There are many successful and interesting women out there who at the top of the Forex game when it comes to trading! Here is a quick overview:.

26 Best Forex Traders to follow on Instagram - ( Reviewed )

Rezekifx is a female trader who spends part of her time at Pipsrunner , which is a mobile trader page. On her page she likes sharing her thoughts and trading tips. Forex Chick is a retired register nurse turned CEO allowing traders to follow her interesting life and tips on Forex. On this Instagram account traders can watch her own market news where she presents the caps on the last week and the week ahead. Nicole is an expert when it comes to trading and a simple look at her IG posts shows how her company closes a consistent amount of profit almost each week.

Her posts are also visually beautiful and motivational.

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Sabina may look young but she is an established Forex trader. Traders who would like to learn more about trading but also follow a unique life will find her account very interesting. She shows traders many financial opportunities and how she has become one of the best. Sophia Rodrigues — thepipsroom. Sophia Rodrigues is a famous Forex trader and her account is filled with both pictures of her travel adventures and trading tips.

Faye is UK based and for traders who would like to learn more about her trading tips , can join her online. This account boasts a staggering 30k followers.

Mitchell Bryan has more than 10 years of experience in the industry. She is a creator of a popular company which teaches people about Forex and Followers can get her 1-Pg Trading Plan in order to learn more about how she honed her trading skills.

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She is an educator who shares her trading journey with Instagram followers. Returning to out earlier asked question — what makes this platform such a popular choice for these traders? Instagram was initially created for use by iPhone users, but almost immediately spread to other mobile formats.

These days, Instagram is easy to download and install, whichever mobile platform a user makes use of and whether a trader an iOS or Android user, they can simply go the App Store or Play Store, download, set up their account, choose a username and upload a profile pic. Photos are public by default, but users can also set them to private and other people will have to request permission first before they follow.

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Instagram can be considered as one of the most popular social media networks available to the current generation, primarily created for the purpose of having friends or so-called followers. When a trader follows an Instagram trader , their photos are regularly appearing in their stream. Traders can also like photos and comment on them, making it a friendly and laid-back social community.

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The bots are an Instagram automation feature which gives its users an idea of the preference of the followers of their business allowing for many likes, followings and views. These analytics and statistical data can help social traders focus on more options to target more audiences and help innovate their approach to marketing and branding.

Reports and statistics that are visually presented and easy to understand. The Next Question on our list — What makes these 27 Forex Traders and Accounts so successful and what puts them so far ahead in their game? When it comes to successful forex trading there is no single formula for success.

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Traders can think of the markets as being an ocean and them, a surfer. Here are the main strategies that will serve a trader well in all markets, especially Forex. Before trading , a trader should recognize the value of proper preparation, aligning personal goals and temperament with applicable instruments and markets.

For example, if a trader understands the retail markets, it would make the most sense to trade retail stocks rather than oil futures, about which a trader may know nothing. It may also benefit traders to assess the following three components :. Given its low commissions and fees , the Forex market is very accessible to individual investors and traders must make sure they have a solid understanding of what the Forex market is and the smart ways to navigate it.

Traders should always learn the basics and see real-time examples of the approaches and strategies. For instance, trading off a five-minute chart suggests a trader will be more comfortable taking a position without exposure to overnight risk or choosing weekly charts on the other hand will indicate comfort with overnight. In addition, traders will have to decide if they have the time and for that matter of fact, the willingness to sit in front of a screen all day or if they would prefer to do their research over the weekend and then make a trading decision for the week ahead.

Once a trader has chosen a time frame, find a consistent methodology a system of methods used in a particular area of study or activity. Some traders may like to buy support and sell resistance whilst others will prefer buying or selling breakouts. Many may like to trade using indicators, such as moving average convergence divergence and crossovers. Once a trader has chosen a system or methodology, they should test it to see if it works on a consistent basis and provides them with an edge. Traders will find that certain instruments will trade much more orderly than others and unpredictable trading instruments make it difficult to have a winning system.

Once a trader knows what to expect from their system, they must have the patience to wait for the price to reach the levels that said system indicates for either the point of entry or exit. Discipline is the ability to be patient and to wait until a system triggers an action point.

Discipline is also being able to react when a system indicates to do so. Especially when it comes to stop losses. This is also known as the trade-off between risk and reward. Instruments trade differently depending on the major players and their intent and large banks that are trading in the spot currency markets most times have a different objective than currency traders buying or selling futures contracts.

If a trader can determine what motivates the larger players, they can often align that knowledge to their own advantage. Traders should start by picking a few currencies, stocks , or commodities , and chart them all in a variety of time frames. Then they should apply their particular methodology to all of them and see which time frame and instrument align to their system. This is how a trader will discover alignment within their own system.

Traders should repeat this exercise regularly, as this will help them to adapt to changing market conditions. Implementing a Forex Trading Strategy. Profitability is found in the management and execution of the trade. Successful trading is all about risk control and traders should try and trade in the correct direction right out of the gate. Traders should evaluate their trading system, make adjustments, and try again. Most time, it is on the second or third attempt that a trade will move in the right direction but this requires patience and discipline.

Trading is an art to execute successfully and there is only a profit-making trade or a loss-making trade. Warren Buffet has been known to say that there are two rules in trading: Rule 1: Never lose money. Rule 2: Remember Rule 1. Traders must always remind themselves to take small losses often and quickly rather than wait for the big losses. There are legitimate forex traders on Instagram and then there are also the scam artists.

Typically, this type of trader is highly skilled and deeply knowledgeable about the market in which they operate. Day traders also use a variety of techniques to ensure their success and make trading decisions quickly. Success, for a day trader, means ending the day with no open positions and a profit relative to the beginning of the session. This type of trading often appeals to people who deal in high-volume stocks and who have a thorough grasp of price analysis. As with any trading style, day trading needs to be partnered with sensible money management principles.