Forex Trading Profile of derrik_56 | Myfxbook

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derrik_56 trader's profile

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Name

derrik_56

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Registered

Nov 28, 2022 at 11:10

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Systems by derrik_56

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Recent Posts

in Book to read Jan 05 at 06:08

My fellows here have recommended various books, however I would recommend that you start watching YouTube videos for a better grasp of forex.

in market power Nov 29, 2023 at 10:41

Agreed, respect the market's power—it's a big deal. Smart traders, even the experienced ones, pay attention to its signals.

in Lot Size Nov 29, 2023 at 10:38

Nice work on the 4% gain! If purchases aren't scaling, adjust position sizing settings that match your risk-to-reward range. Another reason might be marked-up spreads. You can reach out to your b...

in Stress, anxiety and motivation. Nov 29, 2023 at 10:35

I handle trading stress with deep breathing. My main motivation? I love the challenge and learning of mastering financial markets.

in Be smart and cautious Mar 03, 2023 at 06:32

Being smart and cautious while trading is key to success in the forex market. Here are some tips to help you trade wisely and safely:-Educate yourself about forex trading.-Develop a trading plan befor...

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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.