The foreign exchange market (Forex/FX/Currency market) is a global decentralized market for trading currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined price. You can make money by trading any currencies all you need is a excellent trading skill and experiences. Let’s see how you can improve your trading at forex or ant any other platforms.
Read News
Current events can affect the currency
Trading strategies can fall apart in the face of political win and losses
Be Discreet & Disciplined
Don’t overthink the system
Follow the rules and reflect on the result later
Update your technology
Slow internet connection can lead to a price changing without you knowing
Invest in fast internet to stay Up-to-date
Make A Trading plan
Develop a strategy so you aren’t guessing
Review your plan after every trading session
Accept Your Losses & Move On
Remember that you’re in this for the long haul
A loss in part of learning process
Be Patient
Keep your eye on the big picture
Wining takes time
Control Your Emotions
To much anger or excitement can hurt your trades
Play it cool
Don’t Risk More Than You Can Afford To Lose
Stay defensive when trading
Keep the amount stake at less than 5%
Too bad I'm not into Forex Trading 😔