Recent content by smoothie

Funny thread! Made my day.

New traders should generally avoid exotic currency pairs because they tend to be more volatile and less liquid than major pairs. This means that they can be more difficult to trade and may involve larger spreads, which can eat into profits.

To prevent trading from becoming an addiction, it is important to set clear trading goals, establish a well-defined trading plan, and stick to a disciplined approach to risk management. It may also be helpful to take breaks from trading and engage in other activities to maintain a healthy balance.