Five Ways to Avoid Forcing Your Trade

Five Ways to Avoid Forcing Your Trade
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A “forced trade” is essentially what we call trades that you take on by sidestepping your usual trading rules, either by engaging in a trade that’s too large, or merely trading more often than you should. Although this perhaps sounds innocent, making forced trades is really one of the most common, yet most serious mistakes […]

Four Things You Need for the Perfect Home Trading Room

Four Things You Need for the Perfect Home Trading Room
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Regardless of what you’re working on, the ambiance matters. Putting careful thought into designing the area where you work will significantly enhance your efficiency. Whether you’re an experienced forex trader or are just getting started, a well-designed trading room will undoubtedly help you out. So, what should you focus on while creating a trading station […]

Life Lessons You Can Learn from Forex Trading

Life Lessons You Can Learn from Forex Trading
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The single reason that most traders cite as their main motivation for getting into forex trading, without a doubt, is money. And that’s not a bad thing, as forex trading can certainly be a great way to make a lot of money. And just to set the record straight: There’s nothing wrong in acquiring wealth […]

How to Manage Forex Trading Risks

How to Manage Forex Trading Risks
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Managing your risk in forex trading is the key to become a successful trader and make money. A lot of times, traders lose money not because of lack of skill, but due to poor risk management.  In this article, we will discuss the different methods that are available to minimize risk in forex trading, helping […]

How to Reduce Losses in Forex Trading?

How to Reduce Losses in Forex Trading?
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Traders have access to the forex market 24 hours a day, 5 days a week. As a result, they are certain to face risks and uncertainties every day of the week. We also know that uncertainty is inversely corelated to comfort levels – the more uncertainty, the more uncomfortable you feel, which in turn makes […]

How to Manage Stress as a Forex Trader

How to Manage Stress as a Forex Trader
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Traders have access to the forex market 24 hours a day, 5 days a week. As a result, they are certain to face risks and uncertainties every day of the week. We also know that uncertainty is inversely corelated to comfort levels – the more uncertainty, the more uncomfortable you feel, which in turn makes […]

Forex Trading Opportunities in September

Forex Trading Opportunities in September
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As we have all just witnessed, August ended in a much more dramatic fashion than July. Not only has the trade war between the US and China escalated to new highs, the stock market has also seen wild swings, and precious metals have entered a bull run the likes of which has not been seen […]

3 Reasons Why Interest Rates Matter to Forex Traders

3 Reasons Why Interest Rates Matter to Forex Traders
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When the US Federal Reserve cut its interest rate by 0.25% in July, it marked the first time it has done so since the financial crisis in 2008. And according to many analysts, the Fed may cut interest rates five more times by April 2020. The economic and financial impact of this interest rate cut […]

4 Tips for How to Recover from Trading Losses

4 Tips for How to Recover from Trading Losses
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Just like everything else in life, trading will have its ups and downs. You won’t make big wins every day, and there will be multiple days when you’ll face losses. When faced with a loss, traders often start to doubt their skills and tend to become risk-averse, which sadly is likely to worsen their trading […]

Forex Trading Opportunities in August

Forex Trading Opportunities in August
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As usual in in the month of July, it was a quiet month in the markets with many traders in the US and Europe taking some well-deserved time off from work. With trading volumes significantly lower than usual, however, small orders can make a larger impact on market prices than they would under normal circumstances.  […]