Recent content by Virgyl

Creating a good strategy is time-consuming but test run your strategies on demo account to measure whether they perform well or not.

Strategy-based trading is highly essential for a trader and strategy refers to a set of indicators used to forecast the market's movement down the road. Make your strategy proven by trading over time.

Emotion is one of the worst human qualities that drive a person towards failure. Traders take any adverse decision anytime being grabbed by emotion. Successful traders never serve their emotion.

Forex trading harder for traders and it really generates confusion in the minds of traders. So, focus on learning about trading first.

Strengthen your psychology so you can survive in the market for a long time. I am not that much addicted to listening music but I hear at times. I hear music especially when I feel depressed.

Suffering from indecision happens because traders can't catch the right trend of the market through analysis. Much time is required to develop this inner quality. Besides developing knowledge, human qualities should also be developed to derive high benefit from trader. I never open a trade...

Spread remains always on the top-priority. It lies between ask and bid price and narrow trading spread is always expected for earning more profit. Traders who are willing to trade risk freely should trade in those pair consisting of low trading spread. Low spread helps increase your return.

Nowadays learning is no longer a complexity because internet has made it really reasy. However, traders have resources but don't have to mindset to utilize the available opportunity. Traders can read e-books, watch video tutorials and follow other things to develop their knowledge.

Some traders have the tendency to borrow capital for investing in Forex but it's highly risky for them because of Forex's uncertainty. If he or she fails to make profit on his invested capital, it will be life-threatening for him to repay the loan.

Technical errors in platforms work as a barrier in the way of trading and so traders should trade with such a broker that provides a smooth trading platform free of technical errors like slippage, requites and dealing desk.

Revenge-trading, enhancing lot size, not caring about market situation, trading in highly volatile pairs are common practice among newbies. Traders can't improve their trading condition just because they stick to these issues.

If you love scalping, then try to beautify your scalping with nice strategies. I am saying so because scalping is my favorite strategy and always trade based on strategy that gives me a good return.

Never get worried about success because worry derails a trader from the right track. People can't succeed from Forex trading because they lack hard working capacity, passions, trading in the right track, trading with a reliable broker. Work for strategy innovation and try different approaches of...

I won't say I am a stark scalper rather I change my trading approaches at times. Is it okay?

Forex is a money market but don't think it won't only generate money for you but the scenario can be different too. Proper money management and risk-lowering tendency should be nurtured. Low trading spread, 1:500 leverage and flexible margin level brokers help minimize trading risk.