Recent content by Affusion

They do not consider practising on a demo account and the knowledge necessary to trade forex. If they consider them, they won’t fail as many do.

The forex market is one of the best markets to consider for trading and earning profits. A trader can easily make profits when they understand the power of knowledge and learning. Risk management and trading psychology are crucial too. When a trader utilises their skills and knowledge, earning...

Hi, welcome to the forum, you will find many courses online but I think it's best if you do it later. First get an understanding of the market on the whole and when you spend some time analysing and scanning, it’ll give your knowledge more meaning to do a course.

Newbies should place stop loss to lower the risk on each trade they enter. Without stop loss, chances of ending up with an empty heart increase causing them low self morale and they lose interest in trading. It is a part of risk management and it gives traders time to learn the market better.

A good forex trader forum can help you learn and improve your skills. The majority of these forums offer high-quality content for new and inexperienced traders. Furthermore, all traders can share their trading issues and challenges and receive solutions. Joining a forex trading forum can be...

According to current market conditions, the best coins are Bitcoin, Ethereum, Cardano, Avalanche, Lucky Block, and XRP. However, the market is unpredictable, so good research is necessary before engaging in any of these coins.

Pro traders have a well-defined trading strategy and are disciplined. Their trading decisions are not influenced by emotions.

The purpose of risk management is to reduce losses and increase profits in the short term while preserving long term investment returns. This is achieved through effective risk assessment, identifying trading objectives, hedging strategies and controlling emotions.

As a new forex trader, my advice for you; Don't trade with money you only have. Don't leverage your account too much. Don't get too attached to your positions while trading. If you keep these things in mind, you'll be well on your way to success in the forex market.

When you're trading, it's important to be in control of your emotions. After all, trading is all about making rational decisions based on the market. But that doesn't mean that emotions don't come into play. Here are some tips for controlling your emotions while trading: 1. Don't let your...

Thank you for sharing these tips! I find that many traders take revenge trades to earn profits quickly, which is not possible. Instead, it is a gateway to failure.

If a trader understands the market thoroughly, there is no chance of getting scammed. A trader should come fully prepared, having all the knowledge of the market and the loopholes that scammers try to exploit to hurt genuine traders.

It takes time and effort to control emotions like greed. Checking regularly on our negative emotions, like greed, can help us control them better.

Fear of losing, FOMO and greed are the most common emotions I have seen among newbie traders. They can make efforts to eliminate them. Having a strong trading plan will surely help them remain calm and focussed on the trading and keeping everything aside.

Hi. Welcome. Which market are you interested in?