Recent content by sarah lawrence

Some people tend to find forex scary because they think forex is this huge mumbo jumbo of exchange rates, geopolitical scenarios, economic policies, etc. This can overwhelm certain people as the dynamics of forex trading are not understood by many people. And because they don’t understand it...

Rightly said.Practice indeed makes perfect. :)

Mainly when I find out that my trades have been successful and I have made good profits. Also when I exit a position right before the market goes into a tizzy, that sigh of relief is matchless.

I agree. Live account is the real deal. You tend to be more careful and observant when you are trading with real money. You can have millions in your demo account but unless and until you get started with live accounts you won't learn any concrete lessons.

Get your basics right. Understand technical and fundamental factors affecting the market. There are free online courses that can help you with trading basics so you don’t have to pay anything. Keep a regular watch on markets and economic and geopolitical happenings. Get a demo account and start...

There are multiple resources I refer to for trading like economic calendars, free online courses and videos for better understanding of the conceptual basics, charts, indicators, market news websites like investing.com, Bloomberg, etc.. Interacting with trading enthusiasts and experts is also...

When I make nice profits and learn from my trading mistakes which help me in developing better strategies. I believe everyone's main motive behind forex trading is making loads of money.

To keep a healthy track on forex movements some of the most crucial news that should be followed consistently is the GDP, inflation data, unemployment reports, political atmosphere, trade deals with foreign countries and statements issued by eminent persons about the economic conditions. You...