Can you trade for a living?

Sara Waqar Forex

 lot of forex marketing claims are centred around becoming financially independent and being able to quit your day’s job. You will invariably come across get rich quick concepts such as ‘turn $500 into $30,000 in 3 months’, ‘how to earn $12000 dollars in 10 minutes’ or ‘you don’t need any experience to become a forex trader.’  These marketing claims go on to say that if …

What big winnings do to your brain.

Sara Waqar Forex

Most people enter the financial markets hoping to realize some ‘big gain’ in the process of trading. Coupled with beginner’s luck and high leverage, most novice traders actually do experience exorbitant gains. Some end up doubling or tripling their account in a few days, only to lose their profits or all their money later on. Experienced traders who remain within the …

How brokers and traders are different

Sara Waqar Forex

Most forex newbies have to deal with forex brokers rather than traders when they venture into the trading industry. Brokers mainly focus on selling forex accounts to clients and are not traders themselves. It is important  to understand the difference between brokers and traders , so that new investors can make well-informed and correct decisions when it comes to trading. Broking requires selling tradable …

Why you must not trade with signals.

Sara Waqar Forex

l services are services offered by brokers, traders or fund managers to newbie or more inexperienced traders in which a potentially profitable trading opportunity is identified as an easily executable trade call. Example: You subscribe to an automated trading service for $100 a month that generates 10 trading signals every day, 5 in the morning and 5 in the evening (much …

How important are your emotions in trading?

Sara Waqar Forex

I’m sure many of you remember the moments when you felt so ‘extremely certain’ about the direction of the market, or how accurately you predicted prices but didn’t make a penny out of it. Do you remember telling your friends, “see, I was right all along!”, but at the same time you felt so frustrated because you didn’t get rewarded …