BEWARE: 4 Hidden Dangers of Forex Trading - My Trading Skills

FTMO_Forex_Trading

Our Reddit FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. - To be with other like-minded forex traders. So Welcome all to "The Reddit FTMO Forex Trading Community ". Cheers and stay safe .
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Playing Safe on Forex trading

Hi guys. I'm basically new to trading forex despite studying for 10 months, I feel like I'm a no good trader. Just a small background, I tried to trade on real account after 4 months with a trading plan I copied from a forex guru and I lost 25% of my $100 in 3 months (very small account just to test my psychology). I decided to study again with the help of babypips and started demo trading 2 months ago by constructing my own trading plan which is based on trend/range trading. My problem is, I feel like I'm super playing it safe in trading. I've only had 4-6 trades in a month and an average win rate of 83% having 100-150 pips gain. I am currently looking at H1 and H4 timeframes. Do you think having 4-6 trades a month is a very small frequency given that i look at H1/H4 charts? How often do you guys trade for those who look at H1/H4 charts? Is there any advice you can tell me which will improve my trading frequency?
Thanks for taking the time to read and response on this post.
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My first day of forex trading on a real account! Today has just heen about testing the waters! Its just about being patient and playing it safe.

My first day of forex trading on a real account! Today has just heen about testing the waters! Its just about being patient and playing it safe. submitted by ClintosM to Forex [link] [comments]

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Forex - Safe Haven Yen Slips; Risk Currencies Gain on Trade Talk Hopes

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