The Fear of Missing Out (FOMO) is a huge problem when it comes to trading, not just for new traders but even those who have been doing it for a long time. It can make one take hasty decisions and also generally causes Forex trading to become much more stressful than it needs to be. […]
Losses are a part of Forex trading, in fact all trading, so it is best if traders have a strategy in place to deal with them. Not only that but you can use them to your advantage too and learn from them to improve your future trades. If you are still not quite there and […]
There are approximately 10 million forex traders in the world today and around $6.6 trillion are traded in the forex market on a daily basis. These numbers are, frankly, quite impressive. If $6.6 trillion is going into a market in a day, you wouldn’t think that people would worry about it being a scam, and yet here […]
TRADING STRATEGIES & TRADING TIPS If you are in trading business, the solitary nature of your profession needs no further mention. Therefore, it is clear that you need to set up goals and stick to those to keep going with a determined and positive mindset. We are almost at the end of the first month of […]
Trading styles are differentiated into four main groups: The purpose of this piece is to take a closer look at these four styles and discuss the good and bad in each to help new traders decide the one they would like to go for. Instead of comparing pros and cons as is done often in […]
With the amount of information that’s available on the internet on currency trading it is understandable if new traders get overwhelmed, which they tend to, when looking to get started. This article is meant to offer some clarity to aspiring traders and hopefully help them launch their trading careers. So if you are thinking about […]
The short answer to the above question is; not always. This question and its honest answer bring to light a part of Forex trading that is often overlooked. The fact that not all market analysts make good traders proves that there is more to trading than just getting the numbers right. How can market analysts and […]
We live in a world where distractions are everywhere and staying focused is becoming more of a challenge than ever. According to an article published in The Guardian, constant interruptions and distractions can have the same effect as the loss of a night’s sleep on your productivity and IQ. If you are a scalper or day trader, […]
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