Apiary Fund Blog

3 Ways to Improve Your Forex Trading

[fa icon="calendar"] Jun 1, 2019 6:00:00 AM / by Brigette Dumas

In this article, I wanted to explain some ways you can keep your trading fresh and up to date. In the currency world, things are always changing. You need to be able to adapt to the change, and tweak your strategy to stay on top of the currency world, so you can ultimately be successful. But don’t worry, following this checklist should help you keep things in order so you can become profitable trading!

First, I suggest having a supportive community first and foremost when thinking of expanding your ways to be ensure profit. What I love about the Apiary Fund and Trader on the Street, is how available that support is to me as trader. I have the opportunity to read through what they are saying what works for them, and ask and share my own questions or ideas.

One thing you can make sure you do daily is to check other time frames. I know you can fall into the habit of staying with the time frame your most comfortable with, but making sure you're at least checking other time frames before you commit to your daily trade can be a huge change for you! You can even check longer time frames to get an overall sense in what direction you can keep in mind. You can also try trading other pairs to keep yourself challenged by trading other pairs. By doing so, you can grow by challenging yourself. You need to keep yourself consistently learning all you can about the market so you can remain successful and not limit yourself. The last tip I have for you to try is to keep yourself open to other strategies so you can continue to conquer the market. Keeping your strategy open to change is something I strongly suggest. I think even adding something onto your strategy is good for you, you need to keep it flexible.

One thing I love about being a part of the Apiary Fund is how readily available everyone in the community is and open they are with sharing. There's an Apiary Fund forum all the traders have access too, and I love browsing through the different sections they have to see what people are saying about their current time frame or strategy their using, or what they noticed about the market that day. It’s a nice way to make sure you’re staying open to all the tips I mentioned trying to keep your trading fresh and active, already today. I hope this has helped and I hope you have left here feeling good about what you’re doing on your journey!

 

Topics: Forex, trader on the street, trading forex, trading goals

Brigette Dumas

Written by Brigette Dumas

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