The liquidity of a market has a profound impact on the spread of a currency pair. In the world of forex trading, the spread refers to the difference between the bid (the price at which you can sell a currency) and the ask (the price at which you can...
Dealing with stress and setbacks in trading is essential for maintaining a successful and sustainable trading career. When faced with the inevitable challenges and setbacks that come with the territory, I will employ a multi-faceted approach to cope...
Many people are looking for information on how Forex traders pay their taxes. It is vital to note that taxation is one of the most crucial factors to take into account when it comes to Forex trading, just like it is with any other form of business or...
A floating exchange rate, also known as a flexible exchange rate, is determined by the foreign exchange market's supply and demand dynamics, and it is not pegged to a fixed value or controlled by government intervention. Several factors influence the...
The Symmetrical Triangle (also known as the Symmetrical Wedge) is a volatility contraction pattern.
Japanese candles, also known as candlestick charts, are a popular charting tool used in the technical analysis of financial markets. While they are widely used and have their advantages, it is not accurate to say they are the most reliable and...
For beginner traders, deciding between short-term and long-term trading can be challenging. While short-term trading (like scalping or day trading) may seem exciting due to quick profits, it often requires advanced skills, emotional control, and...
When comparing stability between Forex (foreign exchange) and stocks, Forex is generally considered less volatile than individual stocks but more volatile than the stock market as a whole. Here’s why:
Negative slippage in forex refers to a situation where an order is executed at a price less favorable than the one originally requested by the trader. It occurs when market conditions change rapidly, leading to a discrepancy between the requested...
High-leverage trading involves using borrowed capital to increase the size of a trade, allowing traders to control larger positions with a smaller amount of their own money. For example, with 100:1 leverage, a trader can control $100,000 in assets...