Any forex trader who achieves success must be able to self-control and must not give in to destructive emotions such as fear, greed, doubt, lack of self-confidence, and indecisiveness. These were devastating mistakes. They must be avoided. Forex...
Universal currency converter is a system or program which allows the user to perform quick conversion of currencies at current exchange rates. A universal currency converter will take the value of one type of currency and determine the value when...
Demo trading is the best way to learn how to trade forex. Demo performance, however, is often better than live performance. Demo traders lack feelings in trading, but in a live account, they start to feel all kinds of emotions which hinders their...
In a chart, a price gap is an area where there is no trading or price movement. Gaps are extremely common in Forex, but they happen rarely. Usually, gaps happen on weekends. Every trader should be aware of gaps.
Investing and trading are games of numbers, and more importantly, how the numbers can be used judiciously while properly applying the knowledge. Some say that small capital is the best to start trading with, while others say that small capital leaves...
I would like to offer some advice, especially for those who are new to the market. Every time there is a pump in the market, you may be tempted to invest in ALTs. However, after investing, the market falls. When the market goes down, you think that...
Copy Trading enables individuals in the financial markets to automatically copy positions opened and managed by another selected individuals.
Forex being a highly volatile market involves large risk of losing money, you should take certain precautions while trading in order to guard your capital.
To use indicators in forex, we first need to understand their function and the information they provide. When we don't understand how the indicators work, we can't use them as guidance in trading. If traders plan to use specific indicators, it's...
Forex trading does not require a lot of capital. In fact, it is one of the least capital intensive professions where presence of mind, strategy, dedication, and discipline of mind are essential skills. In a short period of time, smart traders can...