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I've been looking for a perfect Forex market for 6 years, and I'm still studying your changes and seeking to refine my techniques!
I mainly work on EUR / USD, but I have thoroughly studied the crypto-derivatives market, I hope to have consistency equal to or close to what I have in my preferred currency pair.
It is always good to meet people with the same goals and ambitions and work together as a community ...
What is the Forex Market?
Forex - or FX, as it is also called - is an abbreviation for Foreign Exchange Market, which means foreign currency. The FX market was created in 1971 and moves large volumes of money daily, running 24 hours a day between 10 pm Sunday and 10 pm Friday.
What are the Risks of Investing in Forex Trading?
The forex market is the most aggressive in the world. The gains can be very high, but the risk is also very high. To speculate in this market you must have strong loss control, check that the broker is legally registered in your country of origin to operate, are fundamental precautions to keep it operating in the market.
Rules for Starting a Winning Journey in Forex!
1. Discipline.
Have a disciplined mind, do not be greedy in the market, for he will not be kind to you. Have a very strict Trader plan and do not get out of your rules!
2. Study.
You must study hard, especially in this risky market, knowing where you are investing your money can make the difference between profit and loss.
3. Broker.
The age of a good broker is more than 5 years and should work in the legal zone of countries like: USA, Grate Britain, Germany and Australia. Well Regulated to secure your investment in this broker! Your broker should also provide good support!
4. Strategy.
You must take the study and acquired knowledge over time to create a strategy and follow it and go improving, do not give up your strategies in the first mistakes and negatives, because if you stay trading all the time strategy will never have any and did not get to place no, Forex is an eternal learning, what works today, it may not work tomorrow, there is no revenue for earnings, there is a lot of hard work and dedication, learning and rigid discipline to have good profits ...
5. Emotional control.
This may be the main point, since emotional control can be the dividing line between a trader and a loser. It is amazing how adrenaline speaks loudly in this market, you see a winning position or a losing position makes you spend a million things in the head, so a strategy and a trader plan is important and disciplined more important, so you do not end a losing position that can become a winner, and also not close a winning position too early and end up failing to win what the market and its strategy had to offer.
Top Forex Rules
Negotiating is an art, not a science.
Never let a winner turn into a loser.
Victories in logic, impulsive deaths.
Never risk more than 2% per trade.
Always have a well-defined strategy and stick to your strategy.
Never be on impulse, do not let your emotional take care of you.
If you lose more than 3 positions in a row, stop and go do something, leave the market alone and go distracted!
If you win what your strategy defined, stop and go do something, tomorrow is another day, the market will still be there, profit writed accounts!
Use Fundamental and Technical Analysis.
Be cautious and responsible, the market will not be good to you.
For you to reflect!
It does not matter if my opinion is right or wrong, all that matters is if I make money - Brian Gelber
Most traders who fail have big egos and can not admit they are wrong - Brian Gelber
Losing trader can not plant and wait for the time to harvest - Tom Baldwin
When volatility and timing become insane, jump out - Michael Marcus
To operate is emotion. It's Mass Psychology, Greed and Fear - Michael Marcus
You have to agree to make mistakes regularly, there's nothing wrong with that - Bruce Kovner
The emotional wear and tear of operating is substantial. If you let yourself be influenced by losses, you can not operate - Bruce Kovner
Do not customize the market. The market is not a personal challenge. He is totally impersonal. He does not care if he makes money or not - Bruce Kovner
I mainly work on EUR / USD, but I have thoroughly studied the crypto-derivatives market, I hope to have consistency equal to or close to what I have in my preferred currency pair.
It is always good to meet people with the same goals and ambitions and work together as a community ...
What is the Forex Market?
Forex - or FX, as it is also called - is an abbreviation for Foreign Exchange Market, which means foreign currency. The FX market was created in 1971 and moves large volumes of money daily, running 24 hours a day between 10 pm Sunday and 10 pm Friday.
What are the Risks of Investing in Forex Trading?
The forex market is the most aggressive in the world. The gains can be very high, but the risk is also very high. To speculate in this market you must have strong loss control, check that the broker is legally registered in your country of origin to operate, are fundamental precautions to keep it operating in the market.
Rules for Starting a Winning Journey in Forex!
1. Discipline.
Have a disciplined mind, do not be greedy in the market, for he will not be kind to you. Have a very strict Trader plan and do not get out of your rules!
2. Study.
You must study hard, especially in this risky market, knowing where you are investing your money can make the difference between profit and loss.
3. Broker.
The age of a good broker is more than 5 years and should work in the legal zone of countries like: USA, Grate Britain, Germany and Australia. Well Regulated to secure your investment in this broker! Your broker should also provide good support!
4. Strategy.
You must take the study and acquired knowledge over time to create a strategy and follow it and go improving, do not give up your strategies in the first mistakes and negatives, because if you stay trading all the time strategy will never have any and did not get to place no, Forex is an eternal learning, what works today, it may not work tomorrow, there is no revenue for earnings, there is a lot of hard work and dedication, learning and rigid discipline to have good profits ...
5. Emotional control.
This may be the main point, since emotional control can be the dividing line between a trader and a loser. It is amazing how adrenaline speaks loudly in this market, you see a winning position or a losing position makes you spend a million things in the head, so a strategy and a trader plan is important and disciplined more important, so you do not end a losing position that can become a winner, and also not close a winning position too early and end up failing to win what the market and its strategy had to offer.
Top Forex Rules
Negotiating is an art, not a science.
Never let a winner turn into a loser.
Victories in logic, impulsive deaths.
Never risk more than 2% per trade.
Always have a well-defined strategy and stick to your strategy.
Never be on impulse, do not let your emotional take care of you.
If you lose more than 3 positions in a row, stop and go do something, leave the market alone and go distracted!
If you win what your strategy defined, stop and go do something, tomorrow is another day, the market will still be there, profit writed accounts!
Use Fundamental and Technical Analysis.
Be cautious and responsible, the market will not be good to you.
For you to reflect!
It does not matter if my opinion is right or wrong, all that matters is if I make money - Brian Gelber
Most traders who fail have big egos and can not admit they are wrong - Brian Gelber
Losing trader can not plant and wait for the time to harvest - Tom Baldwin
When volatility and timing become insane, jump out - Michael Marcus
To operate is emotion. It's Mass Psychology, Greed and Fear - Michael Marcus
You have to agree to make mistakes regularly, there's nothing wrong with that - Bruce Kovner
The emotional wear and tear of operating is substantial. If you let yourself be influenced by losses, you can not operate - Bruce Kovner
Do not customize the market. The market is not a personal challenge. He is totally impersonal. He does not care if he makes money or not - Bruce Kovner
