Stop Loss In Forex: It is a technique to limit your losses. It automatically closes your position when you reach a certain price level. But after a while the price goes up, that is, your assumption was wrong and the price goes against your position. Of course, you can close the position at any time […]
The gap means those areas of the charts where the currency or stock prices goes up or down with only a little or no trading in the middle. This specific area shows the anomaly in the average pattern of the price of the stock and is known as a gap. There are many traders across the globe […]
Forex trading psychology has a huge effect on trader’s success in the Forex marketplace. Once you have developed a strategy and learned the basics of the market, you have the most tools to succeed. Psychology of Successful Traders: There are too many nuances that should be considered in the market. Traders need to understand that […]
There are different Forex signals Companies that are offering best forex signals in real time. They also make use of a number of tools and techniques to assist their clients. They offer their clients some strategies and plans that are useful for the recent moves. These companies have a number of expert traders that are quite dependable. […]
Trading Methods & Techniques: Set of techniques to position yourself on an action by controlling the risk to significantly increase the profitability of your stock portfolio, is defined as a trading method. By defining in advance what you are going to study, what you are going to consider, you will come to extract a lot […]
Whenever it comes to day trading then the suggested one is nothing but swing trading. It is a trading strategy that is quite profitable instead of the intraday trading. There are many traders who are interested in day trading. For those, we are here to explain the entry and exit strategies along with trade handling […]
Entry and exit points have been a great point of confusion for traders in forex, both old and new, but especially new. Choosing the wrong entry point– for example at the time when the corrective wave is at work and the prices are going against the trend, entry can prove to be harmful. A beginner […]
Statistics will tell you that 80% of forex traders leave, disappointed, after the first 6 months of trading. You read it and think, ‘I don’t want to become a part of this statistic.’ There’s every chance that you will not that is, if you trade wisely and have a solid plan backing you. In this […]
A lot of people believe that forex trading is like gambling in many ways. And it is only untrue if one’s trading according to a plan or strategy with the proper risk management measures in place. Trying to make big money off of one trade or entering positions without any research is trading like gambling because the […]
Before getting into the tips, let’s quickly revise the types of trading and you can see if this is the kind of trading you’re planning to pursue or perhaps you’d prefer scalping or something else. There are four kinds of trading in forex: Position Trading: Long term. Positions are kept open for months, and sometimes even years. Swing […]
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