Some common mistakes that forex traders make during a recession include overreacting to short-term fluctuations in the market, failing to diversify their portfolio, and underestimating the impact of broader economic trends on the forex market. To...
The term "H4 strategy" typically refers to a trading strategy in the foreign exchange (forex) market, specifically focusing on the H4 timeframe, which represents a 4-hour chart. Crafting the best H4 strategy involves a combination of technical...
It is one of the best fields in the world where you can get a lot of advantages that make it different from each other, which leads to obtaining this huge field, which can be accomplished by achieving more dreams and ambitions such as wealth,...
A trading plan is a set of well-thought-out and well-researched instructions prepared by a trader or investor to help him or her understand what needs to be done to succeed in the market. Every time there is a loss or a difficult period, plans should...
By trading in the best trading methods, any trader can think that he will get all the favorable trading services from his broker. They often forget that a foreign exchange trader can be expected to enjoy money and reliable trading facilities in a...
Forex trading can be an exciting and potentially lucrative activity, but it also carries significant risks, particularly when it comes to the use of leverage. Leverage allows traders to control a large amount of money with a relatively small deposit,...
Record-keeping is a crucial aspect of forex trading that ensures financial transparency, tax compliance, and facilitates performance analysis. Without accurate records, traders risk mismanaging their funds, facing legal issues, or missing key...
Liquidity Grab refers to a situation where market participants suddenly rush to liquidate their positions in a particular asset, leading to a significant decrease in the asset's liquidity. This can occur for various reasons, such as a sudden shift in...
Revenge trading can have a significant and detrimental impact on both risk management and overall trading performance. When traders engage in revenge trading, they are driven by emotional impulses rather than rational decision-making. This often...
Market Depth Proactive refers to a trading strategy or tool that actively monitors and reacts to changes in the order book (market depth) to optimise trade execution. Market depth displays real-time buy and sell orders at different price levels,...