Recent content by smartfx

Risk management is crucial in forex trading because it protects your capital from significant losses. Without proper risk controls, even a few bad trades can wipe out your account. Key practices include setting stop-loss orders, risking only 1–2% of your account per trade, and avoiding...

The best time frame for forex trading depends on your trading style and goals. Scalpers often use 1-minute to 15-minute charts for quick trades, while day traders prefer 1-hour to 4-hour charts for balanced opportunities. Swing traders and long-term investors typically rely on daily or weekly...

A profitable trading strategy combines technical analysis, risk management, and discipline. One effective method is the trend-following strategy using moving averages—specifically the 50 EMA and 200 EMA crossover. Enter long trades when the 50 EMA crosses above the 200 EMA and price action...

CryptoGames is truly revolutionizing the online gambling industry by integrating blockchain technology, offering enhanced transparency, security, and fairness. Unlike traditional platforms, every bet and transaction on CryptoGames is recorded on the blockchain, ensuring trust and eliminating...

Mastering the entry point in forex trading is crucial for maximizing profits and minimizing risk. 1. Always align your entry with the trend by using a higher timeframe (like H1 or H4) to confirm the overall direction, then drop to a lower timeframe for precision. 2. Use Confluence — combine...

One of the most common mistakes new traders make is trading without a solid plan or risk management strategy. Many beginners chase the market, over-leverage their accounts, and enter trades based on emotions or tips rather than analysis. They often ignore stop-losses, leading to large losses...

One of the most common mistakes new traders make is trading without a solid plan or risk management strategy. Many beginners chase the market, over-leverage their accounts, and enter trades based on emotions or tips rather than analysis. They often ignore stop-losses, leading to large losses...

For beginners, the trend-following strategy works best. Use moving averages like the 50 EMA and 200 EMA to identify trends. When the 50 EMA crosses above the 200 EMA, it's a buy signal. Stick to major pairs like EUR/USD or USD/JPY, and trade on higher timeframes (H1 or H4) for more reliable...

In high-leverage contests, risk control is still key. Limit risk per trade to 10-15%, only when setups are strong. Use SL to protect capital, and move to breakeven quickly after profits start. Avoid overtrading or revenge trading. One solid trade can change the leaderboard. Remember: aggressive...