Let's get back to one of the most useful topics for a novice trader - common mistakes and ways to avoid them. You won't be able to become a pro overnight. But instead of striving for perfection by choosing an ideal strategy and ideal plan, focus on basic mistakes. By eliminating every problem, you will move a little closer to your ultimate goal of becoming a professional trader.
Latest Articles
High Trading Leverage is Risky - Myth or Reality?
2:15 PM
Apr 20, 2020
9269
There is a lot of talk around the leverage in the Forex community. Some think it’s their salvation, others believe it might ruin you. Both opinions are right because high leverage can bring you both huge profits and losses. Today we will consider in detail how this tool works, what risks it carries, and how to control them.
Leverage from A to Z
1:11 PM
Nov 1, 2019
14127
It may seem unrealistic, but your ability to correctly select the size of trading leverage can play a major role in your future Forex career. It is crucial to make this choice separately for each of your transactions. Once you figure out how to do it, you will decrease the number of unnecessary losses and increase your potential profits.
How to Create a Trading Diary | Why Keep Trading Logs?
3:54 PM
Oct 23, 2019
15307
An inexperienced trader might think that writing down all your trading actions is just a waste of time. Isn't it better to spend this time more wisely and try to earn more profit in the next trade? If this seems logical to you, then you simply do not understand the full benefits of journaling. A trading diary can significantly improve your results if you keep it regularly. Trading records also help you keep better track of reporting control gains and losses during trading, which is just a small part of its advantages. Today I will try to change your mind.
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