Novice traders and professional traders differ in many ways. Novice traders are usually new to trading and lack experience and knowledge about the markets, while professional traders have years of experience and a deep understanding of market trends...

Economic indicators play a critical role in determining currency exchange rates in the foreign exchange market. Economic indicators are statistics that measure different aspects of an economy such as gross domestic product, employment, inflation, and...

When it comes to choosing a forex broker or trading platform, there are several important factors to consider. One of the most critical factors is the reputation and reliability of the broker or platform. You should research the broker's history and...

Taking breaks is crucial in forex trading because it helps maintain mental clarity, emotional control, and decision-making precision. Forex markets operate 24 hours a day, which can tempt traders to over-trade or stay glued to screens for long hours....

A rapid market, also known as a volatile market, is a market condition where the prices of currency pairs are fluctuating rapidly, resulting in high levels of price movement and volatility. Rapid markets can have a significant impact on the price of...

Grid trading is a strategy that involves placing buy and sell orders at predefined intervals above and below a set price, creating a "grid" of orders. One major advantage is its ability to profit in sideways or ranging markets. By capitalising on...

Price action trading is a kind of technical analysis that does not have technical indicators. The analysis of the price action depends on the choice that the price reflects everything and thus the price is recognized, and traders are needed. In price...

Artificial Intelligence (AI) and human traders differ significantly in how they analyse markets, make decisions, and manage risks. AI traders rely on algorithms, machine learning, and vast data processing capabilities to execute trades rapidly and...

To achieve the best trading results, you need a clear trading plan. Trading plans should be well designed and include all information related to the trade activities to be carried out, such as the risk-reward ratio, the risk per trade, the criteria...

Trading quarterly Contracts for Difference (CFDs) offers several benefits for investors and traders looking to take advantage of market opportunities and manage their portfolios effectively. Here are some of the advantages of trading quarterly...