What kind of knowledge do you think that I need to know when to buy and when to sell with my foreign currency? I have been observing trading of forex and also of stocks but until now I still cannot find a way on how to predict the trend. My wife's stocks is just playing up and down.
The knowledge about the company and its history if you are trading stocks of any companies , some companies follow a regular trend of ups and downs. Actually my friend is doing stocks from 5 years and is earning good from it now. I will look forward soon to invest in stocks especially.
Same here as well. I am into forex trading, but i have never really gone into crypto trading. Maybe later on i might give it a try. I have also gone into various HYIP sites majority of them usually crash after some time, but i have been able earn something from most of them.
What helps me the most is the ability to plan before investing or embarking on any business venture with this and have full assurance that I am going to excel.
Though i am not into forex fulltime,i am more conversant with the cryptocurency trading than with forex.But a friend of mine is into forex,and from the little he told me,he said one should always set a target for himself daily,and once that target is reached,you can stop.Because greed always make some persons to still continue even after reaching their target for the day.
One thing that really help me in starting up a business was when I actually dropped out my plan before going into the business that was a guide part assist me carrying out my vision in business.
One thing that helped me the most is planning I will always plan in terms of making money in any investment. One business that would love to invest in is cryptocurrency or real estate
What tell me the most in my business is planning I always have good plan and good structure in my mind. What you have in mind that is what you bring her out into creativity as an individual.
I have no experience in forex trading yet. I only do cryptocurrency trading. I use the binance trading platform.
one thing about forex trading is that you can never learn all the strategy at once.You need to define what your target is,get some basic knowledge you can use signals to enter the market,you can use volatility strategy,the candle stick approach,anny one that suits you,but aviod greed.
Analysis is very important when it comes to trading, where did you learn it from if I might ask? Did you get a mentor or you got the knowledge through various materials?
