Alright, traders, listen up! It’s time to address a crucial aspect of trading that far too many new traders are neglecting: checking multiple timeframes. Here’s the deal: if you want to be a successful forex trader, you need to be looking at the market from multiple angles. You can’t just rely on one timeframe, whether […]
There is the stock market and there is the foreign exchange market. The latter is considered the bigger opportunity-if you know how it works and if you have the money to invest. There are a lot of reasons nowadays why people are flocking to learn the in and outs of Forex trading. But why get […]
Novice and students of Forex trading often overlook the obvious: many before them have made fatal mistakes. Making the same wrong decisions all over again just does not make sense. What a serious Forex trader should do is to learn from them and up their game. Relearning these assumptions and wrong steps will increase one’s […]
So you have taken a loss. Okay, let us say you have taken an astounding loss. What now? It is not the end of the world. Now comes the part where you rise above the colossal mistake you have made in forex trading. Owning up to it. Know you have made a mistake and it […]
Forex brokers are a dime a dozen. What really set them apart from one another are the services and information unique to each one. How to distinguish a good one from a bad company? What are the major factors that come into play? What you should consider in choosing one for you all depends on […]
If you have already figured out your forex trading strategy by now, you are not in the clear yet. Now comes the part where you get to choose the type of brokerage firm that will fit in seamlessly with your plan. A forex broker in essence, is the one that will keep an eye on […]
So you think you have the winning strategy for forex trading. Have you tempered and tested your winning formula yet? What you do not know is that there things you must take note before fully placing money on your strategy. These are points tested and tried by those who have come before you. Understand the […]
The world of forex trading is one of big money and high risks. Everybody is seeing this market as a promised land, an opportunity to earn a fortune. Nevertheless, seasoned analysts and traders alike have paid the price by being disciplined and knowledgeable; they know that certain ways of thinking will only help them leak […]
Financial jargon іѕ notoriously difficult tо decipher аnd understand. If уоu happen tо know аnу economist оr financial analyst whо саn explain thеm tо уоu, thеn іn most cases thеіr explanation іѕ simply nоt understandable fоr lay men whо саn barely manage tо know thе difference bеtwееn stocks аnd mutual funds аnd debt аnd equity. […]
Currency devaluation іѕ lowering thе value оf а currency. Thе value оf а devalued currency іѕ low раrtісulаrlу tо thе оthеr nations, bесаuѕе foreigners саn now buy more goods іn thе same amount оf money. Thеrе аrе two ways іn whісh а currency саn bе devalued. 1. Floating Exchange Rate System Under thе Floating Exchange […]