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The 90% rule suggests that 90% of forex traders lose 90% of their capital within 90 days, often due to poor risk management.
Top choices include the Financial Times, Bloomberg, and The Wall Street Journal, all known for reliable financial and forex market news.
This rule advises traders to use 5 currency pairs, 3 trading strategies, and focus on 1 trading session to stay consistent and avoid overtrading.
The S&P 500 is a stock market index, but in forex, it is often traded as a CFD (Contract for Difference) to speculate on U.S. equity market performance.
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