1. What Is Technical Analysis (TA)? Technical Analysis (TA) examines historical price charts and volume to identify patterns, trend directions, and precise entry/exit signals using indicators like candlesticks, RSI, MACD, Fibonacci levels, and support/resistance zones (Investopedia). Advantages of TA: Limitations:…
1. Set Position Sizing & Risk Limits Avoid risking more than 1–2% of your total capital per trade—this is a fundamental rule among prudent crypto traders.Adjust position size based on volatility (e.g., tighter stops on more volatile altcoins) and calculate…
1. Why Traders Overtrade: The Psychological Triggers Overtrading isn’t just poor strategy—it’s deeply psychological. Key emotional triggers include: 2. The Cost of Overtrading Overtrading often results in: 3. How to Avoid Overtrading Stick to a Clear Trading Plan Define strict…
1. Define Your Trading Plan & Goals A well-structured trading plan sets the foundation for consistency. It should clearly define your trading goals, preferred currency pairs, risk tolerance, and entry/exit criteria FXLimit+8Traders Union+8forexblogger.com.ng+8Reddit+2profxclub.com+2. Use SMART goals—specific, measurable, achievable, relevant, and…
1. Why Diversification Matters Diversification is a foundational risk-management strategy: by spreading investments across asset classes that exhibit low or negative correlation, you can reduce overall portfolio volatility while preserving upside potential (Gemini, Investopedia). For example, commodities such as gold…
Introduction Entering forex trading as a newcomer, I was drawn by tempting promises of instant riches. Soon, I discovered just how damaging such expectations can be—not only to my account, but to my mindset. This article explores the emotional traps…
Introduction Entering forex trading as a newcomer, I was drawn by tempting promises of instant riches. Soon, I discovered just how damaging such expectations can be—not only to my account, but to my mindset. This article explores the emotional traps…
Becoming a consistently profitable trader is one thing—staying profitable is another. I’ve been trading for several years now, passed multiple prop firm challenges, and mentored hundreds of students through FN-FOREX ACADEMY. But here’s something most people won’t tell you: Even…
I remember asking myself this exact question a few years ago:“Will I ever be profitable?”I had spent months (then years), studied countless YouTube videos, bought courses, attended mentorships, and still… no consistency. The losses were piling up. My confidence was…
There was a time when I constantly complained about everything in my trading journey.“Why am I not making money yet?”“Why is the market so unfair?”“Why does this strategy work for others and not for me?” Sound familiar? If you find…