Obviously when an order triggers the stop loss we feel bad, but I think it is better to place stop loss than facing margin call or stop loss for not placing stop loss. You are right "profit is the ultimate goal" . This sentence is true for every business including forex but to accept the loss is...
I am a day trader. I use H1 timeframe and also use H4 and D1 timeframe for more confirmation. I think when we combine different timeframe it can give us better result in making technical analysis.
I think demo contest is a good idea to gather experience of forex trading. To trade in demo we feel lack of emotion but when we will trade with a competitive mind to win prize than it can be very helpful for our future trading career.
I participated different trading demo contests of...
Forex is not easy for beginners.I faced much struggle when I was beginner. I have faced margin call more than 5 times and every month. But with passing time in forex and with experience we can reduce our loss and also can make consistent profit. To gather free experience of trading the...
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