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Foreign Exchange
Joined October 2008
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Always find yourself wondering when the forex market opens and closes? When the main trading sessions are and how it relates to your own time zone? We gotchu covered. 😎
Explore our new Forex Market Hours tool here: babypips.com/tools/forex-mar…
You might even say that you have more to learn from your weaknesses and losses than from your strengths and wins. Ultimately, overcoming your own Achilles heel is what will make you a more well-rounded trader. babypips.com/trading/forex-w…
"Trust your own decisions and sometimes be unwilling to listen to anyone else. You trade according to your own personality." -Asha Harriott #forumfind #babypips forums.babypips.com/t/featur…
How to Find Fibonacci Retracement Levels During an Uptrend / Downtrend #babypips #forexlesson babypips.com/learn/forex/fib…
Currency market behavior is constantly evolving. Trade on demo first to get a lot of the rookie mistakes out of the way before risking live capital. There are no take-backs in the real market. babypips.com/learn/forex/dem…
The number one reason new traders fail is not because they suck, but because they are undercapitalized from the start and don’t understand how leverage really works. babypips.com/learn/forex/lev…
Low leverage with proper capitalization allows you to realize losses that are very small which not only lets you sleep at night, but allows you to trade another day. babypips.com/learn/forex/mor…
Have you ever gone through a rough patch in your trading and couldn’t seem to figure out what was going wrong? babypips.com/trading/whats-t…
"The market & its participants are constantly evolving. If you can identify, accept & interact successfully with that changing environment then you stand a good chance of hanging onto your capital longer than your competitors." -Tess #forumfind #babypips forums.babypips.com/t/featur…
How to Use Fibonacci Extensions to Know When to Take Profit #fibonacci #forexlesson #babypips babypips.com/learn/forex/fib…
"A trade on my nice new fat $5k demo account went horribly wrong and almost wiped it out. That was due to not using a stop loss …which I rarely used. I didn’t place much importance on how that would affect my trading." -SweetPip forums.babypips.com/t/featur…
Trading is a Business; Don’t be Undercapitalized babypips.com/trading/trading…
"Know that getting rich in a few hours and days is a fairytale - trading is hard work! You need to enter the markets with a lot of respect. You are trading with or against professionals every second. FX is the ultimate discipline in trading!" -Dirk F. forums.babypips.com/t/featur…
#ForexLesson: The more leverage you use, the less breathing room you have for the market to move before you get a margin call. Here’s an example to illustrate. babypips.com/learn/forex/mor…
To become a successful trader, you have to stay rational and emotionally detached. Many novice traders ride an emotional rollercoaster, feeling on top of the world after a win, but down in the dumps after a loss. babypips.com/trading/be_cool
As many traders have discovered, trading comes with a lot of non-monetary benefits that are probably just as valuable, if not more so, as potential capital gains. babypips.com/trading/forex-l…
Currency symbols always have three letters, where the first two letters identify the name of the country and the third letter identifies the name of that country’s currency. Learn more here: babypips.com/learn/forex/wha…
Regret can keep us from placing a trade because we don’t want make a mistake. We want to feel good about our decisions. In our attempt to feel this way, we find it more painless to avoid making a trade all together to avoid any risk of failure. babypips.com/trading/forex-r…
"The first goal is to not blow up your account. The second goal is to trade all year long and at least break even. The third goal is to trade all year long and outperform the stock market indices average long term growth." -Krugman25 forums.babypips.com/t/want-t…