How do you track and measure your trading performance? What is the best tool to track trade performance? And, how do you evaluate how good or successful you are as a trader? Trading performance, tracking and monitoring...
Tag - forex
Hawkish and Dovish: Stances of Central Banks that Affect your Trading
Hawkish and dovish are common terms used specifically in financial markets to describe the central bank monetary policy stance. Policymakers are often portrayed as either hawkish or dovish as well according to their...
Weekly Market Outlook: Fed leads the Central Banks Marathon This Week
Traders will be closely watching several meetings of central banks including the Federal Reserve, Bank of England, Bank of Japan and Swiss National Bank policy meetings. In the US, it is widely expected to announce the...
Weekly Market Recap: The Pandemic Situation boosts Monetary Divergence
As market volatility continues, investors are looking for the currencies where central banks are raising interest rates. Paths of monetary policy are still highly dependent on how successful the economies fight against...
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...
Trading Mindset: 4 Steps to Develop a Successful Trading Mindset
A trading mindset is the core factor behind successful trading and it is something that every trader should work on and develop constantly. Establishing a positive trading mindset will help you to easily maintain your...
What is the Spread? How to calculate Spreads in Forex Trading
The spread is a major concept in forex trading and it is basically the transaction cost for a trade. The trading fee that a trader pays affects the total cost of trading, that’s why it should be a key consideration when...
What’s the US Dollar Index and how can you trade it?
The US Dollar Index (DXY) measures the value of the dollar against a basket of six major currencies, based on the exchange rates of these currencies. The index was created as an indicator of the weakness or strength of...
Benefits of using a Demo Account for Forex Trading
The forex demo account is ideal for exploring, testing, and learning more about trading in a risk-free environment. Because forex trading provides unlimited possibilities for profiting while involving risks, a demo...
The Most Volatile Currency Pairs in 2021 and How to Trade Them
Forex Traders are usually searching for opportunities with the most volatile currency pairs. Detecting the volatile currency pairs and learning how to trade their volatility can be very profitable. With such a dynamic...
Forex Risk Management: 10 Steps to Manage Trading Risks Effectively
Forex risk management plan is a set of rules that help mitigate the impact of any risks that could threaten a trade. Risks are the potential threats that may cause losing money in forex trading. Managing risk is a key...
Why Traders Choose AximTrade: The Leading Best Broker
AximTrade: The Leading Best Broker AximTrade is a globally competitive broker that guarantees premium services to develop client and partner profitability. A fast-growing retail brokerage striving to provide an...
Top 10 Habits of Successful Forex Traders
The habits of successful forex traders are what make them successful. The daily attitude and trading decisions are actually what drive the success of an investment. It’s not all about what you know, it’s about how you...
How To Download and Install AximTrade MetaTrader 4 (MT4)
MetaTrader 4, or MT4, is the most popular forex trading platform due its very user-friendly interface, which enables new and experienced traders to trade with ease and comfort. Traders of all levels find this Forex...
What is Forex Leverage and How it Can Maximize Your Trade?
Forex leverage is a popular trading tool that enables investors to use borrowed funds in order to multiply their investment capacity and increase the rate of potential return. Investing with borrowed funds not only...
Why Forex Traders Care About Interest Rates?
Interest rates are major market movers when it comes to forex trading. It is often the biggest factor determining the perceived value and direction of that currency. It controls the flow of global capital into and out...
