Recent content by Tumultuous

The forex market is really a rewarding career for those who are hard working and focused. There are more than 10 million people trading forex all over the world which makes it the largest financial market. The forex market has a daily volume over 6 Trillion dollars and it is also the highest...

Hi traders. How’re you all doing? Wishing success to every trader here.

Low spread brokers like turnkeyforex, paxforex, lmfx, can be good options for commodity trading.

fantastic article A good forex forum can assist you and ease your journey. It is beneficial to join a forex forum and become a part of the trading community.

You can’t go with the flow because such a mindset can prove really costly for you in the long run. Your aim should be to reduce your losses and that can be done by reducing the risk you take per trade. So, consider your affordability while building a trading plan.

You can’t control how you feel. It’s obvious to feel sad on a loss and celebrate on a profit. But when these emotions start taking the shape of your losses, you know that it’s time to either take a break or strictly stick to your trading plan.

I do not understand traders who trade without placing stop-loss. I never forget to use one even if I am 100% sure of my trades.

Margin calls are important in a trade to avoid draining the whole trading account. Traders must add funds to keep the trade open or close his trading position in order to avoid excessive losses.

You will have to get an understanding of all the available strategies and practice them on a demo account. This will give you an idea about all the strategies and based on your comparison, you can make a choice for yourself.

I don’t know why but I don’t believe in signal providers at all. I mean it’s not easy to trust someone you don’t know personally. Moreover, when other traders will be benefited if you lose, I don’t understand why someone would want to help you in making money.

It is up to the trader to decide when he wants to trade forex and when not. You may be making some great income but it doesn’t mean that you keep making good money. You have to prepare yourself for the challenges and ups and downs to stay in the market for a long run.

It’s true that a lot of traders lose money in the forex market because they can’t control their greed. When they can’t handle their greed, they often enter and exit trades without analysing the market that leads to unforeseen losses. Every move should be planned so that your losses remain in...

It’s about your comfort. You can learn from any source as per your level of understanding. Books, articles, videos, courses, podcasts, and seminars are all good to get familiar with the market.

I don’t think it would be easy to mention every emotion that I go through while trading. It’s a train of emotions that doesn’t let me sit calmly in the market. I have to make trades, take losses, and again make trades. It’s not easy to keep my emotions in place.

Hello, it’s good to have you here in our league. Keep asking your doubts to get better day after day.