performances in demo! By the way, I used all of the major currency pairs in my live trading account! But in demo, I practice more than 20...