Profit targets are the most important part of your trading. A profit target is a predetermined point at which an investor will exit a trade in a profitable position. It requires you work out in advance exactly how much risk you are prepared to take for how much potential reward. In this article we are [...]
The approach is precise as its name implies – a system in which you setup everything prior to trading and then leave all actions to be automated according to predefined parameters. You have to understand that set and forget trading is not a strategy, it is a trading approach. You chose your entry, stop losses, and [...]
Trading psychology is a key to success in the forex market. As human beings, we are inherently sensitive creatures, which dictate our judgments. Although these emotions are not necessarily wrong, how we react to them is what matters, especially when trading currencies. If emotions get the best of you and you fail to control them, [...]
This is a rewarding business which is open online 24/5 and is an outstanding method for making high returns and quick cash. Traders can reap the fruits of good trade by timing their trade wisely. Just as in other businesses, a new Forex trader too has to follow certain do’s and don’ts to become successful [...]
