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Beginnersforex

My Crazy Trading Story and How I Fixed ItHey everyone! I want to tell you about this one time when trading made me feel like I was on a wild rollercoaster. I made some money with a trade, and I got so excited that I thought I could do it again, but even bigger. But guess what? I lost a lot of that money back because I was too greedy. I know you guys have felt this too: - Fear: When your trade starts going down, and you get scared, selling it too early. Then, you see it going up the next day, and you're like, "Oh no, why did I do
NASDAQ:PLTREducation
by Mindbloome-Trading
Trading in My PJs: How Comfort Turned My Trading AroundI used to think you had to look the part to be a serious trader - suit up, stare at screens in some office-like setting, and wear that intense Wall Street frown. But one chilly morning, I decided to ditch the suit for my pajamas, and guess what? It was one of the best moves for my trading career. The Day Comfort Clicked Waking up to the cold, I chose to trade from my cozy bed, PJ's on, with a warm cup of tea instead of my usual coffee. Something amazing happened right then. I felt so relaxed,
TVC:GOLDEducation
by Mindbloome-Trading
Risk Management Guide for Beginner TradersHello traders. In this video, I delve into the fundamental principles of risk management tailored specifically for beginner traders entering the world of financial markets. I start by emphasizing the importance of understanding risk and its implications on trading outcomes. By setting clear goals and objectives, traders can align their risk management strategies with their investment aspirations. We explore practical risk management tools such as stop loss orders, which act as a safety net to
Education
by Pips4Breakfastx
Deciding Lot Sizes (My Method)A crucial decsion traders must make on each and every trade they take is lot sizes. What's the ideal lot size to take? What's the metric in which a trader uses to solve this ordeal? Here's my method: 1.) Start off with a high lot size. Say....7 normal lots. 2.) At this point, when imagining trading with this lot size you should feel a sense of anxiety, nervousness or even excitement. 3.) Bring down the lot size by 1. 4.) At 6 lots ask yourself, "Do I still feel any sense of anxiety, n
Education
by TradingForexPriceAction
3
Simple Technical Analysis for BeginnersIdentifying the Support (lowest price), Resistance (highest price), and Key Levels (areas price gravitates to between Support and Resistance) one two or more timeframes. Today, I have them marked on the 4H and 1H Timeframes. Identifying Support Support is the lowest level a price will go before reversing. A support is created in two ways. The first way is when Sellers in the market close their existing positions and take their profit. The second way is when new Buyers enter the market by open
Education
by elleferrero
Understanding ForexForex – also known as FX – is short for “Foreign Exchange”. It represents a market where one can exchange and trade different currencies across the globe. To understand how forex works, let’s use the example of overseas travel. If you’re from the United States and are travelling to Japan, chances are you would head to a local currency dealer before your trip to change some US dollars for the equivalent in Japanese yen. Let’s say the rate you exchanged was 1 USD ( US Dollar ) to 108 JPY (Japanes
Education
by CeoCodes
17