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 […]
Day traders around the world stick to the one percent risk rule or may even vary it to a little extent to match their trading style. In fact, adhering to this rule allows them to minimize their capital losses, especially when they experience off-days while trading or when the market conditions are not in accordance with […]
Technical indicators present past data from market movements and are used to calculate future probabilities. In this blog, we highlight some of the most important and useful indicators that can be used for a good technical analysis and to make an informed decision. The first thing to keep in mind about technical indicators is that they […]
We have discussed specific forex strategies in previous blogs but here we focus on some general types. The standard for our analysis of each time is the win ratio and the difficulty level. If you are new in the forex market, this will hopefully be useful to you. 1. Pullback Trading What it is? Pullback strategies revolve […]
A lot of times people ask what skills are needed to trade forex successfully. While the first two things you need to have are a good understanding of the market and a good strategy, there are other very important elements to trading. And this blog is all about those. There are four skills or strengths that are […]
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. If you are someone just entering the market and worried about the psychological aspect of trading and wondering about how successful […]
Forex trading is about instantaneous purchasing of one currency and selling the other one. The dealers or brokers trade the currencies. However, the currencies are always traded in pairs. For instance, the US dollar and Euro are paired together as well as the Japanese Yen and British Pound are paired. The rates of trade fluctuate based on which currency is stronger at present. […]
When you hear the word “crypto-currencies” it sounds cryptic. Who would have thought that something that sounds so obscure would be challenging the centuries-old order of state-back currencies? When people think of crypto-currencies – whether it’s Bitcoin, OneCoin or others – they think of the unsavory, mysterious operators somewhere offshore away from regulatory oversight. Of course, the financial […]
Crude oil provides incredible opportunities and high liquidity to benefit in about all economic situations because of its remarkable standing inside the world’s financial and political frameworks. In a couple of years, energy sector unpredictability has risen by guaranteeing the strong trends that can deliver reliable returns for long-term timing strategies and short-term swinging trades.The participants of […]
There are many things common in a professional trader as well as fisherman. Both of them must be proficient enough to feel the sea or market. You can easily learn many things about trading from a professional fisherman. The example of a skilled and patient fisherman -angling every one of his rivals is a decent analogy […]
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