Wow, this is the worst advice ever. You are setting yourself a death trap if you don't place a Stop Loss in every trade.

Before you quit your job to trade the market full time, you need to ask yourself two important questions: 1. Have you been consistently profitable every month trading the market? 2. Are your profits enough to pay for your expenses every month?

For new traders who are just starting out, I suggest learning to trade one or more of the 7 majors i.e. EURUSD, USDJPY, GBPUSD, USDCHF, USDCAD, AUDUSD and NZDUSD, before venturing to other currency pairs. This is because the majors are the most ...

If you really want to use a Forex robot, make sure you know its limitations. Personally, I prefer not to use robots because I'm ‘fundamentally driven, technically executed’. Over the years I've learned to have an overview of fundamental events and ...

It can be overwhelming for anyone who is just starting Forex trading to ‘connect the dots’ on various news releases and form a holistic picture of the market. It'll be good if you can find some reliable source where market analysts share their ...