Table of Contents
Who is the best forex trader to follow?
Can you make a living out of Forex trading?
- A Quick Overview of the 10 Best Forex Traders and Accounts to Follow on Instagram.
- Samuel Leach.
- Austin Netzley.
- Sam Seiden.
- Walter Peters.
- Jabulani Ngcobo.
- @invictusfx.
- @astroForex.
How can I learn price action trading?
To summarize, here are the eight steps to picking up price action trading:
- Learn what is price action.
- Start with the concept of demand and supply.
- Learn how to determine the market bias.
- Learn how to enter the market.
- Learn how to set stop-losses.
- Learn how to take profits.
- Understand the concept of expectancy.
Is price action trading the best?
Price action trading is better suited for short-to-medium term limited profit trades, instead of long term investments. Most traders believe that the market follows a random pattern and there is no clear systematic way to define a strategy that will always work.
Do you need a forex trading mentor?
A Forex trading mentor should be an experienced trader with the necessary knowledge and know-how to successfully trade the markets. A trading mentor can significantly improve your trading performance.
Why do I need a tradesman mentor?
Trading is an ever changing land-scape. As trends come and go, government change, new tools arrive, trading conditions change, information becomes obsolete and so on. This being sad a mentor can only do as much as provide you with his honest results and digest a more complex information for you, the “leg work” is still on you.
Why should you hire a forex trading consultant?
Forex trading is different from other business endeavours you may take. Early in your trading career, almost all mistakes you make result in losing money. Experienced Forex educators can make the journey to success a great deal smoother than refusing professional advice and taking the road on your own.
Who is Elena Lim’s forex mentor?
Maria Roger casts a long shadow. and it shouldn’t come as too much of a surprise that this successful Forex trader has ties to the next trader on our list. Elena Lim considers Maria Roger her mentor, who already had a whopping experience of around 8 years, and is a veteran in every sense of the word.