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...
Tag - Top forex tips for beginners
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 Use Forex Leverage: Ultimate Guide
The Forex market is by far the most active and most liquid financial market on Earth. To be successful in the Forex market, it’s crucial to place the right trade at the right time. Successful traders know that...
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...
Forex Volume Trading Strategy: Ultimate Guide
To thrive in the fast-changing and ever-evolving forex market, it’s crucial to have a strategy that keeps you ahead of the competition. The volume trading strategy is one such approach that can be used to gain an...
Long Position and Short Position: A Beginner’s Guide
Long Position and Short Position are the two key players in trading, working together like a dynamic duo. Both of these concepts are crucial for traders to make profits and manage risks in financial markets, as they...
Forex Price Action Trading Strategy: Ultimate Guide
The price action trading strategy is one of the most commonly used methods in almost every financial market today. Whether you are trading in the short-term or the long-term, analyzing price action can often be...
Recession Trading: 5 Reasons Why You Shouldn’t Be Afraid of Recessions
As the world’s economy continues to ebb and flow, it’s no surprise that many traders feel hesitant to invest in the face of a possible recession. After all, the prospect of financial turmoil can be daunting...
Trading vs Gambling: How can you be a Trader and not a Gambler?
Trading in the financial markets can both be captivating and a stimulating experience, which can potentially lead to gambling behaviors. While both ‘Trading vs Gambling’ entails taking risks to make a...
Forex Risk Reward Ratio: How much to risk when trading Forex?
It should be apparent at this point that losses are an inescapable aspect of forex trading. Regardless of your experience level or profitability, there will inevitably be times when the market’s erratic...
How to Start Forex Trading: A Step-by-Step Guide
Forex trading is a popular form of investment in the global financial markets, and one that can yield significant profits if done correctly. In this guide, we will provide you with a step-by-step guide on how to start...
5 Major Economic Events That Happened for the First Time in 2022
Historically, 2022 was a year marked by a turning point in global politics and finance, indicating the end of one era and the beginning of another. As the key events of 2022 unfold, from the Russian invasion of Ukraine...
How To Optimize Your Trading Portfolio For 2023
As we draw closer to the year-end of 2022, there are likely many tasks you want to complete before the new year. However, reviewing your ‘trading portfolio’ must be one of your top priorities which must not...
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...
Forex Trading: How to Adapt to Changing Market Conditions
How many of you think that the ultimate secret of success in forex lies in finding the right trading strategy? What if we tell you that merely having a trading strategy isn’t enough, as you need to modify your...
Complete Guide: Forex for Beginners – How to Start Trading?
Forex trading is a prominent investment destination as it fits all traders with different experience levels. However, trading in the forex market is still controversial to many due to the promising yet risky nature of...
5 Reasons Why ‘Cash Is King’ During a Recession
Increasing chatter about a possible global recession in 2023 might force traders to reconsider their trading strategies accordingly. While the financial markets react differently during economic downturns, in rough...
5 Practical Ways A Trader Can Survive A Recession
The Great Recession, which lasted from December 2007 to June 2009, was the longest economic downturn since World War II. Now, a decade later, there is talk and worry that another one is coming, likely in 2023. While...
How Does the FIFA World Cup Impact Forex Trading?
Supply and demand are undeniably one of the primary elements that drive forex market volatility. The value of a currency increases so quickly on the market when a high demand is made for it. The same principle will be...
Forex Trading: Position Size Matters More Than You Know
Determining the volume of currency units to accumulate in a trade often appears to be confusing for novice forex traders. They tend to pick a random position size based on their level of confidence in a trade. Yet...
Which Major Forex Currencies Performed Well In 2022?
It is no secret that global financial-market volatility has skyrocketed in 2022. Market participants are wondering how things will end with increasing inflation, stock prices plummeting, geopolitical tensions in Eastern...
Trading Routine: Why Trading Isn’t a 9-to-5 Job
Trading won’t always be rewarding, at least not in the way we usually think of monetary gains. Working a typical 9-to-5 job, say, means putting in 40 hours and earning a paycheck. The 40-hour workweek ensures...
What are the top Forex Strategies in 2023?
Identifying top forex strategies is considered to be one of the most significant aspects of forex trading. A forex strategy is a trading technique that forex traders use to determine whether to buy or sell currency...
Top 10 Tips: How to Choose The Best Forex Broker?
Investment decisions require knowledge and analytical thinking. In order to choose the best forex broker is not an easy decision and it requires time and patience. Searching for a broker with a high level of investment...
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...
Online Forex Trading in India: The Complete Guide
Almost everyone in India is familiar with the concept of stocks and equity trading. Nevertheless, there is also another high-potential market that is not widely known in the Indian subcontinent but has a great deal of...
Forex Misconceptions: 10 Most Common Forex Trading Myths
For years, humanity has been baffled by the belief that the ‘Earth is a flat square’. But, as soon as Columbus proved this misconception wrong, trade took off, and the world began to flourish. Likewise, many...
Detailed Guide: Top Forex Trading Tips for Beginners
Before investing in the forex market it is important to collect the most important forex trading tips. Forex trading is among the most popular investments and it is defined as the process of exchanging one currency for...
Top 5 Investments for Beginners in 2023
Investments for beginners is a hot topic for another year. The most common misconception regarding investing is that it is something that only the wealthy can do. This might have been true in previous times. However...
Key Economic Data That Influence Exchange Rates
The economic data that influence exchange rates are the same ones that determine the overall economic well-being of a country. Evaluating a country’s exchange rate provides valuable evidence of how well it is...
CFD Trading: What are CFDs and How to Trade them?
CFD stands for contract for difference, a popular financial instrument. A contract for difference is a contract between an investor and investment intermediate to exchange the price differences of an asset. CFD trading...
How to Use Stop Loss and Take Profit in Forex Trading
Stop loss and take profit are two essential trading orders used to control profits and losses in a forex trade. Both orders are designed to decide how much you are willing to risk or make from each trade. This may seem...
How to Plan a Long Term Forex Trading Strategy
Using a long term forex trading strategy has proved to be a very successful and lucrative trading approach that is widely adopted by professional traders. This strategy focuses on holding trading positions for long-term...
Trading Glossary: Quote Currency and Base Currency Explained
The quote currency is basically the second currency listed in a currency pair and is used to define the value of the base currency. A currency pair measures the value of one currency against another. Currencies...
Bullish and Bearish Markets: What’s the Difference?
In trading language, bullish and bearish terms describe market trends that drive prices in financial markets. Generally speaking, markets can move in three directions: up, down, or sideways. And you’ve probably...
How to develop an Entry and Exit Strategy in Forex Trading
A successful Forex trading strategy begins with developing a well-thought-out entry and exit strategy. Despite knowing when the value of a currency pair will rise or fall, it is unlikely to be profitable until you know...
What Are the 7 Major Currency Pairs in Forex Trading?
Most of the top currency pair traded is always comes from a country or continent which holds a strong economic status such as the European continent, United States, Japan, United Kingdom, Switzerland, Australia, New...
Forex Strategies: Learn How To Use Pullback Strategy
The mastery of the pullback strategy can prove invaluable as a Forex trader. Pullbacks occur on a regular basis in trading markets, and if you learn how to trade them, you can expand your repertoire and find more high...
