Do you want to learn the Expert tips that differentiate successful traders from gamblers? Well, there are a lot of them but today will are going to cover 10 of them. When you read about Forex blogs, you will find a lot of thoughts about the trader’s mindset. Pros in trading, professionals, and experts in …
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One of the reasons why traders become so much stressed while trading is because they focus on the things that they can’t control. When you waste too much time worrying about things you can’t control, it drains a lot of your energy, takes away your motivation to perform well, and affects the way you do …
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You might be quite asking did I really mean reasons to consider quitting Forex trading or something else? Yeah, I did mean to quit forex trading. It doesn’t encourage trading when you are not making anything from Forex trading Instead, it is better to do away with it, if you don’t follow the strategies of …
Gambling is defined as staking something on a probability. However, when trading is considered, gambling takes on a much more complex dynamic than the definition presents. Many traders are Forex gamblers without even knowing it. In this article, we will look at the hidden ways in which gambling creeps into trading practices, as well as the stimulus that …
The Forex market is a worldwide market of currencies (called instruments). The market measures the value of a currency in terms of another currency’s value (e.g.. $1 = £0.66). Nowadays our world is a single, large global market. Different currencies change hands anytime, anyplace – for trading purposes, investments, loans, and partnerships. The globe is …
To trade Forex signals successfully, learn about: Currency Pairs Types of Orders P.S.M.L (Pip; Spread; Margin; Leverage) Currency Pairs It is very important to get to know Forex Terminology in order to trade knowledgeably. The terminology is important to be able to read currency price quotes. Remember: in Forex, each currency is compared to another currency. Base Currency …
It’s time to learn more about the market. Our step-by-step journey through Forex continues. So before jumping into the deep water, let’s wet our feet first, and get used to the temperature… and focus on the following forex trading terms: Currency pairs: Major currencies, Cross currencies, and Exotic pairs Trading hours It’s time to begin! …
Now that you wet your toes, we are ready to start swimming lessons… Let’s jump right in. We will now start giving you the basic tools necessary to be a successful Forex trader. Charts Types Supply and Demand Lines & Trends Time Frames Trading Styles: long, short, day, intraday, swing, scalping Multiple Time Frames Strategy …
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Sometimes a fundamental approach is even more important than a technical one. From George Soros to Warren Buffet, some of the world’s most famous traders have admitted that they owe their fortunes to the fundamental analysis they have made over the years. Main market forces Where can we find all the information? The power of expectations …
It’s time to get right into the thick of things and start learning about technical analysis, one of the most common forex trading strategies. In Chapter 6 we will discuss some of the most popular forex trading strategies. Technical Analysis Support and resistance levels Price action Chart patterns Channels Technical analysis methods acquired huge popularity towards …