I am just curious to know who thinks that cryptocurrencies are safe to trade when I know that they are the most volatile coins in the financial markets. Just be careful before you set any trading expectations.
In gambling we bet something we can lose (money) in hope of gaining something we don't have (money). In forex day trading, we study the market and then anticipate the market movement in hope of gaining pips. Traders can manage their risks unlike a gambler.
There is a high possibility of making money through forex. However, the risk is also a matter of concern and traders should use strict risk management.
It’s one of the most common strategies. They involve identifying a key price level, the trader expects the price to break through, and then buying or selling at the same price to take advantage of the situation. Mostly, breakouts are used when the market is already on an extreme high or low of...
Hedging is difficult and you better don’t do it until you have a lot of money for losing which won’t hurt much. Experiments also work when you have some experience.
I don’t believe in putting limits before you explore the market. You must try your hands at everything that comes by, be it using a strategy or trading without a plan. When you face the consequences of trading incorrectly, you realise better. You will know how much being greedy costs and how you...
Capital wallet is a multisig wallet, so it’s pretty safe. You can also enable 2-FA in your wallet for additional security if you want. Regarding fee structure, then you’ll be charged 0.5% trading and conversion fee, which is on a per-trade basis.
Forex is not expensive until you start losing more than what you can afford to lose. Having a risk management system can save the day along with the right strategy that would ensure enough profits on your capital. The good thing about forex is that you can start small and still have a chance to...
That was an informative post. Even though losses are sometimes inevitable in trading it is better to take all the necessary measures so that we can be free of the guilt that comes after losing our hard earned money because of a stupid mistake. Risk management is crucial and it acts as a shield...
Hello there, welcome to the community. I hope you are doing well, in both health and trading. You will gain a lot of useful information interacting in this wonderful community. Good luck!!
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