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What Is A Spread In Forex Trading?Every market has a spread and so does Forex. A spread is simply defined as the price difference between where a trader may purchase or sell an underlying asset. Traders that are familiar with equities will synonymously call this the Bid: Ask spread. Below we can see an example […]
Let’s face it – we all deal with distractions, in one form or another. It doesn’t matter so much exactly what the distraction is, but rather, what’s more, important is the detrimental effect that it can have on our work. What we have to realize is that trading is just like real work – you […]
What is Drawdown A drawdown is a peak-to-trough decline during a specific period for an investment, trading account, or fund. A drawdown is usually the percentage between the peak and the subsequent trough. If a trading account has $10,000 in it, and the funds drop to $9,000 before moving back above $10,000, it witnesses a […]
Trading live markets are inherently unpredictable, but what sets consistent traders apart from the pack? Below are 7 rules to consider on your trading journey. 1. Cut Losses ShortOne universal tenet of trading is “Cut your losses short and let your winners run.” As simple and intuitive as it sounds, many traders will find themselves […]
Have you ever wanted to venture into the foreign exchange market, but were just too intimidated by the whole process? If you really want to learn about Forex, there is a lot of helpful information and advice for beginners. Here are some ideas and suggestions to help you get started. Do not try to be […]
Many traders are simply putting in the hours, thinking that if they spend enough time around the markets, analyzing charts, reading books and studying courses, their skill level will improve. “Putting in hours” is necessary when you are starting out, as there is a lot to learn. Learning by doing doesn’t really exist in trading […]
Trading might be among one of the most stressful occupations in today’s globe, however likewise among one of the most fulfilling. High-pressure stress and anxiety are part of foreign exchange trading as well as everybody who intends to trade foreign exchange in a serious ability require to be able to deal with the anxiety load […]
