Top 10 Trading Memes Picked and Commented by FXOpen

FXOpen

If anyone feels that exchange and Forex traders are alien to the sense of humor and self-irony, then please see below 10 evidence that this is simply not true. We have searched the entire Internet (well, pretty much) in search of only the freshest and best quality trading memes. Enjoy! 

1. 2020 ruined everything

The Top 10 Trading Memes of October 2020, Picked And Commented by FXOpen

The year 2020 really ruined a lot of plans, like holiday plans, work plans, or life plans. But FX trading is good in that it allows you to benefit from any situation, even if at times you feel like DiCaprio’s character from the movie “Revenant”. 

2. Don’t touch that stop loss

The Top 10 Trading Memes of October 2020, Picked And Commented by FXOpen

We all know this feeling. “Well, just a little more, just a little more, I can make this trade profitable, I can move stop loss again, everything will be fine …”. Every time you have such thoughts, make yourself remember why you placed a stop loss order at that level and what motivated you to do so. And after that, decide what you want to do. 

3. A Forex trader’s restless mind

The Top 10 Trading Memes of October 2020, Picked And Commented by FXOpen

Yes, sometimes it’s very difficult to get thoughts about the market and your own unsuccessful decisions out of your mind, but we still advise you to pause, especially when it comes to your personal life. Please keep an eye on your health and take a well-deserved break from time to time.

4. Analyse this

The Top 10 Trading Memes of October 2020, Picked And Commented by FXOpen

Beginner traders often miss this important chapter in the education, and without the basics of risk management, sooner or later you can get such bruises that your budget may not recover from. 

5. Self-appointed experts

The Top 10 Trading Memes of October 2020, Picked And Commented by FXOpen

Here you can observe, perhaps, the most accurate image of the results of cooperation with the so-called “trading signals” sellers. If you see such a “guru”, run fast, run far. 

6. Trader-to-trader

The Top 10 Trading Memes of October 2020, Picked And Commented by FXOpen

In fact, it’s a wonderful feeling when you meet a soul mate! You will definitely have something to discuss and laugh at. Especially if your strategies are equally failed (just kidding). 

7. Think or sink

The Top 10 Trading Memes of October 2020, Picked And Commented by FXOpen

That is why mindless copying someone else’s trading strategies is not always the best idea. It is much more productive to analyze why top traders make certain decisions than to copy them and always be one step behind. 

8. Forex hunchbacks

The Top 10 Trading Memes of October 2020, Picked And Commented by FXOpen

If you are glued to the screen all day, at least make sure that your workplace is as comfortable as possible, your spine will thank you. But it is worth buying a season pass to the gym in any case. 

9. The power of diversification

The Top 10 Trading Memes of October 2020, Picked And Commented by FXOpen

Diversification is another must-have tool in the arsenal of any trader. Ideally, it involves allocating investments into different assets to reduce risks. The hero of this meme has taken this concept both incorrectly and too literally. 

10. Cash must flow

The Top 10 Trading Memes of October 2020, Picked And Commented by FXOpen

Finally, a meme that does not need to be commented on. We can only wish you that the profit on your accounts will always be instantly recognizable!

 

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Stay ahead of the market!

Subscribe now to our mailing list and receive the latest market news and insights delivered directly to your inbox.

Latest articles

Weekly Market Wrap With Gary Thomson: Nasdaq, EUR/USD, USD/CHF, Brent Crude Oil, Googl Shares
Financial Market News

Weekly Market Wrap With Gary Thomson: Nasdaq, EUR/USD, USD/CHF, Brent Crude Oil, Googl Shares

Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.

  • Nasdaq Composite: Worst Session
Forex Analysis

Analysis of AUD/USD: Exchange Rate Falls to Early May Low

As indicated by the 4-hour AUD/USD chart today:

→ the rate fell below 0.652, a level last seen on May 2;

→ the RSI indicator dropped below 15, a level last seen during the panic over the spread of COVID-19

Shares

Analysis of AMZN Stock: Price at 1.5-Month Low

As shown in the AMZN chart, the stock price dropped below:

→ the psychological level of $180;

→ the mid-June interim low.

The last time AMZN traded below $180 was in early June.

Thus, AMZN has faced sell-offs, similar to other tech

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.