Recent content by downtrend

To all traders 5% risk is quite high, I will not support that much risk in trading. Risk management is not easy for traders, until he is not well practices he can not manage it. It is a long process to learn all about taking risk and risk management. They will learn it by doing mistakes and...

I am not new trader like who just started in 2021, but I feel a should knew many things and am trying to get knowledge and want to chase my targets. Everyday some new things are ahead of me when I face live market. it is quite challenging and keep a trader motivated to face new circumstances...

You are right in demo we can not feel our loss as much as we feel its danger and effects in live trading. In real trading a big loss is a life changer or shocking because one can be totally out of the trading if he loose his all investment. Demo will trained you when you will really learn from...

In forex you can not say you are learned because it is a continuous process that will give benefit as you adjust our trading according to the market situation. Your mistakes and greediness will be hurdles in success so A traders has to get knowledge and control other factors too that can effect...

At this point you are saying right just capital is not the only thing that will give you a lot of profit. FIsrt you should avoid to invest too much money in a trading account. You have to increase capital gradually as start from $300 to $500 , if you are expert trader you will now the profit...

Scalping is an art and not everyone can do it. If you think placing random trades and closing them quickly is scalping, then you will end up losing most of the time.

Controls on emotions will be with a trader when he will consciously try to overcome on emotions. This is not a work of some days, it needs time to manage emotions. A good trader realizes the importance of emotions and avoid emotional involvement to make his trading successful.

What Time frame are you using for scalping ? I suggest just use M5 and M1 for scalping. If you are using higher timeframes than these, you are using intraday timeframe and they will not help much.

The worst habit of traders is hope. Hoping that market will return when your positions are in loss. This hope will destroy your account and you will not be able to make anything.

One tip from my side is to never use grid positions because it will destroy your risk management and you will eventually blow your account. So use only fix percentage on a single trade and it will keep you relax.

Cryptocurrency is getting in at minor level and there are no chances of its evolution untill 1 or 2 major retail giants add a cryptocurrency to their payment system, for example amazon or walmart.

Risk management is very important and it will keep your mindset right. If you are trading without planning and poor risk management, your mindset will be disturbed when you will see a big drawdown and everything will collapse.

This is infact a luxury if you can trade the London session because most of the move start in London session and you get the best entries in start of London session. The liquidity and volume adds up at New york open and that is the time to take profits and close your trades running in profits.

Searching new trading accounts is the best idea in this way you can get an appropriate trading account for you. If a trader wants more from trading he has to experiments on different trading styles and different times of the day. I use to trade in many pairs so that I can check which currency...

US30 is my new love these days and I am scalpinh it on 1min chart as the moves on hogher time frame are way big and it needs a bigger account to trade those moves. So trading US30 on 1min chart can be done on small accounts of 500usd as well.