Cryptocurrencies gained popularity around the world and it is important to have a general understanding of cryptocurrencies. It is worth mentioning that, when it comes to Ripple it is both a platform as well as a currency. Interestingly, the name of Ripple’s payment network is RippleNet, and the name of the cryptocurrency is Ripple XRP. …
Forex trading is quite popular around the world. However, many traders are struggling when it comes to making consistent money out of forex trading. Importantly, it all comes down to understanding how the traders at the banks execute and make trading decisions. Interestingly, bank traders only make up 5% of the total number of forex …
The Crypto industry continues to develop thanks to interesting ideas. It is worth mentioning that, one of the major trends that emerged during the 2017 crypto boom, remains quite popular to this day. The Initial Coin Offering or ICO. Interestingly, ICO operates somewhere between an Initial Public Offering as well as a crowdfunding campaign. For …
Sometimes the simplest things can be (for some) the most difficult to accept and understand. Many people have no idea how to manage even a demo account. This article is for them. When they get into trading, many people start playing with their demo account doing meaningless operations, and even worse, they think they are …
One of the exceptional things about Forex trading is that you have a lot of free information on the internet. Besides that, you also can open a demo account, which means that you don’t have to lose money in the process. These are the main advantages of trading Forex, far above any other asset. Let’s …
As an efficient trader, you make money on bullish and bearish trends. You handle scalping with impressive skill. You do excellent risk management, yet you cannot avoid losing. It is true that despite being who you are, you also lose sometimes. However, it is not true that you cannot do anything about it. You can …
Many traders understand that the most challenging thing about successful forex trading is deciding when to close a position. Known as a forex exit strategy, it is probably the most frustrating and challenging part of trading. When to profit in the Forex market is a very complex topic, and it does not have a correct …
The technical analysis studies the historical behavior of a financial asset to predict future movements, using them for technical indicators and chart patterns. The technical analysis of financial markets is a method to anticipate or forecast the direction that prices will take, based on the asset’s historical behavior. The analysis examines prices, time frames, traded …
What is Technical Analysis of Financial Markets? Read More »
Despite being one of the leading causes of climate change, oil continues to be the most widely in-use fuel in the world and drives the economy of the wealthiest countries. Fossil fuels, and especially oil, are the most common source of energy worldwide. The first oil wells were built in the middle of the 19th …
Managing your money in trading operations consists of implementing specific measures to increase your profits while minimizing possible losses. Successful Forex trading has much more to do with effective money management than a good handful of profitable trades. It is one of the secrets that separate those who trade Forex with long-term success from those …
Money Management fundamentals for beginners in Forex Read More »
How to Start Forex Trading? Anyone can trade forex. Let’s get that out of the way first. However, as with everything else, there is always a catch. Why are so many people attracted to the forex market? Why do some of them fail? What do the successful traders do? Can you become successful too? All …
The exchange rate in the Forex market is the number of units of the secondary currency necessary to buy one unit of the base currency. For example, in the EUR/USD pair, the euro’s exchange rate against the US dollar indicates how many US dollars we need to buy one euro. The exchange rate between currencies …
Factors influencing exchange rates in the Forex market Read More »
Forex is a foreign exchange market that runs 24/7, making it unique and full of opportunities for traders worldwide. This can make you anxious and prompt you to make sudden decisions. These are the sorts of decisions that you might regret later if you are not entirely familiar with how forex works. Forex has four …
Forex Strategy Daily Time Frame: Best Trading Hours Read More »
Trading stocks is famously a very risk-heavy activity to participate in. Whether this is while doing it as a side-hobby or as your main means of making money, it can really be quite risky. This is especially true if one is investing a significantly large sum. However advanced you are in your knowledge of stock …
How are exactly Forex Demo accounts functioning? People who are usually curious are forex demo accounts accurate, are the people who want to invest, but are still not sure about it. Let’s help you figure out what it’s all about, what execution differences are, and how you can create one safely. Forex demo accounts are …
Are Forex Demo Accounts Accurate? You’ll Be Surprised! Read More »
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