Forex Trading Easy
10 Ways To Avoid Losing Money In Forex Investopedia Short answer. no, forex trading is not easy and requires; self-awareness and control, knowledge, practice, capital and hard work. you are getting involved in a field where huge multi-billion dollars banks, hedge funds, investors etc. are the players, and the people trading on their behalf are top notch performance proven skilled and well-educated individuals. The stochastic help us determine if it’s still ok for us to enter a trade after a moving average crossover, and it also helps us avoid oversold and overbought areas.. the rsi is an extra confirmation tool that helps us determine the strength of our trend.. after figuring out our trade setup, we then determined our risk for each trade.. for this system, we are willing to risk 100 pips on each. Forex is a portmanteau of foreign currency and exchange. foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, tradi...