Recent content by Alexis_0

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    Discipline is required

    You should limit the number of your trading to one or two maximum every single day and it will help you I believe.
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    Wise Trader

    Psychological control and well-researched decision differentiate a wise trader from others.
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    Why hedging isn'ta good way of trading?

    Hedging can reduce potential gains and increase complexity, leading to higher costs and potentially confusing financial strategies.
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    Is it wise to rely on Forex only?

    I would suggest to explore other ways besides forex because forex doesn’t guarantee consistent profit.
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    What is a satisfactory return according to you?

    Everyone desires a satisfactory return from trading but can you please tell me how much return is satisfactory?
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    How does over-leveraging affect trading?

    High leverage is a good facility to have from a broker but will you say why should we keep away from over-leveraging?
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    What measures do you take to adapt your trading strategy to varying market conditions and economic e

    Understanding price action and some market fundamentals may help adapt a strategy to the market movement.
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    How much pips away do you set stop loss?

    It differs from trade to trade because in some trades I use 50 pips SL and this pips amount varies ranging from 10 to 50.
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    Why do traders find it difficult to make money?

    Lack of trading knowledge and experience, poor market analysis, not finding better entry and exit points are factors that keep traders away from making profit in this market.
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    Is Forex a lonely business?

    I don’t think forex is a lonely business because you will find groups of traders trading in this market.
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    scalpers

    I make profit at times but sadly to say that I am not consistent in making profit from the market.
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    Does meditation help you trade in any extent?

    Meditation may help you recover from mental phobia or frustration but it has nothing to do directly with trading.
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