Recent content by currencylover

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    Best currency pair to trade during the day

    For me, USD/JPY works the best.
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    What are the personality traits you need to be a successfull trader?

    I think consistency plays a major role in becoming a successful trader.
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    Is there anything like a best trading strategy?

    I feel it’s always better to believe in the in-depth analysis made on your own. There is no use of blindly following the momentum traders.
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    The importance of the stop

    I agree with you buddy! Putting a stop depends upon one’s trading style, market volatility and trading goals.
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    Another day trader bites the dust

    Day trading involves huge risk and that’s why it's a game for risk tolerant traders only. One thing to always keep in mind is that the traders should not risk the money that they cannot afford to lose.
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    Demo account or Micro ?

    In a demo account, you not only learn to trade but also, you can test your strategies. Firstly, formulate a strategy, test it on a demo account, practice for some time and then you can switch to a micro account.
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    Would you stick to your trade even when a loss seems imminent?

    When it’s visible that a loss seems imminent, then it’s better to stop there.
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    What is trading to you?

    For me, trading is a path to financial freedom.
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    What is greater Wisdom or Wealth?

    Both are important for me.
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    Netflix suggestions

    Just finished watching Marvel’s Daredevil. A must watch series for superhero fans.
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    What is price action trading?

    Traders in price action strategy trade according to the price movements of the currencies.
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    How to become a successful trader?

    A successful trader is the one who learns from his bad trades.
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    What are actions you can take to build your trading skills while the markets are closed?

    I work on my strategies when the market is closed.
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    TRADING GOALS 2021 any goal money,understanding,expanding

    I will try not to do over-trading.
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