Recent content by Jahine

A famous analyst who correctly predicted the price of bitcoin some years ago when it was just $10 has again predicted that in 10 years time, the value of one bitcoin would swell to $100,000. Don't know how true these predictions would turn out this time.

I agree with you here. I don't think it is a wise idea to trade with a system that was "referred or recommended" for you. Before you go with a trading system in a live account, it would be better if you could backtest it or optimize it in a demo to see if it works well with you.

Every good strategy not only tells you when you should enter the forex but should equally tell you when to leave it. No matter how powerful your strategy is once it lacks risk management, you are likely to lose your money. One of those fundamental risk management techniques is to make sure that...

Although there is pretty amount of liquidity in currency pairs during day trading, one thing that is not so good is there is too much movement. You may be overtly excited and mistake all these movements for signals to enter or leave the market. But at the end most of these movements turn fakeouts.

There is no fixed profit return for the experienced trader. The major contributor to how much he makes is how well he can manipulate his experience to make the best of an open position. This involves accumulating all the lessons he has learned into one formidable trading system.

The reason for this is not far fetched. This is rather a clear pointer to the sad reality that people are so attracted by the profitability of forex that they rush into live trading without even going through a demo first to learn how currency movement works.