One of the most important components of your trading strategy is your entry. There are many trading strategies out there, and for technical analysts like me, they include pin bars, inside bars, false breaks, and more. When starting out, there’s a temptation to learn and use as many signals as possible to achieve success faster.…
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Starting with a small trading account is highly recommended for beginners. In this article, I’ll share the three benefits of not increasing your trading capital right away, which will help you become a better trader faster. Benefit #1: Master Your Trading Skills When you start trading with a small account, you can focus on mastering…
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As a beginner in trading, it’s essential to practice on a demo account first when learning a new trading method or exploring a new market. In today’s article, I’ll discuss the importance of demo trading and why you should incorporate it into your trading journey. Eliminate Emotions and Focus on the Trading Process Trading on…
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Throughout my years of trading markets, I’ve learned that one of the most important elements in achieving profitability is being able to identify the long-term trend of a market and trading within the direction of that trend. In this article, I’ll share four reasons why it’s important to trade with the long-term trend. 1. Trading…
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Forex trading, one of the most liquid financial markets in the world, has a rich and fascinating history. Its origins can be traced back thousands of years to the time when salt and spices were used as a medium of exchange. Over the centuries, gold, silver, and paper currencies backed by gold have all played…
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Are you looking to make money online through forex trading? In this post, we’ll discuss four key things you need to get started with forex trading the right way, boosting your chances for future trading success. 1. Choose a Good Forex Broker The first thing you need to succeed as a forex trader is a…
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