Recent content by Regalm_

I rely on majors mostly!

Yeah that's why swap free accounts are there that do not charge any fee for keeping a position open overnight.

I keep the range in between 15-20 pips per trade.

Higher the closed pips, the better the trade is.

At one point of time, we all make excuses. But after understanding the importance, we all work harder for it.

Sounds good! Will backtest it first.

This Omicron variant might weaken the global economy again.:(

Glad we’re on the same page. :)

Absolutely! You start trading, you just hold and add to every losing position, lucky for you, all losing position reversed into profits. And you think you’re the special one.:D Then a time comes, it never reverses and everything is gone.

I'd say it's science and art both. Setting up your environment, creating your strategy, continually testing and learning are all science driven, but the interpretation of that data based on your context is art.

Well said!

I have understood that trading is a mindset game. That's why we should be very good at managing the trades based on the surprises that market gives us.

Trading forex profitably requires that you employ a definite strategy. There is no right or wrong way to trade, rather what is important, is for you to determine the one that you will adopt. Sometimes, you'll find out that a trading strategy will work well for a certain currency pair in a...

A strategy is developed by the individual trader based upon their own personality, financial assets, and trading mindset and skill. The ones that I use are: Candlestick strategy Parabolic profit based on the moving average (you need to set three moving averages on the chart as well as a...

That's a better idea dude.