2 Further Elements to Trading Success
2 Further Elements to Trading Success
If you are a part time forex trader, and in particular are new to the world of forex, it pays to make sure that you keep up to date with any news announcements that could have a major impact on the currency pair you are working.
I would not say don’t trade during these periods, as not all news data will have much of an impact, but an awareness that they could have an effect is essential, and care needs to taken when trading at these times.
I have been in trades when news …
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If you talk to any experienced trader or investor about their first month or two of trading, they’ll probably launch into a sordid tale about how uninformed they were, and how they wish they could go back in time and tell their former selves to stay away from those first few stock picks. Although the stock market is one of those places where you simply have to learn by doing, it’s important to find a few stock market tips that can keep you from repeating the same initial mistakes that all early investors are prone to.
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