Recent content by traderjakelong

I am currently trading with fxview. Being a newbie, found commission charges to be really cost saving, just $2 for every 100k, RT and the spreads are also narrow as compared to the other brokers.

I think demand/supply and major events occurring across the strong economies of the world move the market on a daily basis.

The way you have understood poker, you’ll understand the forex market too. But don’t think of the forex market as gambling.

To overcome fear, you need to build confidence about trading. And for this, you first need to have a deep understanding of the forex market.

Two great youtubers everyone should follow. Thanks for sharing.

My favourite trading pair is EUR/USD. I feel it's always beneficial to trade in two major economies of the world.

By analyzing your trades daily and learning from them.

It’s true that trading is stressful but it’s our own responsibility to manage stress so that trades are not hindered. Start going for a morning walk daily. Fresh air helps improve blood pressure and heart rate.

To improve my trading I focus on analyzing bad trades, backtesting strategies and emotional management.

It’s great that you chose to trade on a demo account. I think 3 months are enough. You can start trading on a micro account.

Traders should backtest for at least 3-4 years to get reliable data.

Exactly. We should never compromise on mental peace.

This is quite strange and abnormal.

There are two types of people who say you can lose in forex. One, the traders who have burnt their fingers in the forex market and the second, the people whose negative emotions do not let them trade in the market.

It’s true that there are uncertainties in the forex market, but I won’t say it is a casino. Forex market, if operated with proper knowledge and strategy, then it can do wonders for you.