Recent content by Arafx

I think the most important factors that an unsuccessful trader lacks, are risk management, a solid trading strategy, continuous learning, and emotion control.

That’s a practical approach. What sources do you find most reliable for your research?

Great tips. How do you incorporate volume analysis into your strategy? Does it often align with your other indicators?

That's a wise strategy! Do you have a preferred set of indicators that you find works best with candlestick patterns?

To keep your Forex trading on the safe side, always have a stop-loss in place and never bet more than 1-2% of your stash on a single move. It's also good to handle leverage like it's hot, because it is ;)

It's okay to face losses. Key is to learn from them, stick to your strategy, and maintain discipline. We all have ups and downs ;) what matters is resilience and learning.

Totally agree! A solid base helps, but real-world action teaches best.

Got it, so it's more about the timing and how each pair behaves under different market conditions rather than finding a 'magic' pair. Your take on liquidity and volatility across majors, crosses, and minors sheds a lot of light on the nuances of Forex trading. Appreciate your insights on how...

Transferring funds between brokers is a standard practice based on individual trading strategies. It's important, however, to check both brokers' terms of service regarding withdrawals and transfers to ensure you comply with their policies and to avoid any potential issues.

Got it! Staying with what works while adjusting for market movements, risk, new insights, and capital sounds like a balanced approach. Flexibility without constant change is crucial.

Solid approach! Regularly reviewing trades and being willing to test and adjust before going live is key. Keeps you ahead of the game!

Makes sense! Keeping an eye on performance monthly is smart. It's like, if it ain't broke, why fix it, right? But also being ready to pivot when needed keeps things sharp.

Your perspective on learning from the market's price movements and adapting your strategy incrementally is a valuable takeaway. It’s a great reminder that staying static in trading can hinder progress. Appreciate you highlighting the importance of evolution in trading practices!

Thanks for sharing your process! It’s great to see how disciplined you are with your monthly reviews, focusing on understanding the reasons behind any losses. Your approach to making small adjustments rather than overhauling your entire system is really wise.

Thanks for the insight! It's really interesting to hear how you balance sticking with what works and being ready to pivot when the market shifts. Having that Plan B (and even C!) in place sounds like a smart move, especially considering how unpredictable things can get. Appreciate you sharing...