Forex is a very profitable industry. With advantages like
Physical freedom: The ability to work when and where you want.
Uncapped financial potential: Being able to significantly amplify your earnings at
an accelerated rate without needing to wait years or decades for promotions or
Flexibility: Being able to work in a way that suits you and your lifestyle for no
more than a couple of hours a day.
See it as a journey to financial freedom & not a get-rich-quick scheme
Confidence in oneself is a trait that all great traders possess.
Self-confidence is something that gets overlooked when it comes to trading…yet arguably, it is one of the most important things(psychologically) any trader can possess.
However, note that there is a HUGE difference between Confidence and Ego.
Confidence can be beneficial to your trading if harnessed properly.
Ego can be detrimental if not managed.
TRUE ACCEPTANCE THAT THERE WILL BE LOSSES ON YOUR WAY TO CONSISTENCY WILL GREATLY DECREASE THE HURT WHEN THEY EVENTUALLY COME.
Losses are inevitable. They will happen, it is a side effect of trading that you can’t shy away from.
Its not about being completely perfect, because you are always going to take losses. But if you have an edge in the market (a good risk management system, good strategy & healthy psychology) then you will remain consistently profitable despite taking losses.
NFCW: Nepal Foreign Exchange Rates
As of Dec 23, 2020
|Indian Rupee||100||160.00 (0)||160.15 (0)|
|U.S. Dollar||1||117.85 (0.29)||118.45 (0.29)|
|European Euro||1||143.88 (1.59)||144.61 (1.6)|
|UK Pound Sterling||1||157.49 (0.89)||158.30 (0.9)|
|Swiss Franc||1||132.89 (0.66)||133.57 (0.66)|
|Australian Dollar||1||88.76 (0.75)||89.22 (0.76)|
|Canadian Dollar||1||91.46 (-0.41)||91.92 (-0.42)|
|Singapore Dollar||1||88.19 (0.31)||88.64 (0.31)|
|Japanese Yen||10||11.40 (0.15)||11.46 (0.15)|
|Chinese Yuan||1||18.00 (0.03)||18.09 (0.03)|
|Saudi Arabian Riyal||1||31.41 (0.07)||31.57 (0.07)|
|Qatari Riyal||1||32.36 (0.08)||32.53 (0.08)|
|Thai Baht||1||3.90 (-0.01)||3.92 (-0.01)|
|UAE Dirham||1||32.08 (0.07)||32.25 (0.08)|
|Malaysian Ringgit||1||29.02 (0.07)||29.17 (0.07)|
|South Korean Won||100||10.64 (-0.16)||10.70 (-0.16)|
|Swedish Kroner||1||14.23 (0.36)||14.31 (0.37)|
|Danish Kroner||1||19.34 (0.22)||19.44 (0.22)|
|Hong Kong Dollar||1||15.20 (0.03)||15.28 (0.04)|
|Kuwaity Dinar||1||386.63 (1.33)||388.60 (1.33)|
|Bahrain Dinar||1||312.47 (0.71)||314.06 (0.71)|