Forex education


It is a perfect strategy for beginners that can quickly lead them to complete collapse. The temptation of short-term fluctuations of a few pips can result in a trader catching from 1 to 5 pips. Having succeeded several times, traders earn 20-40 pips. Then there is a movement against the chosen position, and a trader suffers severe losses. That is why this strategy requires fast decision making under great psychological stress in a short period of time. This strategy is only suitable for experienced traders, while beginners will just watch their money disappear.

Therefore, for a start, we can recommend using a medium-term strategy with the gradual implementation of a short-term strategy amid a weak or sideways trend. It should be mentioned that sometimes it is better to do nothing than to do something just for the sake of doing. You should not open a trade just because you want to do something, which is often provoked by long inactivity. Each trade must be based on fundamental or technical reasons.

Featured articles

Minimum deposit

Minimum deposit for different payment methods

Unable to open position

Steps to be taken by clients of top broker InstaForex when it is impossible to open a position (an order)

Fund your account using any of the available methods