Pillars of Success in Forex Trading

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Creating a reliable foundation is essential to propelling traders toward the heights of financial possibilities in the inspiring and versatile world of global currencies. To achieve success, it’s important to know that Forex trading rests on four sturdy pillars:

  • solid strategy
  • well-developed risk management
  • strict trading discipline
  • and continuous learning

Trading Forex can be highly beneficial if you approach it with the proper knowledge and mindset. To achieve consistency and navigate the dynamic currency market successfully, Forex traders should focus on mastering four key pillars. This article will explore each pillar of Forex trading, providing valuable insights to help traders thrive in their Forex trading journey.

Learn to Earn to Learn

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The story of Puspa Dewita – a successful young trader and the bright economist (coming soon).

Walking home at night after another evening shift at a restaurant, exhausted and sleepy, Puspa Dewita was thinking about the exciting classes on economics that he would attend in a few hours. A 20 years old student coming from an ordinary family and living in Jakarta, he has always wanted to become an economist. His parents supported Puspa, doing their best to find some money and pay for his education.  

Your checklist for becoming a pro trader

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In the era when online trading represents a big and important part of social life, more and more people get interested in it. Now it’s not just about turning into the “wolf of Wall Street”, it’s rather about doing activities that all successful people do. Let’s face it: your colleague is probably a day trader, your neighbor’s favorite instrument is EUR/GBP, and a random guy on a street makes a good profit with the Tesla stock. We bet you want to join the crowd and try your best! This article will help you to start trading wisely. Don’t expect sugary stories and unreasonable pieces of advice. Here you will learn the essential kit on becoming a true trader.

What is the Big Mac Index?

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Even with all the junk food controversy, Big Mac is known and loved by many all around the globe. But did you know that Big Mac is also an economic indicator?

Read this article to learn about the Big Mac Index, what it means, how it was created, and how you can use it in trading.

Agile Trading for Faster and Better Trading Results

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If you’ve ever had to work in IT or any big corporation, you probably heard about Agile. Companies often use Agile to take productivity to the next level and, most importantly, make sure the product satisfies the clients’ needs because that is exactly what makes it successful.

Well, we’re here to tell you that Agile can be applied to anything you do, including trading.

Unveiling a Daily Routine of a Successful Trader

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Is there an ultimate successful day trader lifestyle that is easy and adaptable to both Forex traders, stock traders, and any other kind?

Welcome to the realm of an FBS trader, where he managed to maintain his daily trading routine. With an arsenal of a mobile device in hand, essential trading tools, and an unwavering commitment to self-discipline, he reached impressive results month after month. This November, he closed 21 orders with a net profit of almost $9000.

In this article, we will discover his steps, hints, and advice to trade in a market. Whether you’re a stock trader or a regular Forex enjoyer, his tips on day trader lifestyle will come in handy.

Risk-Free and Low-Risk Investments

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Every investor’s dream is when the investments bring great returns. However, sometimes life confronts investors with a choice: higher-risk investments with higher returns or risk-free investments with smaller returns.

The thing is, low-risk investments can be profitable well enough. Today we will explore how to make such low-risk investments and make them play in your favor.

Top 3 New Books on Trading for Professional Traders

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It is never too late to learn. This advice applies not only to beginners but also to skilled market players. However, even experienced traders might find navigating an ocean of new information difficult. Books about Forex or stocks and textbooks on different aspects and types of trading come out regularly, so it can be hard to keep track of what is actually helpful. So we picked up amazing examples for you.

Books about trading are a great way to study the market. It is also possible to find out all the secrets of successful and famous people who have already made their fortune with them. How pleasant it is to get more and more knowledge about analysis methods. Plunge into the maze of financial markets psychology. Understand what different charts conceal.

These books will help you dive even deeper into the world of trading to increase your knowledge and profits. Here we go!

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