Risk/Reward is the rubbish retail traders are taught when they are being programmed to be day traders😌
Something i was taught by my mentor: "Never take an entry when you're not certain of the trend"
You do everything that's necessary to take speculations out of your entries, The Stop Loss is there just in case a massive unforseen spike happens for whatever reason. This is how i was trained
This Is Educational Purpose Only.
Present Results Do Not Equal Future Results.
Demo and Live Account Results
WHAT IS FOREX?
Forex is the market where all all of the world's currencies trade. The forex market is the biggest, most liquid market in the world with an average daily trading volume exceeding over $5.2 trillion. There is no central exchange as it trades over the counter. Forex trading allows you to buy and sell currencies, similar to stock trading except you can do it 24 hours a day, five days a week, you have instant access to margin trading, and you have exposure to international markets.
YOU CAN DO FREE DEMO
You can open a free Forex Demo Account to start practicing forex trading today.
HOW TO TRADE FOREX?
Similar like stocks, you can trade currency based on what you think its value is (or where it's headed). But the big difference with forex is that you can trade up or down just as easily. If you think a currency will increase in value, you can buy it. If you think it will decrease, you can sell it. With a market this large, finding a buyer when you're selling and a seller when you're buying is much easier than in other markets.
HIGH RISK INVESTMENT WARNING.
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk, and may not be suitable for all everyone. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to LOSE.
Before deciding to trade Forex you should carefully consider your objectives, financial situation and level of experience. Take Profit!