A good trader always chooses the small lot size because this is the biggest mistake when we start to trade with a big lot and that's why we become unable to manage our trades just because of the big lot.
Exotic currency pairs in forex are combinations of one major currency, such as the US dollar, euro, or British pound, with the currency of a smaller or emerging economy. Examples include USD/TRY (US dollar/Turkish lira), EUR/SEK (euro/Swedish krona),...
Monopoly must first be defined in order to investigate its causes. Monos means "sole." Poleo means "to sell." It roughly translates as "sole seller." A monopoly is defined as any individual or firm that is the sole seller in a market. Monopolies are...
Manual trading can hold an edge because it allows traders to combine market knowledge, intuition, and adaptability in ways that automated systems cannot always match. While algorithms rely strictly on coded rules, a manual trader can quickly adjust...
Major pairs are the most widely traded in the world and always include the U.S. dollar (USD) along with another strong currency such as the euro (EUR), British pound (GBP), Japanese yen (JPY), Swiss franc (CHF), Australian dollar (AUD), Canadian...
Relative Strength Index (RSI) trading strategies use the RSI indicator to identify potential entry and exit points in financial markets. RSI is a momentum oscillator that measures the speed and magnitude of price movements on a scale from 0 to 100....
The number of active contracts is called open interest, or OI. Most option quotation screens display this field along with the bid price, ask price, volume, and implied volatility. Most options traders ignore active contracts, which can have...
The foreign exchange, or forex, market is the largest financial market in the world, with trillions of dollars traded daily. There are several benefits to participating in the forex market, both for individual investors and large institutions.
Despite a large amount of capital in the FOREX market, it is important to remember that it is not impossible to lose money during speculative operations. Where there is a potential for earning, there is always a risk of losing part or all of the...
A stop-loss order is a trading tool that is used by traders to limit their potential losses in a trade. It is an automatic order that is placed with a broker to sell or buy security once it reaches a certain price point. When a stop loss order is...