Thread: You don't have to be right all the time

All traders have the common trading goal of earning money. But forex market is uncertain in nature. And thereby there is no strategy or method which we can claim as ideal. Sometime, even after all analyses a forex trader can even lose money due to the uncertain nature of the market. For this reason, a trader must give accentuate on developing right trading outlook to accept any prevailing situation, win or lose.

that's why the management of funds and risks that exist must indeed be able to be done well, this is needed so that traders can get better and be more maximal in generating profits that are as expected when on a real account.

Piprc you are not anti-forex but you are actually right. This situation happens from time to time on the forex market, due to sudden and unexpected news on some significant topic (i.e.Brexit, recently). This news implys market reaction and price moves chaotically, but eventually, swiftly calm down

traders also need to be able to have good knowledge about forex, this is needed so that traders can get better and be more maximal in generating profits that are in line with expectations.

Originally Posted by Jacob Grayson

A good source of basic political information on countries is the central intelligence agency of the United states. Their website has a world fact book and is a good place to start a general analysis. As a forex trader with Bprimes broker I know its importance in trading. Fundamental analysis of currency trading should include keeping close watch on changes in political stability in related regions, starting with base knowledge of regional political stability.

Not to be rude, but how long has Bprimes been in the forex market? are they regulated, if yes, who regulates them?