A journal is your own trade record. In a journal, there are more things. It depicts your entry point and why you take the entry. What's more, where is your exit point and why? Furthermore, why did the trade hit the assumed profit or stop loss?...

Swing trading is directional trading in which the trader attempts to profit from short-term price movements.

Profiting in forex trading is only one part of the process; the most difficult part is learning how to properly deal with financial losses, work to limit them, and exit deals with the fewest possible losses. When your losses are limited, you can stay...

In finance, historical volatility is a statistical measure of price dispersion over time. An investor calculates this by determining the average deviation from an average price. It is usually used to look at daily returns, but some investors also use...

Betters should double their next bet after a loss, according to the Martingale strategy. This strategy works well in theory for investing, but it necessitates deep pockets and careful decision-making.

Forex isn't like gambling. However, some people treat it as such. As a trader, I have taken trading seriously, and a business isn't a bet, it is about speculation. Traders intentionally or unintentionally consider trading to be gambling. As a result,...

Assume the price of Apple stock is $130.50, with an offer price of $130.60 and a bid price of $130.40. You believe the price will fall, so you open a CFD to short - or sell - five contracts at $130.40. After a few days, the share price has dropped to...

Volume Spread Analysis is a critical concept in technical analysis. Dr. Alexander Elder, a leading developer of technical tools and the author of several best-selling financial books, has clarified this concept. The new trading for a living and come...

Profit-taking scaling in forex refers to a strategy where traders incrementally close portions of their profitable positions at different price levels. This approach helps to lock in gains while still allowing the potential for further profit if the...

A Dragonfly Doji is a single candlestick pattern that is a type of doji in which the candle's wick (or shadow) is much longer than the body. During the candle time period, the large wick represents a large trading range, and the small body represents...