Recent content by EuroTrader

As any business grows many scams and misleading activities are also there, people want to get benefit through unfair means. Beginners should remain away from these things . they should get guidance from any experienced friend or company so they do not go to wrong hands. If there start is well...

Losses are not to make us tense, they are regular part of trading which are manageable if you are eager to know why they occur. Then efforts to minimize the effects of loss are valuable when trader do planned trading and losses are in control. Trading without loss is not possible however...

You have to do work hard, get knowledge and learning from your own trading results that will really sharpen your trading. If you really want to get success in forex, you have to see your own mistakes and find out the reasons behind the mistakes . Then wise decisions according to the market...

In this case trader should take some risk to invest some more capital in trading account. 1 year is enough time period to have experience on small account. If you are not successful yet , change strategy and have a courage to trade with more money. Time and success level both are important to go...

I have seen the effects of elections in past years from UK, France and USA as well but this election had the poorest effect on market in terms of volatility. I mean market just did not give a damn about these elections. Being super flat.

I do not think this ratio is reasonable if we give importance to skill just 10 percent then with a 90% mindset almost all traders should be successful because every trader comes to this market with the hope they want money not want loss.

Of course, the result of the newbie mistakes is a loss. it is nothing new all newcomers do loss in trading until they do not lose money how they will learn to manage risk. That is why it is said to trade live with a small amount so that they can get an idea of how much practice they should do...

EA will never make you consistent profits. I suggest you can use Averaging EA but you must use minimum lot and at least $3000 in account. If you will start using big lots thinking low lots are making less profits then you will be gone on a bad day.

There is no specific answer to how much time anyone will take to become a profitable trader. All traders had different mindsets and picking power however they should not show a hurry to make money in forex business until they are not having some experience. a beginner is successful if he is able...

Mindset to make money quickly and this gets them in trouble straight away. when they see a big loss then they try to make it back and in process, they lose all the account.

It is not possible to trade in every pair for a trader. He has to select a few of them in which he will do the practice of trading. I mostly trade in currencies some times I use to trade in Gold with very low risk. My mostly traded pairs are major currency pairs as EUR/USD, GBP/USD, EUR/JPY.

I have seen so many strategies and method since I started in forex world. The best one is to use market structure along with support and resistance levels. You have to be patient for proper setup to be formed and then profit is all yours.

It's funny to think of investing a big amount after selling any asset you have and dream to make 10 times more profit from forex trading. It will be a big mistake especially when you are a beginner. I control my trading through some ways my first rule is to invest a small amount until am not...

In current situations where all the world is focusing on online work or work at home, forex can be an excellent chance of earning for people who are facing unemployment. When you will learn the real art of trading then use your free time with certain amount will give you a cashback value.

There is a need to set your mindset or manage your trading psychology. How much loss you face depends on your skill, first, you have to know how to work with your own emotions, are you ready to face loss then you will certainly manage your risk-taking decisions. It is not all mindset but it...