In the world of finance, there are various roles that individuals can take on. Two of the most common roles are traders and analyzers. Traders are individuals who buy and sell securities with the goal of making a profit. They rely on market trends,...
Loss is an inevitable part of the forex market. No trader, no matter how experienced or skilled, can consistently avoid losing trades. However, it is important to view losses as a natural and necessary part of the trading process. Instead of trying...
My trading journey has been both challenging and rewarding. Initially, I approached trading with enthusiasm, but with limited knowledge, which led to some early losses. However, these mistakes taught me valuable lessons about risk management,...
An SMA indicator employs a calculation formula that, by taking pricing data and averaging it out over a period chosen by the trader, aids in the comprehension of the data. The Simple Moving Average is calculated by first adding the price of an...
Digital gold refers to the use of digital currencies, such as bitcoin, as a store of value and medium of exchange. Like physical gold, digital gold is perceived as a safe haven asset due to its decentralization, scarcity, and ability to maintain...
A ladder strategy is a trading strategy that involves buying or selling a particular asset at various prices in order to profit from price movements. This strategy is often used in the options market, where investors will buy call or put options at...
False breakouts occur when the price briefly moves beyond a key level (such as support, resistance, a trendline, or a chart pattern) but quickly reverses, trapping traders. Multiple Time Frame Analysis (MTFA) helps filter these false signals by...
In forex trading, tops and bottoms refer to key price levels where a currency pair's trend reverses. A top is the highest price point before a downtrend begins, signalling that buyers are losing momentum and sellers are taking control. Conversely, a...
Stock classes refer to the different types of ownership in a company, each with its own distinct rights and privileges. The most common stock classes are Class A and Class B, with Class A typically having more voting rights and Class B having limited...
Spread and slippage are two critical factors that can significantly impact a trader’s ability to achieve consistent profits in the Foreign Exchange Market.