Tag Archives: trading psychology

One of the biggest mistakes new forex traders make is not knowing where or when to exit a trade. Entering a trade is only half the battle—knowing when to get out, whether you’re right or wrong, is what separates profitable traders from the rest. In this blog post, we’ll break …

One of the most attractive—and dangerous—features of forex trading is leverage. It allows you to control a large trade position with a relatively small amount of capital. But with great power comes great responsibility. If used recklessly, leverage can drain your account fast. Used wisely, however, it can magnify your …