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  1. #1
    Specialist Member protrader's Avatar

    10 Interesting facts about FX Trading !!!

    1. All Brokers Are Not Equal
    Oh yea, you will find a lot of dishonest brokers.

    2. The Best Strategies Are Simple Strategies
    In my case it is true, I've tried a lot of sophisitcated things, but strategy that works is simple and was developed by myself.

    3. Overtrading Is a Recipe for Failure
    Of course, overtrading is when you don't have a trading strategy, otherwise you would have wated for the next opportunity.

    4. 95% Of Forex Traders Lose Their Investments In The First 6 Months
    Probably even more than that

    5. Successful Traders Compound Small Gains
    It seems better to fix your profits as fast as possible rather than wait for a huge move that might never occur.

    6. Banks Control the Foreign Exchange Market
    Yep these guys control it and manipulate it as well

    7. The Highest Profits Are not in the Majors
    Although everyone trade major pairs, the highest profits might be in crosses or minor pairs.... thats works for me

    8. Half of the Global Forex Market is traded in two countries
    Guess what countries

    9. Discipline Is a Trader’s Most Important Attribute
    Complete truth!!!

    10. Forex Is the Biggest Market
    Cryptocurrency Telegram Channel Hidden Content

  2. #2
    Legendry Member willyw's Avatar
    These are the basic knowledge that a forex trader should know.

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