What time frame should a new forex trader be most concerned ?…. with: 1 hour, 4 hours, 1 day, or 1 week? One of the reasons newbie forex traders don’t do as well as they should is because they’re usually trading the wrong time frame for their personality. New forex traders will want to get rich[…]
Like stocks, the end goal of forex trading is to yield a net profit by buying low and selling high. Forex traders have the advantage of choosing a handful of currencies over stock traders who must parse thousands of companies and sectors. In terms of trading volume, forex markets are the largest in the world. Due[…]
For day traders, is trading Forex really harder than trading stocks?…. Forex trading seems to rely more on technical analysis, which doesn’t appear to be that hard. I spent most of my time trading forex instead of stocks, so i definitely say stocks is harder than forex. Why Stocks is Harder Than Forex There[…]
What is the average monthly return of a forex trader in the top 10%?… and Who are they?…. I don’t think there is such stats available. If you’re talking about the average monthly return over a few years, I don’t believe it’s higher than 10%. And the more years you add, it tends to go lower. There is[…]
