Recent content by arlolucas

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    risk management

    For stability, don't forget to mix up your investments and establish clear stop-loss orders. A risk-reward ratio helps you stay focused on your objectives, and being aware and creative is essential to staying ahead of the trend. Finally, trade disciplined, control the size of your positions, and...
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    Currency Pair by Pips Value

    Currency pairs with the highest pip value per standard lot typically don't involve the US dollar (USD) as the quote currency. This means pairs like EUR/JPY (Euro vs Japanese Yen) or GBP/JPY (British Pound vs Japanese Yen) will have a higher pip value due to the yen being quoted in the tenths...
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    What is a best strategy to find trend direction and market condition

    There is no single perfect way to identify trends in the forex market, but what I use is a combination of technical analysis tools to help me out. These tools include things like looking at charts for patterns, and looking at trading volume. By using a few of these tools together, you may be...
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    successful traders and unsuccessful traders

    I'm always interested in learning what sets successful traders apart from the rest. From my experience, it seems discipline and a well-defined trading plan are crucial. It's easy to get caught up in the emotions of the market, but sticking to your plan and managing risk helps avoid impulsive...
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    books to help develop a healthier mindset towards losses

    I can say from my own experience that Mark Douglas' "Trading in the Zone" is amazing. It covers the mental sides of trading in great detail. Would be a good start if you haven’t!
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    What are forex trading signals?

    As per my thoughts, forex trading signals are like suggestions made by other traders so that you can test out. They are either paid or free. While many are inaccurate and can result in losses, some are beneficial and correct so it is important that you should do research before trying out in live.
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