Diptote

Joined Feb 18, 2022

Posts: 15

Connections: 0

Experience: No Experience

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Recent Posts

Have a plan and stick to it

Well, that’s a necessity. You might think that you will move as per the market. But it won’t be that easy when there are so many things going on in the market. It’s best to analyse the market properly and build a plan that you want to follow.

6459

Mar 15, 2022 at 06:50

There is a proverb that practice

That’s very much true in any part of life. Without getting out of your comfort zone, you will not get anything in life. Thus, traders should develop a practice of learning from their trades. To achieve that, backtesting is the best solution. So follow a simple pattern—backtest your trades regula...

5591

Mar 14, 2022 at 08:02

importance of skills

Forex is a speculative market, but it doesn’t mean you will win purely on guesswork. The chances of you winning a trade increase when your analysis is strong, which only comes from regular practice. So you should develop a habit of learning and studying the market regularly.

5927

Mar 14, 2022 at 07:58

What is Pip ?

In order to make profitable trades, traders have to catch pips. They are referred to as the minimal changes in the price of a currency pair. For instance, Say EUR/USD was quoted at 1.7581 when you bought this pair. After a while, due to market’s volatility, its value changed to 1.782. So if you l...

3649

Mar 14, 2022 at 07:53

Greed is poison

Traders become greedy by looking at forex because of endless earning opportunities. Also, at the same time, they underestimate the risk and potential losses that trading recklessly could lead to. To avoid the latter, they need to act rationally and get the right education before taking any steps.

6899

Mar 11, 2022 at 07:38

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.15825	GBPUSD	1.3534
USDJPY	160.062	USDCAD	1.38845