trading forex sucks

are geared towards beginner traders, not to mention how heavily day- trading. General spirit of this rule: If you're really only posting here to bring attention to yourself or your site, regardless of the context or how "free" the content is, you shouldn't post it here. The more day-trades you enter the greater risk you run of getting stop-hunted by the big boys. Trades that dont break in the desired entry direction of the trade to confirm the Price Action signal. We should just watch them go by without entering as their location on the chart is not at a place where the Trader has a clearly defined edge. 6: Crypto, there are a plethora of subs devoted to the various crypto topics. If you want more training and instruction on how to trade smarter on the higher time frames, checkout my Forex trading course and members community for more info. Noticed how it formed without a pullback and not at a swing point? These high-frequency traders have what is essentially an unfair edge because they see the data that we see but a lot sooner. In 2016, Nial won the Million Dollar Trader Competition. A Forex broker is in a position of authority to the unsuspecting newbie retail trader who assumes the broker well always do whats in the best interest of their client.

trading forex sucks

Its very simple, more trades equals more money from spreads or commissions and that equals more money for the broker. Price Action Signals That Are Hard to Spot. Indeed, it seems more prestigious for us to tell our friends and acquaintances that we are day-traders during a lunch or dinner conversationbecause when you tell someone youre a day-trader they immediately get a certain image in their head. Price did go higher once the high was taken out, however bitcoin fifo you will notice price quickly terminated and went lower once the resistance area was encountered. He has a monthly readership of 250,000 traders and has taught 20,000 students since 2008. 2: No links to your personal or corporate blog, your channel, trade signal services, brokerage services, anything related to binary options, or the like. Good trading, Nial Fuller I would love TO hear your thoughts, please leavomment below Any questions or feedback?