Have you ever registered a trading account either a Binary or Forex trading account with a broker but only to be told to verify the account to receive either a bonus or to deposit? Sometimes you wonder what is verification for and is it a must you verify your trading account to deposit or get …
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is how individuals, companies, and central banks convert one currency into another – if you have ever traveled abroad, then it is likely you have made a forex transaction. While …
Just like a bar chart, a daily candlestick shows the market’s open, high, low, and close prices for the day. The candlestick has a wide part, which is called the “real body.” This real body represents the price range between the open and close of that day’s trading. The first part we are going to cover how to read …
Most forex traders who come to the industry come with a poor mentality. Some hope that they will turn to be overnight millionaires without learning so much. This is why most forex traders lose money and quit in the early months of their trading. It takes about 3 to 5 years for anyone to graduate …
Most traders fail in trading because they don’t have the best forex tools or they don’t know how to choose the tools. You may be a newbie or a seasoned forex trader. But, you can’t be a recluse and use your PC as an ATM of forex. To be successful, you have to connect with …
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 …
10 “Expert Tips” that differentiate successful traders Read More »
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 …
Why Should You Focus on Things You can Control in Trading? Read More »
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 …
In fact, the Forex market encounters more gamblers than professionals. Though many people don’t want to be a gambler, they also see it as gambling. And they approach Forex with the attitude of a gambler. Several traders lose a lot of money to the Forex market because of a lack of knowledge or because they’re …