Professional Traders vs. Retail Forex Traders (3 Differences)
3 major differences between professional traders vs retail traders. Professional fx traders practice risk management differently as compared to the 90% of forex retail traders who lose money.
If you want to think and act like a forex professional trader, you need to implement these 3 things first. Professional traders never come into forex trading taking over-leveraged positions.
Professional traders always practice prudent risk management whole the forex retail traders like to over-leverage their positions.
Another difference between the retail vs professional trader is the amount of assets that the are invested in. The best professional forex traders would diversify across many different asset classes.
Another difference between the professional vs retail traders is that the forex professional would always trade for wealth rather than income. Most forex retail traders never let their forex accounts compound in the long run.
If you want to know how professional traders trade forex, i will share with you more details on their strategies such as trend following. A lot of forex professional traders utilize trend following as their strategy.
You will also find professional day traders who are successful day trading. The main difference between professional traders vs retail traders is the mindset and approach in which they go into forex trading.
If you want to achieve the results of the professional traders, then you should practice these 3 tips.
Singapore youtuber profile:
Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
It’s also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
MENTORSHIP PROGRAM ONLY FOR SERIOUS HUSTLERS :
Adventures by A Himitsu
Creative Commons — Attribution 3.0 Unported— CC BY 3.0
Music released by Argofox
Music provided by Audio Library