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Jan 27, 21 •
2303 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Don’t be a Jack of all trades, be a master of one
There is a phrase in the English language that could be used in forex trading, “Jack of all trades master of none.” It refers to someone who has abilities spread across a broad range of trades and skills but isn’t an expert at one type of work. Although...
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Jan 25, 21 •
1822 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Hope is never a forex trading strategy
Us FX traders are naturally impatient individuals. We want to engage with the forex market, execute our market orders and hopefully bank profit as soon as possible. This enthusiasm must be controlled and channelled constructively. We must develop the patience...
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Jan 24, 21 •
1766 Views •
Forex Trading Articles •
saed shalabi
Comments Off on The 2-2-2 forex trading plan
As human beings, we crave order and need routines; we want to conform to norms and work in structured environments. Discipline and success are inextricably linked, and FX trading illustrates these requirements more than many other ventures. Whether in work,...
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Jan 21, 21 •
2092 Views •
Forex Trading Articles •
saed shalabi
Comments Off on So, your successful FX trading strategy stops working, let’s not panic, let’s look for ways to fix things
You might recognise this scenario. Suddenly, your previously profitable forex trading strategy and method stop working; it’s no longer the great combination you discovered. You did the right things. You tested your theories and ideas out in demo trading,...
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Jan 19, 21 •
2187 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Why an ECN forex broker is the right choice for retail traders
Judge your forex broker using specific criteria before opening a live trading account with them. Brokers you consider trading with should uphold exacting standards. They must be non-dealing desk (NDD), they must route your orders to market without...
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Jan 19, 21 •
1933 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Are you thinking of becoming self-employed? Then FX trading might be for you
When we consider opening an FX trading account with European forex brokers, we see prominent banners on their websites revealing the current loss rate of traders who buy and sell CFDs (contracts for difference). These are financial health-warnings similar to...
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Jan 17, 21 •
2701 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Going straight to a straight-through processing FX broker is the right process
There are three absolute musts for choosing which FX broker to trade with online. The broker must be NDD (no dealing desk). They must place your trades into an ECN (electronic communication network). They must provide STP (straight-through processing). These...
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Jan 12, 21 •
1978 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Letting your profits run might be a flawed forex trading strategy
Forex trading can feel haphazard and chaotic at times. You can quickly eliminate these potential negative influences by exercising both self-control and trading control wherever and whenever you can. You can achieve this objective by applying a basic system...
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Jan 7, 21 •
1825 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Consider using Heikin-Ashi bars if you’re struggling with standard candlesticks
When you initially discover forex trading charts, you’ll see candlesticks as the default setting on various timeframes. Candlesticks are classed as the gold standard of price display when you trade markets. When you trade FX, you need a method to illustrate...
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Jan 6, 21 •
1595 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Matching personality types to FX trading styles is a bad idea that needs debunking
There are four primary trading styles for trading forex markets as a retail trader: scalping, day trading, swing trading and position trading. Over recent years a movement has developed on FX trading forums to identify which trading style matches your...