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RichPort trader's profile

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Sep 20 2018 at 08:29

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Recent Posts

in Reasons why you should NOT trade cryptocurrencies Oct 23 2018 at 11:06

I theory that makes sense but crypto is not a mature market. It is stull developing. It could be banned or regulated or there could be some huge theft of funds that drives away investors. These things...

in Learning and earning Oct 23 2018 at 11:05

I do a similar thing. I like to watch YouTube educational videos as a way to stop getting bored but you need discipline to not end up looking at cat videos etc.!!

in How to select the Best Currency Pair for Investment? Sep 26 2018 at 07:39

Most crypto are STRONGLY correlated meaning it doesn't matter which one you choose it will move in roughly the same way as all the others. Just open charts of bitcoin, etherium, litecoin and dash....

in Is "IT Field" Person can Learn Forex Trading Sep 26 2018 at 07:39

30 minutes every couple of day is a good start. Just keep doing that for a few weeks and you will be surprised how much you can learn. Forex is all about long term so just take it slow. No rush here

in Stop Loss Sep 26 2018 at 07:39

But what if you use a lot size of say 0.1 Lot and the stop loss is like 50 pips? Do you take that or wait for another trade? I worry about risk reward and drawdown with big stop loss

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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.