and the reasons for entering the trade. By reviewing your journal regularly, you can learn from your past mistakes and refine your trading strategies. 5. Diversify your portfolio: To reduce risk in f...
the economy and potential changes in monetary policy. Additionally, staying informed about central bank meetings and statements can help traders anticipate interest rate decisions, which can have a si...
a trade if the market moves against you, preventing further losses. It is important to set stop-loss orders at levels that are based on technical analysis and market conditions to avoid being stopped ...
analyzing market sentiment, investor behavior, and news events to gauge the overall mood of the market. By understanding whether traders are bullish or bearish on a currency, traders can adjust their ...
of success. Introduction to Forex Trading Forex trading, also known as foreign exchange trading, is the buying and selling of currencies in the global marketplace. The Forex market is the largest fin...
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