Everyone who trades in forex has their own strategy or some policies or strategies they have invented. A lot of traders switch to another strategy when they lose money. It is, in my opinion, better to change some strategies from time to time to see...
I think there's nothing wrong with missing a few trading days as long as you understand that you won't be able to do a good job, because you won't be able to react quickly and make quick, right decisions. That's not a good decision. On the other...
Every time you face a situation where the market is against you, you must postpone trading until better times. It is all about your psychological stability. Lose balance and lose everything.
A failing trade all occurs when you make a wrong analysis of the market. Yes, it leads you to time the market wrongly and what the result would be is for you to lose. You want to buy at a low price but subsequently, buy at a high price which you will...
Actual price - the actual price at a specific time, because goods and assets are constantly changing in value, it is necessary to display their current prices. In any region, similar prices can be:
Online trading is trading in the financial market via the internet. Previously, all trading was held in the exchange building in person or by phone. Now, every deal is concluded with the help of an electronic terminal. All traders need to start...
This web trading is great for any device that is connected to the web and it makes it easy for you to view the market at any time or any place. I like to trade using the web platform because there are many currency pairs and also stocks, so it is a...
A candlestick pattern seen frequently at the end of a downturn when buyers are pushing up the price of an asset is an inverted hammer candlestick pattern. Named after its appearance in real life as an inverted hammer. Its bottom shadow is extremely...
Foreign exchange, or forex, is defined as a network of buyers and sellers who trade (buy and sell) currency based on market price. Currency exchange is the act of converting one currency into another at a given exchange rate.
Interest rates are of utmost importance when deciding on the types of investments to make. While a diversified portfolio is always recommended, it is important to consider the applicable interest rates at the time. These are all in the hands of the...