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Penny Stocks For Dummies - Peter Leeds.pdf
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Penny Stocks For Dummies By Peter Leeds

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High Quality Trade Conditions

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4 BUYING OPPORTUNITIES

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Forwarded from Crypto News
💬 Who are you?
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What is forex?

Quite simply, it’s the global financial market that allows one to trade currencies.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
Once upon a time, before a global pandemic happened, people could actually get on airplanes and travel internationally.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”

When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have remaining (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

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21 Rules for Trading Success

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Educational Post 😓

Why 95% of traders don't SUCCEED?

1️⃣ They become obsessed with the indicators, rather than understanding price action and market structure.

2️⃣ They want to become rich quick, Instead of on a long-term growth

3️⃣ They gamble with oversized positions in hopes of huge profits, rather than following proper risk management.

4️⃣ They underestimate the complexity of trading and assume that it is simple not being ready for many years of practicing and losses.

5️⃣ They trade without stop loss and in case of being wrong, They keep holding their positions praying about a market reversal.
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2025/10/01 10:18:59
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