To achieve success in trading, you must establish a goal and have an action plan. How often would you like to trade and what strategy would you use? Do you plan to invest in stocks that offer high returns and low risk? Are you willing to take a great...
The primary drivers of a bull market are usually a combination of economic, political, and financial factors. One of the most important drivers of a bull market is a strong economy with growing corporate profits, low unemployment rates, and low...
Forex trading, also known as foreign exchange trading, involves buying and selling currencies in the global marketplace. It has become increasingly popular among investors and traders for several reasons.
Commercial banks, investment funds, hedge funds, non-bank market makers, and retail traders all use algo trading in financial markets. According to a Coalition Greenwich study, 40% of institutional FX traders used algo trading in 2020 and expect it...
A good forex broker plays a crucial role in the success of a trader in the foreign exchange market. Here are some essential qualities that a good forex broker should possess:
Quantitative easing works by purchasing large quantities of assets. For example, in response to the coronavirus pandemic, the Fed has begun purchasing longer-maturity Treasuries and commercial bonds. Here's how the simple act of purchasing assets on...
Self-confidence means being able to achieve. This self-confidence brings our successes in the way of life. Without self-confidence, you will not be able to achieve the minimum success in any work in the world. Forex is a market where you can not...
In financial markets, the bid price and the ask price are two essential components that determine the price at which a security, such as a stock or a commodity, can be bought or sold. The bid price represents the maximum price a buyer is willing to...
In an institutional setting, paper trading is more common. Demo Trading is what we call it in the CFD industry. The term "paper trading" derives from the stock market, where investors who wanted to practice would write down their investment ideas on...
Luck and skills both play a significant role in forex trading, but they have different implications and outcomes. Forex trading involves the speculative nature of financial markets, where luck can occasionally favor traders, resulting in profitable...