How to Stick to Your Trading Plan?
Many traders know it is important to have a trading plan. Even if they do have a plan, they are still losing money. They can’t stick to their own rules. How can you change it and be more disciplined?7 Useful Tips To Learn Forex Trading In Just a Day!
1. Research The Currency Pairs- To learn FOREX trading it is important to understand that pairs of currencies are traded on the Forex market, not single currencies. These pairs can be different for each trade, and the fluctuation of the currencies is almost constant. This type of trading is different from the stock market and other investment types. It is important to understand how the currency pairs and market work before jumping in.Trade Your Equity Curve and Reduce the Emotional Stress of Trading
Traders intellectually know these profit periods and draw down periods occur, but in practice their emotions get in the way of seeing these reoccurring cycles for what they are. Trading Your Equity Curve is a practical method to lower draw downs.
If you are tired of trading plain stocks, then think about getting into binary option trading. Here, the potential risks are big however the rewards are just as big. It’ll all be determined by how good you play the game.Making My First $1000 With Digital Options
This is how I made my first $1000 with trading digital options using online binary options trading platform. The basic idea behind digital options is extremely simple – you have to predict if an asset’s price will rise or fall below the strike price when it expires.