The trading guide for beginners emphasizes that analysis is absolutely essential in trading. Graphics are useful for short and long term operations. You should consult the daily charts also called...
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The trading guide for beginners emphasizes that analysis is absolutely essential in trading. Graphics are useful for short and long term operations. You should consult the daily charts also called...
As implied in the title, a Cent Account takes care of (yes you guessed it) cents. Deposit 5 dollars and your account will display an amount of 500 cents, deposit 10 dollars and they will appear as...
If you want to know how much to invest in gold trading, you must first ask yourself other questions: what is your trading strategy: long term or short term? What are your money management rules? Is...
If you are in financial difficulty or are not at the top of the list professionally, you should not rely on forex trading to get you out of trouble. If you absolutely need money, forex trading could...
The right mindset is the most important requirement (and the very first) to become a trader. Start by doing a self-assessment on the above points. Unless you are willing to spend time, learn on your...
Social trading is a new way for retail traders and investors to access the financial markets. It is based on the idea that the collective wisdom of thousands of traders is better than the wisdom of a...
Each stockbroker offers a demo account, whether a beginner or not, the Beginner's Guide recommends testing each new strategy with a demo account. Continue until the results are conclusive and you...
A trend line is a basic indicator of a daily technical analysis. Its main purpose is to determine (and highlight) the current price direction. To put this indicator on the chart, set at least two of...
If you make a bad trade (that is, an unruly business, which is not part of your trading plan), but earn money, you should always see this as a failure; you can not congratulate yourself. In...
Properly applied, Fibonacci retracements and extensions can provide me with important support lines and the strength of any market being analyzed. Fibonacci retracements and extensions are put on a...
Either way, effective trading training will not allow you to get rich quickly, but will provide you with the fundamentals that will allow you to analyze the financial markets yourself and identify...
The causes of losses on the Forex are mainly due to psychological causes and a non-compliance with the rules of money management (risk management). It is therefore quite possible to win on the Forex...
If I continue to think of forex trading as a hobby or a quick way of wealth, I will never go forward. Forex trading can benefit me, but my results will always be accompanied by a risk; and with it,...
It is worth noting that dollar-denominated currency pairs are popular: traders agree that it is easier to speculate on this as the US dollar is rock-solid and is considered like a standard...
For me, if I open a daily position; I must be content to take the least profit possible the same day and not let my trade drag for days at the risk of seeing the trend turn against me.:1f62f:
For me, I participated in several competitions; but, unfortunately, some conditions posed by the brockers were very difficult, or impossible, for me, to achieve in a very short period of time. In...
However, we must keep in mind that we pay twice the spread when hedging since we open two positions in this case. Another fact to consider, the hedging will reduce our losses but also our profit in...
If I make a lot of money in forex, I will start by taking a long vacation to rest. Then I will go on a cruise to the most beautiful countries. And when I come back from my travels; and with the money...
In some brokers, the spread is fixed and never varies. On the contrary, in others, this spread is variable, at certain times of the day, the spread will be very low (1 pip for example) while at other...
To understand forex price action, it is important to understand that there is no easy way to make money in this world. Remember that all the shortcuts you think you have found in the markets are only...
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