I do not like to trade with any kind of deposits bonus and no deposit bonus, because it is all about scams and disturbs too much for trading due to many limitations. But newcomers always looking for a lucrative bonuses for trading comfortably. But...
Virtually every forex market operative can use a forex robot, from beginners to the most experienced forex investors, Beginners often rely on robots to earn them regular incomes as they learn how to trade while experienced traders use the robots...
Trading on a volatile market could be disastrous as well as very rewarding. It is always important to use the expert advisors if you know how to use them or make it a habit to apply the stop loss when prices are fluctuating. This could be very...
Loss aversion is a behavioral economics theory. That explains the behavior of some people who tend to avoid losses. You could say that some people do not want to incur losses, even if the profit behind those losses is double the potential...
The first stage in forex trading happens in the early years of one trading career whereby a trader is making a hot chase after profits without being mindful of the risk being taken and at this stage, the more you run after the profits, the faster the...
The usual best trading time is the 8 a.m. to noon overlap of New York and London exchanges. These two trading centers account for more than 50% of all forex trades.
We should enter the market and wait for a price runup or a price level to break. In case the script is not realized for an hour, we close the position at the market price, it does not matter will it be profitable or not.
The mostly trader fail in this business because they have not good attitude. I think as a trader we have be careful when we start trading and have to be clear mind about the trading because the positive attitude and trading with the deep interest in...
Depending on the individual trader to determine to stop loss. You should set your stop loss in accordance with your TP. If your SL is 100 pips, then your TP is supposed to be 200 pips. So far I try to make my stop loss around 20 to 50 pips. What I...