Recent content by jonahelen527

Greed is one of the emotions that requires lots of practice and self-control. Greed resists traders from using risk management or opening large positions and eventually results in losing.

@LucifarFx Imo, it is better to make less profit than to lose the whole amount. I never neglect using strict stop-loss no matter how sure I am about my trade.

Silver is going a bit tricky. This is mainly due to the fact that even though the traders find silver to be a precious metal, it is also tied to the real economy.

There are plenty of good ones: pepperstone, fxview, hotforex, Ig markets, XM. All are regulated and have low minimum deposits.

Forex traders should learn the nitty gritty of trading and should develop appropriate skills to be a successful trader.

Hello Everyone, Welcome to the forum!

This is not the right place to hire someone. Moreover, giving away that telegram handle seems fishy to me. Fellow traders, be cautious!

@Jasonn That's true! Trading is a personal journey. Mentors and guide you, but in the end, the market is your real guru. If you critically analyse your trades and keep a progreessive learning mindset, then growth is bound to happen.

This mostly happens when the people fail to understand our vision and make us look stupid. And Only those who focus on their dreams are successful.

There are many books for traders which they can choose from. I personally like and think that the below books are very beneficial for traders, specially beginners: Currency trading for Dummies by Brian Dolan Japanese Candlestick Charting Techniques by steve Nison And, How to Make Living...

It may take years to be consistently profitable in forex trading, though there is no definite period of time. With experience, traders develop relevant trading skills and right psychology and eventually lead to success.

Experience teaches you all. With time, you learn to improve your trades and get better with your decision-making. You learn how important it is to follow your trading plan and the losses not following it can bring. You must not just enter the forex market at the right time but also exit from it...

Even when every strategy and every move is already discussed several times on the internet, not many people are able to make money through it. Some just enter the market to lose their money. This makes it clear that the market is so unpredictable that even the most experienced trader has to take...

Losses are difficult to accept but no matter how hard you try to win every time, you will have to accept them by the end of the day. Earlier you understand the hard reality of the market, hassle-free your trades can turn out to be.