Trading psychology is a critical phase of achieving success in the forex market. It deals with the emotional condition of a trader when entering and closing trades, looking for potential trade opportunities, or carrying out other trading-related tasks. Usually, most traders experience losses because of negative emotions that hamper their rational decision-making processes and cause […]
Goals are important to set to become successful. Even in Forex trading, traders should have specific goals that can help them to measure their performance. However setting goals is not easy in Forex, especially when you are a new trader. The first mistake every new trader makes is they make unrealistic goals. And when they […]
The most common life events that lead to single parenthood—death, divorce, etc.—upset more than just your marital status. No-one plan on being a single mom when they got married. I also bet you didn’t plan to raise your kids by yourself without a man until they became young adults either. But sometimes, our plans do […]
Finding a suitable broker is very important before trading. It’s easy to be scammed as the market is full of scammers. Read our previous blogs to learn how to choose a broker. There are different types of brokers available in the market. You can choose any broker which are suitable for you. Following are some […]
Perhaps the more stressful work before doing trading is finding a reliable forex broker. Your broker should be reliable and transparent in their rules. There are some basic tips that you can follow to find out your suitable traders. 1. Find out what YOU want: Different traders need different types of brokers. For example, if […]
Finding the Best Forex broker is important for trading, no matter which trade you are doing. Forex brokers are those who work as a middleman or an intermediary between a trader and the interbank system. The Interbank system is actually a network of banks who trade with each other. There are so many brokers in […]
Risk management is the key element to know before entering into the forex world. Successful traders often evaluate the risk before trading. On the other hand, many traders face loss because of not evaluating their risk before trading. Even if you have the best forex system, without risk management strategy, it’s hard to make a […]