Posts

Showing posts from April, 2023

9 ways to become PROFITABLE as a Forex Trader.

Like always there are various ways and means you can become proactive and successful in the financial market, below are my  unique ways to be profitable and staying Profitable 📈 : 1. Take advantage of special offers and opportunities. 2. Analyze and analyze. 3. Get clear and concise information about trends. whether technical or fundamental analysis. 4. Get feedback from fellow traders by joining communities. 5. Get involved in social media and share your insights and ideas in various forums. 6. Get involved with other traders, this helps you to become better.  7. Always get quality education on a continously level. Never stop learning or becoming Better. 8. Get involved with industry-specific programs. 9. Get involved with a large-scale Forex market.

10 things you should never do as a FOREX TRADER

During my starting point as a FOREX TRADER 7years ago, there are certain things that needed to be put into consideration. Things I wished I knew NOW!  Below are my 10 things you should never do as a FOREX TRADER:  1. Excessive risk taking 2. Not investing in the future( LONG TERM) 3. Trading without proper knowledge and understanding. 4. Not having enough experience. 5. Not enough knowledge to understand how the financial market works.  6. Having too much knowledge and not enough experience. like I said in my last video,knowledge is extremely important and we cannot over emphasise it.  7. Investing for the long term only to find that the investment is not worth the paper it was printed on. 8. Investing in stocks that are not likely to have any value in the future. 9. Investing in securities that you aren't sure of their value.  10. if you don't the proper education, you would be running around in cycles. 

10 THINGS TO DO AS AN AMATUER FOREX TRADER!'

There are so many things an amateur trader needs to know before going into the financial market as a BUSINESS! Just like every other business it needs TIME, DEDICATION & LEARNING! So many to mention, but let me just list a few:   1.  be Patient. 2. Learn about trading. 3. Invest in bonds. 4. follow the trend. 5. Trade on the phone/Tablet/laptop. 6. Learn about Forex 7. Invest in courses. 8. Learn about business 9. Invest in mentors. 10. Trade other financial instruments. These are the few out of thousands out there.!