by Ntombi Malatsi | Aug 16, 2020 | FOREX TRAINING
What Exactly Is Money Management In Forex ? Money management refers to the set of rules that we (traders) set for our trading accounts. These rules involve things such as when to exit a loosing trade or cut our losses. So basically it is about how much we are willing...
by Ntombi Malatsi | Jul 17, 2020 | FOREX FOR BEGINNERS, FOREX TRAINING
What Is Forex Trading Psychology? Forex trading psychology refers to a trader’s emotions and their mental state. It is one of the most important deciding factors of whether a trader will make it or not . It is also about a trader’s character which plays...
by Ntombi Malatsi | Jun 30, 2020 | FOREX TRAINING
What Is Margin Call? Margin call: When your trading account does not have enough funds to sustain open losing trades. The broker will then close all your positions automatically one by one until the account shuts down completely. You could have an account with a $5...
by Ntombi Malatsi | Jun 12, 2020 | FOREX TRAINING
Mind your personality I believe as people we are different, we have different ways of doing things. Our personalities play a big role in the type of businesses or careers that we end up choosing . I am fully aware that as traders, we are all different in our...
by Ntombi Malatsi | Jun 7, 2020 | FOREX TRAINING
There’s a thin line between trading and just gambling The statement above can be very true for many people. It was also very true for me too for so many years. It is very easy to adopt a gambler’s mentality when trading the financial markets, especially if...
by Ntombi Malatsi | May 29, 2020 | FOREX TRAINING
Draw-down: A decline in an investment or fund. Let’s assume you start your account with $1000 and you lose about $100, that is a 10% draw-down (which is acceptable in my books, because you can recover it back). Being disciplined is one of the major challenges...
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