Keeping every piece of information in a record is critical to someone's life. Either you work in the trade market or you do something else in life. If we evaluate our lives from time to time and keep all of our records in diaries, we will be able to...
The idea that forex trading is only for professionals is not entirely true, but it is also not completely false. Forex is the largest financial market in the world, accessible to anyone with an internet connection and a small trading account. Brokers...
Tom-next is an abbreviation for 'tomorrow-next day,' which is a short-term forex transaction that allows traders to buy and sell a currency on two separate business days: tomorrow and the next.
Forex trading needs lots of important measures before joining the market
A shooting star candlestick pattern is a bearish reversal pattern commonly used in technical analysis. It appears at the end of an uptrend and signals a potential trend reversal. The pattern is characterized by a small real body at the lower end of...
For a new forex trader, finding the best currency pair to trade can feel overwhelming. With dozens of options available, it is important to start simple and build gradually. The first step is to focus on major pairs such as EUR/USD, GBP/USD, or...
The best way to calculate the aggregate risk from a single client is to examine all of the individual agreements made between the two parties and calculate them separately. In such a case, the concept of diminishing returns must be considered,...
A Bear Flag pattern is a technical analysis pattern that signals a continuation of a downtrend. It typically forms after a sharp decline in price, which creates the "flagpole." Following this drop, the price action consolidates in a relatively narrow...
A real trading account and a demo account serve different purposes in forex and stock trading. A demo account is designed for practice. It allows traders to use virtual funds provided by the broker to test strategies, learn how platforms work, and...