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- kt-fx replied May 1, 2023
The right question to ask yourself is “What is enough?” and “Why do you want to trade?”. For me, trading is a way to supplement my main source of income and for me to have the choice of whether to work a 9-5. So even without a 9-5, I’m able to ...
- kt-fx replied May 1, 2023
I suggest you have a solid trade record of minimally a year or 2 before deciding to be a full time forex trader. This is to ensure that your strategy is able to work over a long period of time. This is also to ensure that you will face at least a ...
- kt-fx replied May 1, 2023
You can start with ATR, then slowly work your way around each pair. Each pair behaves differently at different time of the day. Also remember to include spread as they will widen at different time of the day too!
- kt-fx replied Apr 28, 2023
Backtesting is the backbone of any successful trading career. As a trader, you will spend most of your time backtesting your strategy and making refinements to it. To be confident in the live market, you need to collect as much data as possible from ...
- kt-fx replied Apr 28, 2023
1. Yes I do trade with stop loss. ALWAYS! 2. Famous last words: ”I’ll close when it comes back to my entry” Stop loss is your safety net. Sometimes, prices can go past a certain level very quickly and this move can be very huge - especially during ...
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