Books, NFTs And The Subtle Art of Not Giving a F*ck | Interview w/ Mark Manson

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Fibonacci retracement is a tool to measure possible correction target of price after a market performing certain trend, that can be bullish trend or bearish trend but not sideways trend. A lot of traders in foreign exchange market implement this tool for their market analysis and trading purpose and surely they experience the benefits of using Fibonacci retracement.

Forex trading can be a fairly complicated and intimidating operation if the trader is not aware of the basics and strategies of trading. There are different categories in which you can trade, different aspects and factors to be considered and the right time to invest your money.

While playing it slow is the way to go about in currency and commodity trading, you still need a working plan to kick start your endeavor. Here is the easiest Forex strategy that anybody can try out. This is a medium term plan with a working period of a day or more and requires very low capital investment.

Global currency markets are very volatile by nature, with entities turning upside down. So, there is no guarantee of any strategy working like a charm. Nevertheless, working on certain tactics while developing an ability to adopt as well as adapt to different situations, should increase your chances of making it big in the Forex business.

Want to know why you want to choose the Forex trade? If you feel like asking this question to yourself, then you have some interest in knowing about the Forex market. What does the Forex market offer you?

#1. The object is not to make money fast but to manage your money properly. Most come into FOREX with a casino mentality. #2. Trade with the proper amount of capital according to how much your margin is.

If you want to win at Forex trading you need to avoid the mistakes the majority make and its a fact the huge number of retail Forex traders who lose money do so because they keep making the same mistakes. If you are making the mistake enclosed or you are looking to trade you need to avoid this error – let’s take a look at it in more detail.

If you want a trading strategy which makes money, you can find all the information you need free online but you also need to get the mindset of a winner. In Forex trading, it’s your state of mind which will determine if you are a winner or loser – so where do you get the best Forex advice from to get the mindset of a winner?

Markets trend, we can all see this in hindsight but how to do you decide if a trend is getting stronger and is worth trading? In this article, I will give some simple ideas on how to get in on the best trends and make big trading gains.

Most Forex traders have no idea of how or why Forex prices move and make key errors in the way the time frames they trade. In this article, we will look at three popular time frames and see which is the best time frame to trade in your trading strategy.

In this article, I am going to look at some trading set ups which are easy to spot and show you how to trade them for profit. Let’s take a look at trading price action, with some simple set ups in more detail and look at the logic of why they work.