Search results

Sometimes we are not perfect.

Exactly. Everyone can make money but not everyone knows how to stay or survive in these markets for long and that only comes with consistency.

Totally! For scalping, I use Turnkey forex. I find them suitable for me since the spreads they offer are pretty narrow and even order execution speed is good which makes scalping pretty much interesting.

Varies with the broker though. I remember opening an account with Turnkey forex was pretty swift and effortless. However it might be possible that due to Covid-19 it may take more than usual time with some other brokers.

Thanks mate.

As per the requirements you have stated, Turnkey forex might be a good option since the spreads they offer are pretty narrow,quite suitable for a scalper.Commission is also low i.e $2 per 100k, round trip.

Exactly. Its always a good and safe idea. Spreads your risks.

Take a break definitely and then come back stronger with the mindset that everything will be alright, trust yourself.

Absolutely.Knowledge is of utmost importance,without it your trading will just be all over the places.

Yeah.. great post.

I think it depends on your experience too. If you are good with forex, stick to it, if you are good at understanding stocks, than that would sound good to you.

The most important thing is to determine the risk to reward ratio for me.

Also better to look for a broker that lets you demo trade for a long time and doesn't restrict it for a month or so.

Well said. Reviewing is the best way to handles losses. that helps you learn from mistakes and avoid them too.

ETH is next best after bitcoin.

As such both are important for me. However, losing out is actually bigger. What if we lose more than we have for trading. We might not be able to regain the confidence to trade again. So that's worse than missing out an opportunity surely.

Good effort bro! All the best for your channel.

True. Failures are a part of trading. Honestly, one only learns when he falls. So we have to take these failures positively.

Exactly. If you can’t manage risk, you will be wiped out with a blink of an eye. Risk management is that important. So determine risk tolerance levels for each trade for a better game.

Not me!