Deaching of the great explorer of the truth the builder
Are you thinking about giving forex a shot this year? We know the market and this whole business is quite intimidating. This is why we have put together a list of some basic things every trader should keep in mind when entering forex. Let’s get right into it. #1-Consistency in risk management Manage risk and […]
If you read up on any traders who are actually successful in Forex or even stock trading, you will notice that they think of it like any other business and not as the average retail trader might. Successful traders approach investment with a certain level of detachment and without emotional investment in the currency or stocks. If […]
We have heard plenty about the need for preparation in trading as well as the importance of risk management. Both of these are no doubt crucial to this business, but where does one stop? Surely, when you are trying to get something done there should also be some prompt to actually do it. Sometimes, the […]
For a lot of new traders learning about the best in the game often proves to be quite inspirational. So, to bring you your doze of motivation for the week, we have put together a list of the top 5 Forex Traders and their strategies and best trades. 1. George Soros Reading any of these forex traders […]
If you are just starting out and a little nervous about the market with the information flood that you have probably exposed yourself to, this is the right place for you to be. Stepping into the world of trading where trillions of dollars are exchanging hands every day, it can get a bit overwhelming. What to do […]
The psychology behind support and resistance This has been discussed in another blog in detail but we will go over it quickly here. Resistance level shows that supply has exceeded demand. At that level there are too many sellers and not enough buyers. On the other hand, support level shows that demand has exceeded supply. At that level […]
It is often said that forex trading is taxing emotionally and mentally. A lot of new traders who get into this market are not prepared for the mental labor and discipline required by it. For anyone who is thinking about joining the forex market, there are two kinds of opinions and advice out there: 1. […]
It is not an easy task to do trading in the Forex market. On the other hand, there are numerous traders that are still capable enough to make money through it in a short time. How They Make Money? These traders generated money through Forex trading because they have used indicators. There are various types of […]
It is common for traders to let emotions get the better of them and indulge in counterproductive trading habits without even realizing that they are. One such habit is revenge trading. It is way more common than you might think and almost always results in losses for those who indulge in it. In this blog we’re going […]
Technical analysis is actually the learning of the price action or price movement of a market after some time. There are a lot of traders who make utilization of price charts and different technical indicators that accompany those charts to play out their technical analysis. Indicators The indicators are numerically based specialized analysis tools that […]
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