One thing that is rampant these days is scams. Whether it be an email promising you riches for helping royalty or someone promising to double money you wire them, they are all over. In the trading world, there isn’t an exception. This is especially the case with FOREX since it is not a centralized market such as the stock market. But there are a few things you can look out for when you're getting started to make sure you don’t get roped into a false trading company.
In this article, you can expect to see some key traits I will point out that will help you determine who has been in a traders shoes for a bit longer, or the ones that have decided to just put the shoes on. There are traits that all traders share, however, regardless if your'e a beginner or an expert.
Transitioning out of a $10,000 account can be difficult. Learning to adapt to a smaller balance can be rough for many. What a smaller account size does offer is a new perspective on risk and a way to adapt your strategy. Apiary Fund reviews how traders are able to manage a larger account size and a smaller account to analyze the risk management implementation in both cases. Learning how to adjust key parts of a strategy for account size is critical in trading.