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YellowWitty trader's profile

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Name	YellowWitty

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Registered

Oct 04, 2022 at 08:06

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Recent Posts

in Time Management Nov 01, 2022 at 10:11

When trading, you have to keep track of time and make decisions at the right time. For instance, as a scalper, you need to have a good exit strategy. If you fail at this, you are losing a trade. So, n...

in Luck is important Oct 31, 2022 at 11:19

I don’t think so because even luck runs out after 2-3 times. It’s your knowledge that decides the trajectory of your trading journey and success

in Best currency pair for trading Oct 28, 2022 at 05:06

A good currency pair should have medium volatile, low spreads, and high liquidity. I trade with major pairs, such as EUR/USD, USD/JPY, or GBP/USD, as they meet this criteria.

in When a trader is a newbie Oct 28, 2022 at 05:05

As a newbie, I focused only on learning. The end goal is to make money, but it is not possible unless you are familiar with how the market functions. So, devote time to understanding the market and d...

in Does forex strategies usually work> Oct 27, 2022 at 12:16

Yes. They do, if your trading strategy is good and has an edge. Always test your trading strategies on a demo account before you trade live.

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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.