If you want to trade successfully then you have to consider a lot of things. The first and foremost one is to have a proper mindset. In the event that you want to become successful then it is imperative for you to build successful mindset. There is no successful trader on earth who does not have a […]
A Beginner’s Guide Forex stands for Foreign Exchange. Forex market, therefore, is the market of currency exchange. Traders buy and sell currencies to make profit. Foreign Exchange or FX has a daily turnover of $5.1 Trillion. This is more than any other trade/business in the world. This is mainly because of the round the clock trading […]
This is a question that gets asked all too often. If you’re looking to step into Forex you probably have seen it being thrown around, or perhaps you’ve asked it yourself. In this piece we discuss the similarities and differences between the two and decide what it is that can distinguish between these two and […]
Initially, when a person enters Forex Market, he might focus on establishing himself, investing his funds intelligently and get corresponding profit. However, in the long run, to ensure stable earning, it is important to become a strategy provider on Forex. No matter how successful you are in the Forex Market, as an individual, you cannot compare […]
How signals help and if they help at all are question that are asked too often. We thought we’d list some of the main benefits of Forex signals and settle this debate once and for all. We will approach this question with reference to our own service. There are other kinds of services available such […]
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 […]
In case you are exploring the possibilities of online trading, you would be happy to note that it is becoming increasingly popular owing to the development of both technologies and strategies. These provide traders with the opportunity to navigate the financial industry. Though the tools are there at the same time, it is essential that you […]
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