ShareTweetShare50 SharesIn forex trading, making money in a short time is called scalping. The scalpers accumulate money by doing a large number of trades in a day, and it may vary up to 200 trades. And trading time varies from a few seconds to several minutes. Forex scalping is a good method to make high …
ShareTweetShare106 SharesForex, 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. …
ShareTweetShare15 SharesJust 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. In the first part, we are going to cover how …
ShareTweetShare114 SharesMost 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 …
ShareTweetShare13 SharesMost 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 …
ShareTweetShare10 SharesDo 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 …
10 “Expert Tips” that differentiate successful traders Read More »
ShareTweetShare40 SharesOne of the reasons why traders become so 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 »
ShareTweetShare2 SharesYou 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 …
ShareTweetShare11 SharesGambling 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 …
