Due to the imbalance in Forex industry, some say you need capital to be profitable while some say you need skill, I will be funding my account with $50 to see what we can take the account to👍
#challenge#forex#franklinnnoke#nefextrade
Many Forex Traders hit SL for many various reason aside lack of directional bias being the most common one…
Poor entry time is another reason, many traders enter too early before the market confirms the move… continue thread
Many traders enter too early before the market confirms the move.
For instance
- Price is still pulling back
• You enter too soon
- Market continues the pullback and hits your SL, then goes your direction afterward. Continue thread…
@Mr1CT It all depends on what market is presenting but 1:3 is very profitable although I use 1:4… know when to go in and when to go out if not your 1:1 might still fail