from significant losses. Always use stop-loss orders to limit potential losses and avoid over-leveraging your positions. 3. Keep Track of Your Trades: Maintain a trading journal to track your trades,...
support and resistance levels and wait for the price to break out of these levels. Once the breakout occurs, you can enter trades in the direction of the breakout to capitalize on the new market movem...
broker that is regulated by a recognized financial authority. This will ensure that your funds are safe and that you are trading with a reliable and trustworthy broker. Look for brokers that are regul...
bank policies to assess the value of a currency. As a Forex trader, it is crucial to stay informed about global economic and political developments that can impact currency exchange rates. Keeping ab...
Range trading involves identifying key levels of support and resistance where the price tends to oscillate within a defined range. Traders can enter buy trades at support levels and sell trades at res...
2024-08-29 07:30:47