Category: Forex
If you are new to the world of Forex trading, you may have heard about Forex trading signals or FX profit signals. Many Forex signal providers give Free Forex signals and paid Forex signals as well. Indeed, following Forex signals providers can not only save you a lot of time and energy, but it can […]
hat are the best Forex trading strategies for beginners? This is a common question among traders who are just starting out and for good reason. The Forex market is hugely liquid, with a vast number of participants. It’s no surprise that more and more beginners are interested in exploring its amazing complexities. But no matter […]
A valid reason why you should get used to being wrong is that you will be. Even the most consistently profitable traders have found themselves on the wrong side of trades. In fact, some traders can have low win rates and still be profitable in the long run. This doesn’t mean that they were bad […]
Supply and demand are the very determinants of price – any price. This applies to everything from your local farmers market, to a rare, one of a kind jewel, to the foreign exchange market. Traders that understand the dynamics of demand and supply are better equipped to understand current and future price movements in the […]
What is a Forex Trading Plan? A Forex trading plan is an algorithm of actions that must be followed during the trading day. It is difficult to imagine a company without a business plan written on paper. So in trading without a trading plan, all your actions are doomed to failure. The lack of 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 […]
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 […]
