Recent content by Waylen

  1. W

    Is stock trading and forex trading different?

    Yes, stock trading and forex trading are different. Stock trading involves buying and selling shares of companies, focusing on corporate performance and market trends. Forex trading, on the other hand, involves exchanging currencies and is influenced by global economic factors, interest rates...
  2. W

    Copytrading: What are your thoughts?

    Copy trading can be a valuable option for beginners, allowing them to learn from experienced traders while minimizing risks. It provides insights into market strategies and decisions. However, it's crucial to research and choose reliable traders to copy, as past performance doesn’t guarantee...
  3. W

    Best strategy for a new person.

    For a new trader, consider a swing trading style. It involves holding positions for several days or weeks, capitalizing on price swings. Focus on technical analysis, set clear entry and exit points, and manage risk with stop-loss orders. Start small to build confidence and experience.
  4. W

    What do you do when you grow frustrated?

    Taking a break and going on a tour are helpful and I find it frustration-relieving for me.
  5. W

    Why do traders find it difficult to make money?

    I think lack of trading knowledge and poor trade management make a trader fail to earn profit in the market.
  6. W

    What do you guys think about Nick Shawn and his little hedging strategy.

    It’s difficult to determine someone is best without applying his uttered strategies or ways of trading to the market and reap better gain.
  7. W

    Why do traders find it difficult to make money?

    Nice explanation bro! Well-researched.
  8. W

    Any suggestion please?

    Can you suggest me at least two books for price action trading development?
  9. W

    How much pips away do you set stop loss?

    Stop loss plays a vital role for saving a trade. How much pips away do you set stop loss?
  10. W

    Why do traders find it difficult to make money?

    Is making money in forex like getting into the moon? I saw many traders are not well satisfied with their trading result even after better market analysis. How do you think it?
  11. W

    Is Forex a lonely business?

    People always want to keep their mouths shut when it comes to the relevance of Forex. Why do they do so?
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