The psychological state of a trader plays a crucial role in their ability to make informed and rational decisions in the financial markets. Trading can be a highly stressful and emotionally demanding profession, as traders constantly face...

Candlestick patterns are a powerful tool in price action trading, providing valuable insights into market dynamics and potential future price movements. These patterns are formed by the open, high, low, and close prices of an asset within a specific...

Profit-taking refers to the act of selling an investment to realize the gains or profits that have been achieved. It is a common strategy used by investors and traders to lock in profits after a price increase.

The monthly time frame is significant in forex trading due to several reasons:

Exness is an online brokerage company that provides trading services for various financial instruments, primarily in the forex (foreign exchange) market. Founded in 2008, Exness has grown to become a globally recognized brand in the trading industry....

Accepting losses in forex trading can be challenging but is an essential part of the journey towards becoming a successful trader. Here are some strategies to help accept and manage losses effectively:

Assessing the performance and effectiveness of a scalping strategy is crucial for a beginner trader to gauge their success and make informed decisions. Several key factors can be considered in this evaluation process. First and foremost, analyzing...

A naked call refers to a trading strategy in the options market where an investor sells a call option without owning the underlying asset. In simpler terms, it involves selling a call option on a stock or other asset without having a corresponding...

Whipsaw is a term commonly used in financial markets to describe a situation where the price of an asset or security rapidly moves in one direction and then reverses abruptly in the opposite direction. This volatile and unpredictable price movement...

Scalping is a trading strategy that aims to capitalize on small price movements in the financial markets. One of the key advantages of scalping is its ability to provide traders with the opportunity to capture small but frequent profits.