A trader will make mistakes and that is a part of the learning process. There is a possibility of repeating the same mistakes in trading. The best way to avoid making the same mistakes again and again is to have a trading journal. A trading journal keeps a record of your daily trading activity...
First and foremost, you need to understand that there will be profits and losses in trading. However, a professional trader knows how to minimize risks and enhance profits. When you suffer from a loss, you learn something new and you can avoid repeating mistakes in the future. So yes, we can say...
It will be easier once you grasp the basics of the market and start analyzing the data. However, Forex trading is a continual learning process; I try to learn a new concept or strategy each day.
Forex trading involves buying, selling, and exchanging currencies in the decentralized foreign exchange market. One must have a comprehensive understanding of different factors and events that impact global currencies. As a beginner, you can work on the analysis of global currencies.
Canada and the U.S. may share the world’s longest border, but Canada’s economy relies more heavily on China than the U.S.
A strong Chinese economy and rising imports and exports translates into higher investment in Canada and increased demand for goods and services. This also means increased...
Thanks for the answer, Enivid. I am reading books on stocks, and they are really helping me understand various trading concepts. A friend of mine suggested I enrol in a trading course. Should I do it? Please advise.
Thank you in advance.
Hello everyone,
I've built a decent amount of savings over the years and I'm ready to start investing some of it. When it comes to personal finance and creating wealth, there is no better long-term investing strategy than the stock market. But how do I start investing? What do I need to know...
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