teadragon1

Joined Jun 17, 2021

Connections: 0

Experience: No Experience

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Systems by teadragon1

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Recent Posts

a good trading strategy

A good strategy is one that works LONG TERM. Any strategy will work in a trending market but only the best strategy will work in all market conditions

5585

Jul 27, 2021 at 11:17

Overconfident

One needs a trading plan to stop over confidence. Reading that and sticking to it will stop over trading

3298

Jul 27, 2021 at 11:16

Why are forex traders interest rates so important?

it is important to remember that it is the PREDICTION of interest rate changes that drives FX price changes. This is why all the other economic data moves the markets - it provides an early indication of how interest rates may change. So when rates actually change there may be only be a small change...

1767

Jul 27, 2021 at 11:15

You don't need to be

RR is no everything but it is important. But be careful not to go too extreme. An RR of 1:10 may sound great but will the price ever reach such a large target

1405

Jul 12, 2021 at 12:23

Famous Traders and Investors, what to think of them

I am more impressed with the self taught home trader making a steady income than the rich kid who works at a bank and then makes a name for himself through a few lucky trades

2321

Jul 12, 2021 at 12:22

teadragon1's Reviews

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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	1.17409	GBPUSD	1.34783	AUDUSD	0.65945
USDJPY	147.437	USDCAD	1.39438	USDCHF	0.7952