Recent content by brunildafulton

Emotion is the enemy of forex traders. Most people get caught up in their emotions when trading, and it gets them into trouble every time. Emotion is what makes people buy high and sell low.

All the strategies mentioned can be profitable if one understands them properly. They can also be practised on a demo account to avoid losing money while also learning how to apply them. Improving your strategies means avoiding stop loss triggers and being able to book profit consistently.

This information really needs a spotlight. I have seen many people being greedy and ultimately losing the profit along with the initial investment. Greed is one of the main reasons for a trader’s failure. The information above provides a logical approach to this problem. Thanks for sharing.

A forex trading chart is a graphical representation of the prices of the currencies traded in the Forex market. The prices are usually represented by candlesticks, bars, or lines. It is difficult for beginners to grasp the difference between the bar, line, and candlestick charts. However, by...

$100 is enough to start forex trading. To make money in Forex, you need to first learn how to trade and then use a good trading strategy. One can find a lot of information on the internet about Forex trading. A demo account will help you gain the knowledge to start making money in Forex.

To recover losses is to not repeat the mistakes made in the past while also working on strategy improvement. Make a list of all the things you did wrong. Go through them whenever making a decision again. Find out the areas where your strategy execution or strategy itself lacks.

I think all the useful indicators have already been listed. I use the moving average indicator to figure out the direction of the price and use bollinger bands to make decisions while trading.

Knowing Forex trading basics will help beginners to understand the market and allow beginners to make better decisions. Knowledge about the market will give an edge to the beginner Forex trader.

Thank You for sharing this post. Swing trading is a technique that attempts to take advantage of short-term price movements in order to capture gains. This post gives a good description of swing trading and how it works.

Having the knowledge of market situations can give an edge to a trader. He can use that analysis to predict the market direction.

Scalping is best done by experienced traders. As it involves good technical analysis in a short span of time, newbies are advised to not follow this strategy.

In my opinion the best thing about crypto transactions is that they are highly secured and are fastest. I'm glad the broker I'm using (finprotrading) offers this payment option.

Hope is that one emotion which most of us feel is the least harmful but it actually makes a trader over- confident and doesn't let them see the impending danger. Traders often take unnecessary risk only because they "hope" that things will turn out in their favor.

In a highly volatile market like forex, stop loss should be an integral part of every strategy. Otherwise a large losing position can wipe out your entire account and sometimes more than the capital invested. Stop loss can be of different types based on how you identify it but whatever be the...

The negative trade makes you lose money because overall, you're still losing money. It's not a good idea to hedge because it often results in a worse overall position.