Recent content by gentlerich

I agree. I too am using turnkeyforex for a while and never faced any issue. Truly a reliable broker.

10. Failing to provide specific details when a story is challenged.

Requested for withdrawals last week and got on time. Their conditions are actually good.

That’s a whole lot of information. Thanks for sharing this valuable knowledge.

Opened an account with turnkey forex recently, conditions seem decent so far. Hope withdrawals will also be smooth with them.

I am curious to know about this book.

I think it is important to stay calm while trading for real.If you are having a bad run, the best thing you can do is to take a step back and let things cool down. If you force yourself to keep on trading then you can end up making wrong decisions.

Go for paper trading. You won’t lose money with wrong timing or bad decisions. Paper trading will allow you to evaluate all your mistakes in your analytical process which will give you the chance to develop the sound trading strategy.

Discipline, Patience, Mental toughness, Adaptability and Risk Management.

When one knows that he/she is capable of understanding the market and its moves and patterns then you can move ahead without any obstructions. Once you open a live account,use your strategies in the smallest volume trades available. And the important thing is to treat your demo account as it is...

The 2 percent rule is a basic principal of risk management. Even if the odds are stacked in your favor,it is not advisable to risk a large part of your capital on a single trade. How to apply 2 percent rule : Calculate 2% of your trading capital i.e. capital at risk. Deduct brokerage on buy and...

Risk Reward ratio measures how much your potential reward risk is,for every penny you risk. For example : if you are have a risk reward ratio of 1:4 then it means you are risking $1 to make $4.Risk Reward is used by the traders to manage their capital and risk of loss during the trade and it...

Many traders think that devoting hours analyzing the charts ,reading books and studying courses will improve their trading skills. Putting in hours is necessary in the beginning but it won't necessarily increase your profit potential if you keep repeating the same mistakes. To improve your...

Yes Swing Trading is a nice option. It is very technical in nature and based mainly upon looking for short term trends where stocks increase in value very fast. Its time frame allows to focus on the core market movement and identify trend momentum easily. Stop losses are typically smaller than...

Winning in trade without losing your mind is important. You can turn your failure or regret into action through Trading journal. It is an effective tool which is used to study past trades and boost present trading systems. It helps to contemplate on both winning and losing trades which gives the...