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Showing posts from May, 2023

5 Things You Never Knew About Fibonacci

Fibonacci was an Italian mathematician who introduced the Fibonacci sequence to the western world.  The sequence is a series of numbers where each number is the sum of the two preceding numbers.  The sequence has many interesting properties, including its appearance in nature. Here are 5 things You never knew:  1. Fibonacci's real name was Leonardo Pisano Bigollo. 2. Fibonacci introduced the Hindu-Arabic numeral system to Europe. 3. Fibonacci's father was a wealthy merchant and he traveled extensively with him throughout the Mediterranean. 4. Fibonacci's most famous work, Liber Abaci, is a book about arithmetic and algebra. 5. The Fibonacci sequence appears in nature in many forms, including the spiral patterns of pinecones, sunflowers, and seashells.

"5 common mistakes new forex traders make and how to avoid them"?

1. Overtrading  2. Not using stop losses  3. Ignoring technical analysis  4. Trading without a plan  5. Letting emotions control their trades Here are some tips to avoid these common mistakes: 1. Develop a trading plan and stick to it. 2. Use stop-loss orders to minimize potential losses. 3. Don't trade with money you can't afford to lose. 4. Stay up-to-date with market news and events. 5. Keep your emotions in check and avoid impulsive trading decisions.

5 THINGS A FOREX TRADER NEEDS TO ARM THEMSELVES WITH IN THIS SEASON!

  1. Define Goals and Trading Style Before you set out on any journey, it is imperative to have some idea of your destination and how you will get there. Consequently, it is imperative to have clear goals in mind, then ensure your trading method is capable of achieving these goals. Each trading style has a different  risk profile , which requires a certain attitude and approach to trade successfully. 2. The Broker and Trading Platform Choosing a reputable broker is of paramount importance, and spending time researching the differences between brokers will be very helpful. You must know each broker's policies and how they go about making a market. For example, trading in the  over-the-counter market  or spot market is different from trading the exchange-driven markets. Thats why I recommend FXTM. use the link below to sign up now: https://www.forextime.com/?partner_id=4934433 3. Determine Entry and Exit Points Many traders get confused by...

Real Life Forex Experience

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Something that has Always left me wondering and pondering is how calm and collected I stay even when the market Doesn't Seem To be going my Way??? It is the same me that Almost got into an Accident years ago When my XAUUSD trade Was Entering-$1000. hmmmm! crazy and sad times.  I have always shared this particular experience with my students/mentees when in class.  Hence When I Teach FX, I teach it from a place of knowing, as Someone who has been there and done that. ✔  Today I can comfortably stay Calm and collect Whilst trusting my analysis that the market Will come back to Me. This is what growth is Exactly 💯.  Happy New Month and I hope you learn to trade calmer and Most importantly trust your analysis.