Forex (foreign exchange) is a financial giant, reigning as the largest market globally! With an estimated market size of around $2.4 quadrillion, it surpasses the combined US stock and bonds market by a staggering 30...
Tag - Best Forex Trading
Getting rich with Forex Trading is ‘Surprisingly Simple’ if you follow these 8 Trading Strategies – Experts Say!
Are you looking to make money through Forex trading? According to experts, getting rich with Forex trading is surprisingly simple if you follow these 8 strategies! How can Forex Trading help you become rich? ...
How To Build Your Own Automated Trading System in Forex?
Automated forex trading has quietly taken over the trading world! Nowadays, the majority of Forex orders are executed through automated trading systems. In fact, in the US, around 70% of daily transactions are made by...
Is It Best To Set A Fixed Profit Target Or Just Let A Winning Trade Run?
Imagine you are a day trader investing in an asset you believe will increase in value. You also have a fixed profit target in the first place. However, as the asset increases in value, you are now wondering that...
5 Best Forex Currency Pairs to Trade Beyond USD Pairs and Their Benefits
Investing in currency pairs that involve US dollars is undoubtedly the absolute best place a beginner can invest their capital in the forex market. However, as you gain sufficient knowledge and expertise, it’s...
What is the Spread? How to calculate Spreads in Forex Trading
What is the Spread? How to calculate Spreads in Forex Trading
Speculative Trading: Why Do Investors Speculate On Forex Currencies?
If you buy a piece of property that actually has gold, your investment could really pay off big time. But if there’s no gold, you also lose big. Speculative trading is no different. The prospect of patient long-term...
Forex Lifestyle: 10 Ways Billionaire Traders Made Fortunes In Forex
Ever wondered how billionaire traders rake in fortunes from the wild world of Forex? Here’s an interesting take on from the brilliant minds to help you navigate and profit in today’s Forex market. With...
Forex Trader Income: How Much Can You Earn from Forex Trading?
Most people seek out trading careers to get fast profits, earn millions of dollars, and live a posh lifestyle as seen in movies like “Wolf of Wall Street”. The reality is, however, contrary to popular...
How Much Money Do You Need To Start Forex Trading ($5, $50, $500)
Do you dream of making significant gains in the Forex market, but your current financial situation seems far from ideal? Fear not! Discover the surprising truth behind starting capital and the steps you can take to...
10 Game-Changing Forex Trading Rules That Will Make You a Superstar
Trading forex is like playing a high-stakes game of Monopoly but with real money and no ‘Get Out of Jail Free cards. Sadly, 70% of traders end up bankrupt, 10% barely scrape by, and only a lucky 15% make it rain...
Forex Signals: Difference Between a Valid Signal and a False Signal?
Forex signals are used by traders in making trading decisions by determining whether to buy or sell a certain currency pair at any given time. However, navigating the ever-changing landscape of Forex signals can be a...
10 Best Trading Adjustments To Get You Back On A Winning Track
The psychological impact of trading losses can ravage your mind like a hurricane. While a part of you regrets the foolish decisions made initially, another part of you yearns to swiftly recover from the losses...
Is Forex Trading As Profitable As Claimed? Has Anyone Really Gotten Rich?
Welcome to the world of forex trading, where the allure of easy profits beckons, fueled by enticing ads and online brokerages vying for your attention. While Forex trading is often claimed to provide substantial profits...
Is it Possible to Double Your Forex Account in 1 Month? What are the Odds?
The pursuit of transforming a modest investment into a substantial sum attracts both seasoned traders and daring novices. Ultimately, the possibility to double your Forex account in a month exists. However, the path to...
How to Build a Successful Trading Career From Scratch in 2023
The financial market is a fascinating domain that has given rise to a variety of job opportunities. However, the longevity and profitability of one’s trading career are dependent on their ability to understand...
Understanding Bid and Ask Prices in Forex Trading
The world of Forex trading is highly intricate and entails a plethora of technical terminologies and complex strategies. Among the fundamental concepts that every trader must comprehend, ‘Bid and Ask’ prices...
Top Forex Day Trading Tips and Strategies
As one of the largest and most liquid financial markets in the world, forex offers tremendous opportunities for savvy traders looking to make profits in a single day. However, succeeding in forex day trading requires a...
How to Capitalize on Currency Volatility and Uncertainty in 2023?
The forex market is typically known for its instability, but in 2022, currency volatility was particularly high, surpassing the usual levels. This increased volatility, which more than doubled throughout the year...
Top Technical Indicators Used in Forex Trading
Forex trading is a complex and volatile endeavor, requiring traders to navigate a constantly changing environment of currency values and economic indicators. As you navigate the perilous landscape of the forex market...
Trend Following: Profiting in Bullish, Bearish, and Volatile Markets
As financial markets are facing heightened uncertainty in 2022, more forex traders are actively implementing trend following strategies in an effort to safeguard their portfolios. If you want to make profits in a...
Gold vs Forex Trading: Which Should you Trade?
Gold has been a classic investment option for centuries and is commonly used as a hedge against inflation and a reliable wealth storage medium. Gold offers a good investment opportunity that is often less focused on...
Inflation Hedging: Trading Forex to Hedge Against Inflation
Inflation has become the leading concern for global citizens in 2022, and it is no surprise that investors, and asset owners, also share this concern. CNBC reports that the consumer price index, a key inflation...
Safe Haven Assets To Invest In During Recessions
Portfolio protection has now become a primary concern for traders and investors in the current cyclical environment, with Covid-19, Inflation, Interest rate hikes, and European conflicts creating uncertainty in the...
Amazing Tips on How to Become a Professional Trader
Achieving a consistent stream of profits in the financial markets, in reality, appears to be far more challenging than it appears at first glance. In fact, research suggests that over 80% of those who wish to become...
How Gen Z Investors Can Profit from Turbulent Economic Times
Today’s volatile economic climate is certainly having a profound effect on every generation of investors and shareholders, with Millennial and Gen Z investors likely to be the most impacted. Many Millennials and...
What is Inflation and how it affects the Value of Currencies?
Inflation is an economic indicator that measures the rate of change in the prices of goods and services in the economy over time. It reflects the decline in the purchasing power of the currency. The inflation rate is...
8 Advantages of Trading Forex over other Financial Instruments
The popularity of trading and transitioning into a financially independent lifestyle is increasing among people of all ages lately. With an increasing number of trading instruments like stocks, futures, crypto, and...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 8th August 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 8th Aug: NZD – Inflation Expectations 9th Aug: USD – Prelim Nonfarm Productivity & Unit Labor Costs 10th Aug: USD – CPI & Core CPI 11th...
When to Move from Demo to Live Forex Trading Account
So, you have learned everything there is to know about Forex from pips, spreads, margins, leverage, brokers, and trading costs, and all that’s left to do is log in, select those charts, and start trading. Right...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 13th June 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 13th June – GBP: Gross Domestic Product, Trade Balance, Industrial and Manufacturing Production 14th June – USD: Producer Price Index & Core 15th June – USD: FOMC...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 28th March 2022
Weekly Analysis on Major Pairs, Gold, Bitcoin 28th Mar – GBP – BOE Gov Bailey Speech 29th Mar – AUD – Retail sales & USD – JOLTS Job Openings 30th Mar – GBP – MPC Member Broadbent Speech & USD – ADP Non-Farm...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 7th March 2022
Weekly Analysis on Major Pairs, Gold, Bitcoin 7th Mar – EUR – Retail Sales 8th Mar – EUR – Gross Domestic Product, USD – Trade Balance 9th Mar – AUD – RBA Gov Lowe Speech, JPY – Gross Domestic Product...
Forex Trading: How to Open Your First Trade
Getting started with trading and transitioning into a financially independent lifestyle has become increasingly popular among people of all ages in recent years. Thanks to the meteoric rise of retail Forex trading...
Forex vs Stocks Trading: Which is Better for Beginners?
Forex vs Stocks? Which is the most reliable way to make money faster and easier? This is the most common question that confronts today’s newer generation of investors and traders, who are selective and peculiar in...
What is the US Fed Dot Plot and How to Interpret It?
The Fed dot plot summarizes the FOMC’s expectations for the future federal funds rate. Investors and traders around the globe closely watch changes in the dot plot to clue in upcoming changes in the Fed’s policy, which...
Weekly Market Outlook: NFP and FOMC Meeting Minutes Kick off the Year
Weekly Market Outlook: The holiday season extends to Monday before major releases hit the market by storm on Tuesday. All eyes turn to NFP figures, FOMC meeting, OPEC+ output decisions, and a fresh round of worldwide...
Forex Trading: 7 Tips to Handle Trading Losses
Trading losses are an inevitable aspect in the world of trading and investment. Almost every trader will encounter a trading loss that will impact his trading attitude and find it hard to bounce back after. Except for...
AI Trading Vs. Copy Trading: Which is Better for Successful Forex Trading?
AI trading and copy trading are two of the most revolutionary and profitable trading techniques nowadays. Artificial intelligence (AI) and advanced technologies have reshaped the world of investment in the past few...
Weekly Market Outlook: Will the NFP Boost the US Dollar?
Weekly Market Outlook All eyes turn to the US data this week, with the NFP in focus as market participants are expecting a continued recovery in the labor market. Fed Chair, Jerome Powell, will testify before the...