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Apart from trading, I am learning to play guitar and cook seafood.

Equinox

It’s true that this pandemic has made people’s lives hell. We must move on to make our lives better than 2020. And that’s what Tesla is also doing.

In price action trading, traders make decisions about trades based on price movements rather than on indicators derived from technical analysis. In simpler terms, traders follow the movement of prices and trade accordingly.

The path to become a successful trader starts with learning. Learn as much as you can about the forex market. Then only you can make appropriate strategies for your trading. Also, don’t forget to go for demo trading before jumping into the real one.

After market hours, you can self analyze yourself. Go for research and analysis and make strategies on how to stay in the game. Record keeping, especially journal, is also a must because you can learn from your trading mistakes and will refrain from repeating those mistakes.

I’ll try to select a few effective indicators rather than trying to apply all of them.

“Trade what's happening, not what you think is gonna happen.” - Doug Gregory “The market is a device for transferring money from the impatient to the patient.” - Warren Buffet

The best trading strategy comes after knowledge and experience and it differs from person to person.

Demo accounts allow traders to trade without risk. It is basically for learning. Micro account is an actual trading account that allows traders to trade with 1000 units of the base currency. If you are absolutely new to trading, go for a demo account and after learning the basics, go for the...

I will start trading on a daily timeframe.

Day Trading - It is short-term trading. The position is opened or closed on the same trading day. The positions are not held overnight. Swing Trading - It is short term or mid term trading. The position is held open for a few days or weeks. Investing - Investment is for long-term, minimum for a...

For me, I trade for compounding effects.