Recent content by Epedaphic

Forex is a good business to get into because it offers high potential for profits. Forex trading is an extremely fast-paced and highly competitive market, which means that there are always opportunities for those who are willing to learn and invest the time necessary to succeed. The forex...

This is such detailed information provided by you. For every forex trader it is important to know all these indicators before entering the market. It can help traders in making more informed trading decisions.

To avoid the risk of losing money when trading, incorporate robust risk management. Trade with a small risk -1-2% of your trading capital. And keep a record of your trades. Also, avoid using high leverage.

When you plan perfectly and move in that direction, everything will work fine as long you stick with that plan. But as you move opposite to that plan in a negative way, everything will start to show you the opposite results. So, it is crucial for you to understand the importance of seriousness...

I think most retail traders are too quick to give up and lack patience in the first place. A beginner should be willing to learn and take it slow until they become skilled enough to risk real money in forex. You will have to deal with challenges but becoming a successful trader is surely...

Nowadays the forex market is easily accessible to everyone around the world due to the advancement in technology. So, all of us have equal opportunity to make profits in the forex market. But we need to gain knowledge and develop trading skills for making the most out of this opportunity.

Hello dear, how’s it going? If you need help, feel free to ask anything.

Trading on the Forex market is a profitable enterprise in general, but it is not for everyone. When you first begin to comprehend the trading process, it appears to be rather an incomprehensible enterprise. To make forex trading a full-time career, you need to focus on gaining forex knowledge...

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 trading but also influenced my trading judgments. Among the ways that helped me combat them are sticking to the plan, setting achievable goals, taking...

Forums can be a source of information from many traders regarding their experiences, understanding about a specific topic, giving tips, and so on. It contributes to diversifying a trader's knowledge and widening the scope in a variety of ways. Another advantage of these forums is the ability to...

It is the difference between the ask price and bid! Example: If the bid price for the EUR/USD is 1.4500, and the ask price is 1.4550, then the spread is 0.50. That's the difference that the market maker charges you to buy or sell $1.00 of EUR/USD.

Forex trading is simple. You don't need to know complex technical indicators to be successful. Of course, as a smart forex trader, you'll learn as many technical indicators as you can, but you don't need to know a lot of them to succeed. Just pick the best and correct one for you.

To make the most of your Forex trading, it’s important to keep a few things in mind. One is that you should always trade cautiously and use market conditions to your advantage. You should also be aware of the risks involved in Forex trading and take steps to mitigate them. Finally, remember that...

There are a variety of ways to learn about Forex Trading. One way is to use an online course or tutorial. Another way is to attend a trade school.

I would say emotional trading always ends up in losses as we deviate from our original trading plan and overlook the risk. In my opinion, poor risk management is the by-product of emotional trading. We must learn to separate our emotions from trading and just stick to our strategy no matter what.