by Farrell Brown | https://forexfocusedtrading.com/mentor/ Let’s be real every aspiring trader needs a forex mentor. Trading isn’t a game. It’s a skill. And like any high performance skill, it needs to be sharpened, guided, and mentored. If you’re serious about becoming a consistently profitable trader, you need more than just […]
Read more
Trading is a legitimate financial activity practiced by individuals and institutions worldwide. However, it is essential to approach it with caution, as the trading landscape includes both opportunities and risks. While many traders operate ethically and profitably, there are also fraudulent schemes and scams that exploit unsuspecting individuals. Understanding the […]
Read more
The US30, also known as the Dow Jones, follows the trading hours of the New York Stock Exchange (NYSE). The NYSE opens at 9:30 AM and closes at 4:00 PM EST, Monday through Friday. These hours mark the official time when the index is most active. However, don’t pack up […]
Read more
Understand Seasonal Trends: Study historical patterns like the “Santa Claus Rally” in equities or year-end USD demand. Monitor Liquidity: Be cautious during periods of low market participation, especially in the second half of the month. Focus on Major Pairs/Assets: Stick to highly traded currency pairs or instruments to avoid excessive […]
Read more
How Emotions Impact Your Trading Decisions When it comes to trading, most people think it’s all about numbers, charts, and strategies. While those are essential, there’s another huge factor that often flies under the radar—your emotions or (Emotional Trading). Trading is a psychological game as much as it is a […]
Read more
Overtrading: The Risks of Too Many Trades If you’ve ever felt the itch to trade every single move the market makes, you’re not alone. The excitement of seeing those candlesticks dance around can be downright addictive. But here’s the thing—overtrading is one of the biggest mistakes traders make, and it […]
Read more
Understanding Fundamental vs. Technical Analysis: What’s the Difference? If you’re new to forex trading, you’ve probably heard a lot about both fundamental and technical analysis. These are two of the most popular methods traders use to predict where the market is headed. But what’s the real difference between them? And […]
Read more