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Recent content by Apogee

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    How To Control Greed While Trading? You Should Know.

    Thank you for the informative post. I think setting a profit target before entering a trade and placing a Take profit order is a very helpful tip for many. We are always told to let our winners run but some just don’t know when to exit and end up exiting at a loss due to the reversal that...
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    Hi

    Hey newbie. Keep learning and growing. Feel free to ask anything.
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    The Importance of stop loss in forex trading.

    Without a stop loss, you risk blowing up your account and losing all of your money. There are times that we as traders, no matter how professional, make mistakes. Risk management measures, such as stop loss, prevent mistakes from becoming a calamity. For example, if I leave a trade open...
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    What emotions do you encounter the most during trading?

    Fear and greed are the two most important emotions to understand and manage. The significance of emotional management in trading cannot be emphasised. When I first started trading forex, I was overcome with emotions, such as greed, fear, rage, and anxiety, which not only impacted my day-to-day...
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    Best broker for commodity trading

    Can try AAAFx, been using them for trading both forex and commodities. Plus conditions are good. Worth a try.
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    How Important To Join A Good Forex Traders Forum For Profitable Trading ?

    I'm also a participant of many forums, and everyone there is quite helpful. Every day, new trading ideas arrive, and it's fascinating to observe how everyone sees the market differently. Every trader must take advantage of forums because they enable traders to share trading ideas and discuss...
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    Best Forex Trading Trend Indicators Explain, Beginners Should Know.

    Any trading strategy with a maximum of three indicators will work wonders. I use MACD with Bollinger Bands with 20 MA.
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    Hi traders .. just a quick introduction about myself

    Welcome to the forum! Your knowledge will be valuable here if you share it with us. Looking forward to learning some interesting and new things from you.
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    What Is A Spread?

    A spread that is higher than usual typically denotes one of two things: either the market is highly volatile, or there is a lack of liquidity because of after-hours trading. Spreads can dramatically increase before news events or even during the announcement of a shocking news like the Brexit...
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    Why Do Most People Fail At Retail Trading?

    In my opinion, most people fail retail trading because of lack of knowledge. Without the right and specific knowledge, traders will have no plan of executing a trade, they will not know how to technically analyse the charts, they cannot make good risk management decisions, and might also not...
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    The Importance Of Risk Management In Forex Trading.

    Risk management is a critical component of successful trading. Imo, the risk management plan should be made considering one’s risk appetite.
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    Can Forex Trading be a Full-Time Job?

    Trading Part time is different from trading full time, especially trading psychology differs. Traders switching from part-time to full time need to consider this change and work accordingly.
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    Forex Fraud Very Harmful For Forex Traders, How To Protect Yourself From Forex Fraud?

    Scammers mostly target youth and those who want to earn quick money through social media. Scammers show their shiny Lambos, and innocent people get attracted to such scammers, and, in that case, they lose all their money to the scammers. The only way to learn about such scammers and their scams...
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    Digging Deep Into What Forex Truly Is.

    In the forex market, if a trader lacks goals and the right mindset required to trade, they lose easily. They are concerned about quick money, which is not possible in the forex market. They must focus on knowledge more than anything else. It is because knowledge makes them understand the market...
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    How to Calculate Forex Drawdown?

    When reading the price action charts, be sure to use precise pixels. Get the most recent peak value first (PV). Next, after such a peak, get the lowest price value (LP). Divide LP by PV once you have both. 1 is subtracted, and the result is multiplied by 100%. This is how you can calculate the...
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