One of the most intimidating aspects of the forex market is volatility. Even though it is one of the most liquid markets, there are occasions when it tends to become very volatile, for example when new data is released. For some time after data releases, the market exhibits confusion and this manifests in the shape […]
Day trading requires a lot of market knowledge and constant attention, which is why it’s better suited to experts rather than beginners. In this post, we’re going to review some tips for day trading. The importance of market observation and research cannot be over-emphasised here. 1. Know your stuff In order to succeed at day trading, robust market […]
People like to say that forex trading is a gamble. We don’t believe that. Traders who develop good habits and attitudes towards trading, don’t see it as a gamble or stroke of luck. There is a lot of talk around about the technicalities of forex trading; heaps upon heaps of information. However, these strategies and […]
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 […]
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 […]
If you are a beginner level trader you will probably have read a lot about trends and trading them. However, when you go to look at the charts that represent these trends, it is hard to make any sense of them at all. Too many lines going in too many directions without any rhyme or […]
If you are just starting out as a trader, this piece is for you. Here is a list of all the habits that are best formed early in the trading career. These are incredibly helpful but once you start trading without them it can seem like a massive task to build these seemingly simple habits. […]
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 […]
What is challenging part of trading? Why someone close day in loss even after a couple of successful trades? The answer is very simple and clear. A trader needs to set rules about when to close trading for the day regardless of profit or loss. Why we saying regardless of profit or loss. Over trading […]
The gold has fallen on Wednesday because US dollar reached its peak on the back of strong US economic information as well as tensions in North Korea. Equities have fallen. The Swiss franc and other developed market securities progressed because Donald Trump the President of United States debilitated North Korea with anger by following a progression of missile […]
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