General Forex in UAE

Are your trading expectations unrealistic while trading Forex?As a trader, do you trade with a small account? Do you experience any issues because you try to make a reasonable sum? In this article, we will check this common issue and find ways to resolve it too! Let’s take a look at a $5000 trading account. If you risk 2%, which is $100, what returns you can get? You can expect $100 on every winning trade with a 1:1 Risk to Reward ratio. For example, the average monthly income is about $4000...

Do you repeat these common mistakes and lose money in Forex trading?Common forex trading mistakes - Avoid these mistakes to increase your chances of success in the Fx market. Four mistakes traders must avoid when placing a Stop-loss. Have you ever tried placing a trade with a stop-loss? Or watch the market taking you out and continue right in your desired direction? This scenario is usually common among traders in the market. In this article, we will tackle some common mistakes, and also,...

How to reduce the factor of luck in trading? Is Forex trading purely luck? How to reduce the factor of luck while trading Forex? These are the most common questions asked by most traders. In the financial markets, there is a certain degree of randomness. It is because retail traders are usually the last ones who get vital information. In this article, you will learn how to deal with randomness and luck in trading.Here are some aspects you can learn to reduce luck in your trading: Proper risk...

Why trading journal is essential while trading Forex? Is Forex Trading Journal A Must? Trading is the same as any other business. You need to invest some money to make more money. Usually, trading is done from home, so you have to keep records of your trading activities. In this article, you will learn the importance of a trading journal. And how you can track your trading records for free with Free Trading Journal. Why you should keep a Trading Journal?  Journaling may not be a fun activity...