Improving trading skills as a beginner requires education, practice, and discipline. Start by learning the basics of financial markets, trading instruments, and strategies. Understand the difference between trading styles (day trading, swing trading,...
Gap hedging is a trading strategy that involves hedging against price gaps that can occur in the market. Price gaps occur when there is a significant difference between the opening price of an asset and the closing price from the previous trading...
An entry point in forex refers to the specific price level or moment when a trader decides to enter a trade by buying or selling a currency pair. It’s a crucial component of trading because it directly impacts a trade's potential risk and...
It is an online forex and CFD broker specializing in Forex, Indices, Commodities, Stock CFDs, ETF CFDs, and even cryptocurrency trading. X-Trade was founded in 2002. XTB's two trading platforms are MetaTrader4 (MT4) and xStation 5. Along with expert...
Trying to pick tops or bottoms as a new trader can be a tempting but dangerous game. It involves attempting to predict the exact moment when a trend will reverse and can often lead to significant losses.
Comparatively to any other financial market, the FX market has the largest notional value of daily transactions. Since this provides the most liquidity, even large orders for currency trades can be filled quickly and with minimal price fluctuations....
Regularly investing has many benefits. Three of these benefits stand out:
The triple-top pattern is a bearish reversal chart pattern that typically signals the end of an uptrend and the potential for a downtrend. It forms when the price of an asset reaches a similar high three times, failing to break through a significant...
The Doji Star candlestick pattern is a key formation in forex trading, often indicating a potential reversal in market trends. It is a two-candlestick pattern that typically occurs at the end of a strong price movement, signalling indecision in the...
Feeling hopeless in trading can be a discouraging and overwhelming experience. When you invest your money in the stock market or any other financial instrument, you may experience a range of emotions, including excitement, fear, and anxiety. However,...