ForexTips

I am a professional Forex trader. My goal is to help people also become professional, or to help you invest if you maybe doing it as a hobby.

[ForexTips @ForexTips4]

Your Coffee Is Getting More Expensive. Here’s Why | WSJ https://t.co/H8Ok9bkp7P via @YouTube

[ForexTips @ForexTips4]

USD/CAD going up to 1.2345 today.
#forex #USDCAD #money

[ForexTips @ForexTips4]

The second major issues that traders face is greed. Examples of greed is when the trader tries to 10x their account in the space of 1-2 months. Do you know what a % per month does a professional trader make?
#forex #money #currency #learn #pips #RiskManagement

[ForexTips @ForexTips4]

Another example of fear taking over a trader is when the trade has been cut short. This is when the trader is closing the position prematurely. This is a major problem, as the trader needs to work on his/her discipline.
#forextrading #learnforextrading #fear #psychology #money

[ForexTips @ForexTips4]

1) Fear in forex trading comes in many different forms. Fear of missing out, known as FOMO. Most new traders suffer from that, as they enter trades prematurely, fearing they will miss the opportunity and that the trade will go without them. #forex #forextrading #forexsignals

[ForexTips @ForexTips4]

There are four main emotional drivers that need to be understood, in order to be a successful when if comes to being a successful Forex trader. They are:

- Fear
- Greed
- Revenge
- Euphoria.

#forex #forextrading #psychology #trading

[ForexTips @ForexTips4]

Why 80% technical analysis? For me technical analysis, is a very useful tool in predicting the future direction of price, as it is based on patterns. Those patters though represent human psychology, and human psychology rarely changes.
#forex #forextrading #forexlifestyle

[ForexTips @ForexTips4]

How to trade Forex (according to the books)

- Technical analysis
- Fundamental analysis
- Sentiment analysis

I personally trade 80% technical, 20% fundamental and 0% sentiment. Why? ... next tweet to follow.

#forex #forextrading

[ForexTips @ForexTips4]

What is Forex?

Forex is a marketplace where a staggering $5 trillion are traded on a day. That is why it is the most actively traded market in the world.

What is best about it is that there is not barrier of entry!
Everyone can participate in it!