Recent content by Zooscopy

It is a risky business, and there are a number of things that can go wrong. Here are some tips on how to limit your losses: - Have a solid trading plan in place and stay true to it. - Be willing to take small losses. - Keep an eye on your trade size. - Use stop-loss orders.,, - Manage...

A very informative post. I personally prefer the Fibonacci above any other indicator in the universe. It shows the most accurate market direction. The golden ratio of 1.618 is the most important aspect of the Fibonacci tool. This ratio is used by forex traders to identify market reversals and...

Hello there, welcome to the community!

You should keep these 3 points in mind while devising a strategy for trading. Time frame that is easy to incorporate with your schedule and suits your trading style. Number of trading opportunities. Position size. Other than these you should also look into the risk that is there with every...

Welcome to the forum Lens. Hope you are learning well with the help of the forum. Good luck!

Try forex trading, it is a good way to earn money while you become part of the largest financial system in the world. There are many other business ideas, but this one sounds the best! Happy learning!

It’s good with aaafx, rarely experienced any slippage.

Hello, welcome to the family! This is a great way to interact with fellow traders to learn better! Good luck.

You should never enter the forex market dreaming about overnight success and getting rich. Forex trading is for those who have a passion to learn and earn profits with their skills and knowledge over time. It will take some time and effort to make consistent profits from trading. If you are good...

That was a failed attempt at hedging. Taking up two opposite trades in the same currency pair is a strategy used by traders to reduce the risk. I will recommend you to learn more and work on your trading plan.

Carry trading is borrowing low-yielding currencies and investing in higher-yielding currencies with higher interest rates, resulting in fast profits.

They are indeed, If you want, you can test them on a demo to check their trading conditions and other features.

Emotions play a major factor when trading, and most of the time it plays a negative role. Traders who do not know how to control their emotions end up losing their capital out of fear, vengeance, overconfidence, rage, and doubt. There are many ways to control emotions. Meditation and...

No matter in which profession you are, you need someone to talk to with whom you can discuss the issues you are facing and take the needed guidance. Now that you may or may not find forex traders around, forex forums give you a great platform to have meaningful trading discussions with traders...

I know that greed can prove to be dangerous if not controlled well in time. But at the same time, I also feel that traders need time to understand this. If you keep telling them that they shouldn’t be greedy, they may not know what you are trying to tell them. But if you let them take a few...