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Becoming a professional trader is a dream for many, but it's not a path paved with easy wins and quick riches. Instead, it's a journey that demands dedication, discipline, and a deep understanding of the financial markets. To help you embark on this challenging yet rewarding path, we've compiled a list of 15 essential rules that can guide you towards becoming a professional trader.
Trading in financial markets can be an exhilarating endeavor, promising opportunities for financial gain. However, it's essential to approach trading with knowledge and caution. One critical decision every trader must make is whether to start with demo trading or jump right into live trading. In this blog post, we'll explore the key differences between demo trading and live trading and what you need to know before making your choice.
In Forex, There are many more official currencies that are used all over the world, But there are few the volatile & handful of currency pairs that are traded with the forex actively.US Dollar is one of the most actively traded currencies because of the size and strength of the United States economy.
Sentiment Analysis is a perfect addition to all technical parameters you use to assess Forex market performance. It is the feeling or tone of a market, or its crowd psychology, as revealed through the activity and price movement of the securities traded in that market.
Traders spend too much time looking in the rearview mirror. They spend too much time overthinking, analyzing, and not enough time trading. This article lays out the 10 tips that traders need to do when they are trading in order to stop overthinking and start trading.
Discipline is one of the most important qualities traders need to have, but it's also one of the hardest to display. If you can't control your emotions or keep your trading style consistent, you'll never see success in this field.
In Forex Trading, there is a high risk of losing money even though you have the best of intentions. In this article, we will talk about the three main reasons that most forex traders lose money.
Economic calendars are a way for traders to get an overview of upcoming economic events. These events have the potential to affect the markets in various ways, so it's important to have knowledge of them before they happen.
The forex market is the largest financial market in the world. It includes all of the major currencies (such as USD, JPY, EUR) and allows traders to buy and sell one currency for another. This article will cover how to trade currencies, what you can expect to happen in
They say forex trading is an emotional game. And while some traders are lucky enough to be born with the right temperament, others need a little push to keep their spirits high on days when it seems like everything is going wrong. That's where quotes come in.
Forex trading is a volatile environment, and there's no guesswork required when it comes to how much money you'll make or lose. If you want to be successful in Forex trading, then these 10 rules will protect your investments and help you avoid losses.
Trading and investing in the financial markets can be intimidating. The Forex market is no exception. With so many brokers and trading platforms out there, it's not always clear which one to choose – and that's before we even start looking at all the different account!
A key tool most successful traders use is a Trading Journal. The reason we keep journals is so we can easily go back and review past trades and figure out what went right, what went wrong, and attempt to figure out why.Trading journals help traders track their trades.
As a beginner forex trader, there are some important things that you need to consider before investing in the forex market, which include market risks, trader safety, risk management, etc.