I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
I heard several times about in trading Forex, but I always ignored it every time my friend mentioned it to me. Because For what I'm doing before is I'm doing trade in the bitcoin trading. And for me, trading in Forex has a big difference because it is already a currency by each country worldwide compare in bitcoin world. Though, sometimes I've been thinking that by doing it of how to play in Forex and Bitcoin it just came at the same thing.
If you ask me, I like to suggest to stick within bitcoin trading as touching Forex trading might lead to take more risks compared to what you are doing with bitcoin trading. If you are willing to do high risky trading, then Forex trading could be your next stage in trading career.
Both reward and rick are huge in forex trading, still I personally prefer staying with low risk trading yet steady profits providing.