Fri 28 July 2017
Can you hold yourself accountable? Ask yourself the question, after or before work each day, do you have the discipline to do the research and keep yourself organised when it comes to your currency trading? It's easy to get off track and let the important trading principals you've learnt during your training fall by the wayside. Getting into good habits early on is paramount to your currency trading success.
DailyFX forums : This portal, which is owned by FXCM, is rich in resources and in features. In my review of DailyFX , I mentioned that the forums are strictly separated from the main site. This is not to my liking, yet the forums are quite active and are well designed. For example, there's a forum for each of the major currency pairs. The forum is moderated, but this moderation is sometimes slow - spam messages can get too much exposure in comparison to other forums.
Set some limits: One way in which you can limit the damage caused is to set a stop-loss order through which you exit a position when a specific price has been hit. Keep guessing and predicting the movement of currencies in order to make a right decision.
Free Forex signals by FX Market Leaders is an advanced app which brings you the best buy/sell Forex & Binary signals from the market, available to traders for free. It includes buy/sell signals, forex live rates and real time market updates, all in one interface which can be used for trading Forex and binary options. The new version also includes a free premium service with real time push notifications each time a forex signal is opened or closed.