Recent content by Aficionado

I think most traders do not accept the losses they incur. And when that happens, a trader automatically loses. Acceptance is the key. Keeping a check on emotions while trading is helpful, but not many traders are able to control their emotions. Learning how to control emotions is an absolute...

Thankfully, we have margin calls in forex that alert us when we need to add more money to our trading account. But, getting margin calls is not good for trading, as it means your strategies aren’t working the way you have wanted them to.

Traders fail because they don’t stick to the right process, which involves studying and practising forex trading. But, I made sure that I followed the process, so I took a few courses on Udemy and created a free demo account with coinexx. Continued with the process for almost a month before I...

I don’t trust signals that much. It can be profitable for some, but I don’t think it is a good way to trade. Majority of the time signals do not match a trader’s personal trading strategy, which results in a loss. I’d much rather prefer trading over price actions.

This was a good sum up of different trend indicators and how they’re useful. Thanks for taking the time to post it. Other than using indicators, it is also important to analyse and observe the price action of the pairs.

Hey, it’s great to learn from different traders. Keep learning new skills and keep patience because results will take time to show up.

Hello newbie, you have chosen a great career option for you. Just don’t take a risk until you are ready for a loss. I hope you enjoy your career here.

Your greed comes out of unreasonable expectations. When you have gained experience, you hardly feel greedy to make a profit that you know is not possible. So, explore the market and gain experience because it’s really important to keep you on track.

The educational content on forex forums helps new traders develop the right learning curve by educating them on a variety of subjects. By participating in forex forums, you'll be in the same environment as other traders and share their desire to become successful forex traders. The information...

Yes but it is highly risky. Only those who are experienced and make consistent profits should take this step. To trade full-time, though, requires a certain set of skills, including the ability to manage emotions and risk. Prioritise generating steady income first. After that, you can enrol...

Reading about what other traders have been doing in their careers may fill you with confidence but when you want to make money, you will have to apply those strategies. You will also need to make changes to the strategies in accordance with your needs.

There is a lot that every trader would have to do to stay in the forex market for the longest time. It would mean that a trader shouldn't expect anything until he is capable of taking advantage of the market movements for his benefit. Study the basic market functioning and learn to apply your...

Trading foreign currencies is without a doubt a lucrative way to make money. Foreign exchange (Forex) trading presents excellent profit potential, but it also necessitates a high level of expertise and specialized knowledge.

Learn about a variety of trading strategies, then put them to the test in order to determine which one will help you achieve your trading goals and objectives most effectively. This way you can build and find a profitable strategy.

We can not stop fraudsters but can conduct our own research before investing in any forex trading program or system and prefer reading their reviews with due diligence.