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leeson12 trader's profile

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leeson12

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Feb 23, 2021 at 08:33

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Recent Posts

in Does forex strategies usually work> Feb 13, 2023 at 08:01

It always work, but the thing is the market changes constantly, so you have to update the strategies frequently, that's why it is a good idea to backtest them before doing an actual trade.

in Psychology of trading Feb 13, 2023 at 08:00

Agreed! For that to happen, you need to develop a proper trading plans before trading so that your emotions are kept in held.

in What's your recommendations on brokers for scalping? Based on experience Feb 13, 2023 at 07:59

For scalping, best to pick broker with tight spreads and quick order execution...Fxview and IC Markets are few of my choice when it comes to scalping.

in What are the best practices when trading? Feb 13, 2023 at 07:53

Great pointers, plus practice patiently... don't try to get rich quick. Good trades often take time to develop, so be patient and let your trading play out.

in Forex News Feb 13, 2023 at 07:50

Usually I check from the broker that I am trading with (they have news section) and I sometimes check out investing, forexfactory, and even here in myfxbook

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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.