Recent content by PriceAction Ltd

As a beginner trader, many traders subscribe to trading signal services. Have you ever joined any? Why did you join them? What compelled you to join?

As a beginner trader, what problem or challenges do you usually face? And what do you think would help you do better?

Unfortunately, you can't

Yes, you can trade without leverage if you've large personal fund to invest.

You can't ignore losses in Forex trading. Before moving forward to a new trade, go through your trading journal, find out the mistake you made, change your trading plan so that you can minimize your trade losses.

If you're confident about your analysis, then you can leave your position open.

There's no connection between leverage & tight stop loss. Stop loss depends on your analysis. The more leverage you have, the more chances to bring profit/loss.

Form a bias from a bigger timeframe (D,W,4H). Look for entry from a smaller timeframe (1H,30M,15M). As a newbie, you should trade 1-3 pairs every day.

1:200/1:500/1:400 leverage will be best for a newbie to use.

Bank forex traders only make up 5% of the total number of currency traders around the world, with other retail forex speculators accounting for the remaining 95%. But even at that, these few bank traders account for 92% of all forex volumes globally.