Recent content by Exclusion

I’d suggest any newbie to go for a free course as a beginner. The basics of the course will provide you fundamental knowledge about the forex market. Having this basic knowledge you can start testing your ideas and trading strategies on a demo account. You can further sign up for any course...

Hello there! For how many years have you been trading?

Although most people come to the forex market believing it to be a simple and easy money making market, real traders actually know that it is quite complicated. The largest and most liquid market in the world is the foreign exchange market, yet trading currencies is very different from trading...

Yes, Forex trading can be a full-time job if you want to earn a living from it. If you are really into Forex trading and want to turn it into your career, then yes, you can do this. Just like any other business, it takes effort, time and money. It is not an easy job though therefore, you will...

You have so many helpful resources. My favourites are parabolic SAR, MACD and bollinger bands.

The best way to learn about Forex trading depends on your individual learning style and preferences. However, I would recommend reading books and watching youtube tutorials as two of the best ways to learn about Forex trading.

Forex trading is a risky business and there is no guarantee of success. Therefore, you should have a plan and a trading strategy. Be disciplined and patient.

Instead of backtesting, run your strategy in a demo account for a couple of weeks. Demo trading has live price actions whereas backtesting uses historical price data. The economic conditions of the historical price data might not be the same as the present condition. That is why running your...

Thank you for this helpful and concise information. Being able to calculate drawdown is necessary in forex trading so that the trader has an idea of his account’s highs and lows, and trades accordingly.

Greed can be a dangerous thing when it comes to forex trading. When you allow greed to take over, it can lead to making impulsive decisions that can be costly. It is important to stay focused and disciplined when trading forex, and not let greed get the best of you. When you are able to avoid...

It is utterly important to join a forum that not only teaches but also makes you feel connected to the community.

The forex market is fast-paced and volatile, so any miscalculation, or even the tiniest little mistake can result in a loss. It is thus important to keep a track of how focused, and consistent you are. Don’t blindly follow the theories of the strategies you read, apply any instinct and common...

It is important to practise trading in a demo account for at least 6 months. It will brush up your skills tremendously, and give you practical experience on how the market reacts at different times. If you have already made a strategy, a demo account will allow you to find out the profitable...

Thanks. I hope the same for you too. Do share your experiences and keep in touch. Good Luck.

Hello dear. Welcome to the forum. Would like to hear more from you. All the very best for your trading career.