Recent content by Whiskerine

Very well said, a good forum will not only help a trader understand the market from different perspectives but will also broaden their network increasing their chances of learning new skills and approach techniques.

Take account of your current goals in forex trading, how much you want to trade in a day/week, what’s your target profit and loss ratio, etc. If you want to try some other strategy other than your current style, go forward. Rebuild your strategy by using analysis of the market. I suggest you...

These are surely some of the best wallets and are highly secure. You could also add, Capital wallet, Trust wallet, Edge Wallet in the hot wallet category and Trezor Model , Ellipal Titan in cold wallets.

A good and informative post by the OP. Forex drawdowns are vital to evaluate since it is an indicator that helps forex traders assess account balance volatility. To put it another way, it will inform you how much and how far your account equity will fall following a losing run. Drawdown is...

Hello, welcome to the forum. Tell us more about you. Avoid scalping completely in the initial stage of trading, it’s risky. It needs a lot of knowledge, experience, and expertise and is suitable for experienced traders.

Hello, welcome to the forum. I hope you learn new things here. I would just advise you to learn thoroughly as that will be highly beneficial to you. When I was a beginner, I kept learning for six months straight.

Hello swillsigner. I hope you are in good health. As you have been trading for quite some time now, maybe you can share with us some of the best trading tips? It will be interesting to know.

The basics of carry trading strategy lies in the fact that the trader has to accurately analyse in which direction the market will move in the near future. As carry trading involves holding the currency pair for a long time, the trader needs to analyse the market daily in order to be sure of his...

Hey guys, the pandemic is still here and we better take care of ourselves. I hope you have a great time trading your favourite assets.

Well, I can’t say that cryptocurrencies are the safest currencies. But I can say that they have a future and are here to stay in the market for a long run. But they are quite volatile and only a trader with a good risk appetite will be able to handle the tantrums of the market to make money.

Hello Lens, welcome to the forum. Please tell us more about your trading life. How is it going so far?

Risk management is the most important element in trading. The volatile nature of the forex market makes it risky and traders must be prepared for potential losses. Thank you for sharing these relevant tips and I hope all beginners will pay more attention to risk management.

Hedging is actually a good way to manage the risk but you couldn’t execute it properly. If you were actually trying to hedge then you need to learn more. And if it was by accident then you should actually make a trading plan and stick to it.

I would say forex trading is surely worth a try if you are willing to learn and work hard. The forex market is easy to access but making profits from trading is not a piece of cake. You get profitable as you learn and gain experience as a forex trader. All of us who are earning from forex now...

These are surely some good options to think about. For modern day people, crypto trading is also a good opportunity to make money. They can learn from online sources and then apply their strategies in the live market.