Posts to video sites, including YouTube, are barred. 2 - No external links or mentions to video sites (YouTube, etc.) Videos must use Reddit Video embeds. This is a zero tolerance rules, and will result in a perma-ban without the option to appeal. No posts promoting your 3rd party trader group or chatroom. No attempts to take the discussion off the subreddit are allowed (via PM, 3rd party chatroom, etc.) By employing fundamental and technical analysis, managing risk, maintaining discipline, and leveraging the support of a mentorship program and community, traders can increase their chances of achieving success in forex trading.Home hot new top chat PLEASE READ THE WIKI/FAQ BEFORE POSTING ANY QUESTIONS THE WIKI AND THE FAQ Hall of Fame Threads (really good education within) Live Trading Chat Subreddit Rules: 1 - No off-subreddit discussion (soliciting for DMs,) or promotion of your trader group or chatroom.Ĭomments must be related to the question. Through a range of strategies and resources, traders can gain the knowledge, skills, and confidence needed to succeed in the forex market. IM Academy offers a comprehensive educational platform for aspiring forex traders. The mentorship and community support offered by IM Academy provide traders with a valuable resource to enhance their understanding and improve their trading performance. The mentorship program provides traders with guidance and support throughout their journey, helping them develop their skills and overcome challenges.īy being part of a supportive community, traders can share ideas, learn from others’ experiences, and stay motivated. ![]() This support system allows traders to learn from successful professionals, ask questions, and gain valuable insights. IM Academy offers its members access to a community of experienced traders and mentors. By maintaining discipline and following a well-defined strategy, traders can avoid impulsive and emotionally-driven trades, increasing their chances of success in the forex market. IM Academy’s educational resources emphasize the importance of developing a trading plan and sticking to it. Traders are taught techniques to control their emotions, such as fear and greed, which can often cloud judgment and lead to poor trading decisions. IM Academy recognizes the significance of managing emotions and maintaining discipline when trading. Trading psychology plays a crucial role in a trader’s success. By managing risk effectively, traders can protect their capital and avoid significant losses, allowing them to stay in the market and take advantage of profitable opportunities. ![]() IM Academy also teaches traders to use proper position sizing techniques, ensuring that each trade’s risk is proportionate to their account size. ![]() Traders are taught how to set stop-loss orders, which automatically close trades at predetermined price levels to limit potential losses. IM Academy emphasizes the importance of implementing proper risk management techniques to protect capital and minimize losses. IM Academy’s comprehensive technical analysis training equips traders with the skills to analyze market trends effectively and identify potential entry and exit points.Įffective risk management is essential for long-term success in forex trading. IM Academy provides traders with a range of technical analysis tools, including trend lines, support and resistance levels, moving averages, and oscillators.īy learning how to identify patterns and trends in price charts, traders can make informed decisions about when to buy or sell currencies. This approach involves studying price charts and using various indicators to forecast future price movements. Technical analysis is another crucial strategy taught by IM Academy. This strategy helps traders identify trading opportunities based on the fundamental strengths or weaknesses of a currency, allowing them to make more profitable trades. IM Academy teaches traders how to interpret economic data and news events, providing them with the tools to analyze market trends and predict currency movements.
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