That really depends to be honest! On your trading strategy. I mean some trading strategies require you to have a custom made indicator. So, there is no best indicator.
Yeah its hard to set take profit and stop loss isn't it? With leverages, its way way more difficult to have a proper R ratio! one mistake will be your last mistake
Look there are a lot of things to be considered for risk management. So, I'd suggest creating rules for yourself and trading based on those rules. You should never ever under any circumstances break your own rules! You can start with simple rules like not trading over an hour a day. Never use...
The fact is maintaining a journal for your value-investing journey will undoubtedly serve as a valuable resource for self-reflection, learning, and tracking your progress.
I think if a trader has sufficient knowledge and experience, it can be a good and advisable, but we should diversify our investments and proceed cautiously.
it's not easy to find these sweet deals, and there's a bigger risk of losing money, so I think it is needed to be careful, especially if balancing trading with a full-time job.
Yes PPP is a fundamental concept in economics, and it suggests that exchange rates should adjust in the long run to reflect differences in price levels between countries.
As a trader, I'm looking to guess where prices will go so I can make money when they move. I want to be smart about the risks I take and make the most of the market's ups and downs.