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Trading Myths that are Very Common

Knowing the difference between common forex trading myths and reality is essential to long-term success. In this article, guest editor, Dr. Gary Dayton explores the top 10 trading myths to be aware of. Notably, these myths are closely linked to trading psychology, which goes hand in hand with a successful trading career. 1. People are born traders. While …

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FTSE UK Index

It was launched in 1984, the entire FTSE (Financial Times Stock Exchange) consists of in excess of six hundred companies, that make up approximately 98% of UK market capitalization. The ‘footsie’ is a term that most people have heard of, but relatively few understand its intricacies and significance. This page will break down its history, …

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Skrill

Skrill

Skrill (formerly known as Moneybookers) is a British electronic payment, storage, and money transfer system that is operated by PaySafe Group. The number of brokers accepting Skrill for transactions is increasing because of its speed and security. Other advantages for brokers that accept it as a mode of payment are that it accepts all major …

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MetaTrader 5 (MT5)

MetaTrader 5 Trading Platform for Forex Stocks Futures

MetaTrader 5 (MT5) facilitates online trading in forex, stocks, and futures. Rich analysis tools and indicators make it an excellent platform for experienced traders. Automated trading is also available through expert advisors and signals. This tutorial will review MetaTrader 5, explain how to download the platform on Mac and Windows, and list the best MT5 …

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MetaTrader 4 (MT4)

MetaTrader 4 Platform for Forex Trading and Technical Analysis

MetaTrader 4 (MT4) is an online trading platform best known for speculating on the forex market. Available for download on Mac, Windows, and mobile apps, it’s offered by most brokers in 2021. Here we’ll explain how to trade on the MT4 system, as well as run through expert advisors (EAs), demo accounts, tutorials, and support. …

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Here’s My Daily Trading Routine That I Use Everyday

I recently watched a documentary about Bill Gates on Netflix and the thing that stuck with me the most from it was that he didn’t become one of the wealthiest people in the world through luck or by inheriting huge sums of money. He literally reads like 8 books while traveling, he can read 150 …

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10 Reasons Why Trading is the Best Career

Reasons why trading is the best career

Let’s be honest, trading can get discouraging at times. Even professional traders have losing months sometimes, so don’t be too hard on yourself. I think it’s good to remind ourselves sometimes just why it is we do this. A little positivity and fresh focus on the reasons we all got interested in trading can be …

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4 Common Reasons Why Forex Traders Fail

Common reasons why forex traders fail

It is said that the failure rate in the forex industry is very high, with more than 90% of traders quitting the game within their first year of trading. Most of the traders in most cases are not aware of the common reasons why Forex traders fail to be able to prevent the same from happening. At …

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Never Risk More Than 2% Per Trade in Forex Trading

Never risk more that 2% per trade on Forex Trading

How much should you risk per trade? This is probably one of the frequently asked questions by forex newbies. Well, the answer is to try to limit your risk to 2% per trade. But that might even be a little high. Especially if you’re a newbie forex trader. Here is an important illustration that will show …

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12 Trading Mistakes You Must Avoid to Become a Great Trader

12 Trading Mistakes you must avoid to become a great trader

Do you want to become a successful trader? Well, you are going to look at how to avoid the 12 trading mistakes that are common and traders often fall victim to. You’re going to make mistakes as you learn to trade, but the traders who actually start making money are the ones who LEARN from …

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