Trenchant

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Joined May 24, 2022

Posts 17

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Experience No Experience

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Recent Posts

Greed is poison

Greed in forex trading can make you go broke because you will be overspending your capital or trade at the wrong time to make more profits. It is important to develop your mindset and have a trader’s psychology in order to not lose just because of the mere reason of overwhelming emotions.

4463

Dec 09, 2022 at 09:43

The fear of losing opportunity

The fear of missing out on opportunities is very painful, just how you feel FOMO by your friends. Haha, anyways, back to the point- If you want to keep an eye on the market always, even when you are away or asleep, you can use bots for that specific period of time. Customise your bots to the number ...

6037

Jul 21, 2022 at 05:22

Ready made strategy doesn't

Right, ready-made strategies do not work. It might be helpful to provide an outer shell by the help of which you can frame your own strategy or plan. If you are a beginner trader, please do not rely on other trader’s strategies. Like this you won’t learn, and won’t last long in the...

2577

Jul 07, 2022 at 05:00

Can you borrow money from the bank to trade forex?

Never! You should not borrow money in order to gamble in a market you know nothing about. Never invest what you cannot afford to lose, and certainly don't borrow money. Forex is one of the most volatile & risky markets to invest in. Think if you have invested all your borrowed money & th...

10237

Jun 17, 2022 at 09:24

What makes one a Professional Trader?

A successful professional trader has a trading system in place. This system is built on careful observation of personal approach, money $ risk management, and price movement of the instrument he is trading. A professional trader knows when he will enter the trade and there is bound to be time when h...

11203

Jun 17, 2022 at 09:24

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.04165	GBPUSD	1.25285	AUDUSD	0.64987
USDJPY	154.741	USDCAD	1.39763	USDCHF	0.89427