How to Find a Real Forex Trading Mentor?

by: Mohammad Hafiz September 14th, 2017

Nearly every day, I see the information about Forex trading mentors throughout the web. People are interested in their services because they think that mentors are more professional and experienced. But it’s not always true. The market is full of sort of Forex trading mentors who offer magical trading strategies, expert advisors, and books on the subject of rather poor quality. It seems to me that there are not so many of real mentors who can share their own experience with newbies, but there are always people who want to make money on the newbies’ ignorance.

Do You Need to Stop When You Are Losing Money?

by: Mohammad Hafiz September 13th, 2017

The Forex market is constantly waving. It has periods of the uprising, moving down, and consolidations. Most of the traders use systems that perform better on the rising or falling market, but there are strategies that work perfectly on consolidating one. So, it’s like… The equity curve just follows the waves of the market. It means that you shouldn’t always stop trading when the price goes wrong.

Three Tactics for Trading Forex Around a Busy Schedule

by: Mohammad Hafiz September 6th, 2017

Not every trader can dedicate all his time to Forex. Even if he does, he has to plan the trading day. If a trader dedicates Forex a few hours in a week, he should do it. I can say from my own practice, that trading on Forex needs a trading schedule. The market moves chaotically, and I’d be lost in it without an order.

The Most Traded Currencies

by: Mohammad Hafiz September 1st, 2017
most traded currencies

There is a variety of currencies on Forex, but only a few are the most traded ones. Keep reading and you’ll find out which currencies receive the maximum trading volume.

Risk Management Tips For Novice Traders

by: Mohammad Hafiz August 30th, 2017
risk management

As we already know, proper money management and risk management can be your secrets of success. After you have defined your goals and selected a strategy that suits your psychology, create risk management rules to see how much funds will be at risk and how much money will you be able to earn with the deals.

#1 Profit Killer In Your Trading

by: Mohammad Hafiz August 29th, 2017
profit killer

We have already talked about the most common mistakes of traders. But today I want to draw your attention to the leader of all those mistakes, to the #1 profit killer in your trading. It’s lack of money management. Sounds easy, right? But if we look deeper, it becomes a serious problem that doesn’t let […]