Recent content by Theresa Duron

You might find trading forex a bit difficult and confusing but with time and learning you’ll understand the nitty-gritty of forex. Just stay focused and be consistent.

Forex drawdown is a really important concept for tracking the losses. One should keep the drawdown below 20% level.

I think those who have knowledge about the forex market and trading will never become victims of any forex scams. So the only way to identify these scammers is by educating yourself. New traders must be extra cautious as they are often targeted by such scammers.

Hello, hope you are doing well. How is your trading journey going? Feel free to share your experience in the forum.

This explanation is probably the best I’ve read so far about stop loss. Stop loss is a very crucial tool in forex owing to its high volatility. The forex market is very risky and it is important for all the traders to use a strategy with proper risk management and stop loss else you’ll suffer...

All the listed emotions are indeed like a poison to your trading career. Furthermore, emotions such as anxiety, stress, revenge, disappointment, overconfidence & underconfidence, and frustration are also very hazardous for you.

I trade forex as a part-timer and whenever I do, all I think about is trading. I don’t let any distractions make me make uncertain moves. All I do is well-planned trading and that’s what I would like to suggest to you too. The market distractions may make you believe that you must change your...

As forex scalping is a difficult strategy to do, beginners should start with obtaining the basic knowledge and then move to applying their hands at the strategy on demo and micro accounts. But they must make sure to not get over emotional while making trades so that they don’t end up blowing...

Stop losses are like life lines for all forex traders. Getting notified about a margin call is not a pleasing experience for any trader. That is why setting stop losses is so important no matter how good a trade looks at first glance.

I think forex trading can be profitable for anyone and even for beginners. A beginner just needs to gain market knowledge and also develop trading skills. Trading psychology is something that most new traders forget to read about. It is not talked about enough but it is an integral part of forex...

I think it would be best if beginners don’t see forex as a way of making money because it’s not that easy. They must start with it as a part-timer so that they are taking minimal risks while getting familiar with the forex market. Otherwise, the market won’t fail at giving you reasons to leave.

I hate it when someone compares forex trading with gambling. I mean what makes you call some other source of income a fun activity when they have spent years learning and getting better at it. You have to analyse the market before placing a trade to make profits. You also have to apply your...

Thank you for this wonderful post with these amazing 9 tips! Most people start trading forex without realising their goals first, and why they want to do it. They simply start trading in the hope of making money, and in this process, they lose it all. With such impatient and unskilled people...

Everybody wants to get rich quickly. But who has that much patience, especially in today’s age of instant gratification?

Hi! Pleasure to see you here at our forum. Hope to hear from you in future.