According to the latest news, the British pound reached its highest level versus the U.S. dollar since April 2018. The sterling was trading below eight-month highs versus the euro on February 9. Analysts say that the United Kingdom’s lead in coronavirus vaccinations was a positive for the currency. The British currency reached $1.3788 versus the …
The pound hit its highest level versus the dollar since 2018 Read More »
Everyone new to trading asks themselves and often others around them to do day trading for a living. People seem to want some shortcuts, but as soon as you get into trading and start talking to your broker, you will realize that trading for a living is possible. However, you still need a lot of …
How to Day Trade for a Living? A Hefty Beginner’s Guide Read More »
The U.S. dollar increased to near a seven-week high on February 2. The American currency largely benefited from a euro selloff overnight after COVID-19 lockdowns choked consumer spending in Europe’s biggest economy. On Monday, the euro declined the most in two and a half weeks. This comes after data revealed German retail sales dropped by …
If you are lured by the world of finances and interested in starting your career in the financial sector, the question like what is a trader, what does a trader do, how to be a trader might have crossed your mind. Today, we are here to answer your questions. What is a Trader? The word …
What Does a Trader Do? – Forex Trading Lifestyle Read More »
On December 29, the U.S. dollar reached more than two and a half year low and risk-sensitive currencies, The Australian and Canadian dollars boosted as optimism that U.S. lawmakers would expand stimulus payments to individuals increased risk sentiment. Remarkably, the House of Representatives voted on December 28 to more than triple stimulus payments to Americans, …
The dollar fell amid expectations of stimulus payments Read More »
Some people grew up wanting to work in finance. They aimed to get involved in trading and earn this way, while some are just finding out about it, and they want to know more to be ready to invest. The life of a trader doesn’t mean putting your money in your trading account and forgetting …
Life of a Trader: Through Hardships to the Stars! Read More »
This week, more precisely on Tuesday, Texas State Securities Board (TSSB) issued a cease and desist order against ‘TradeGo Forex Exchange’ as well as three individuals involved in a phony FX trading scheme. It is worth noting that, by order of the Texas Securities Commissioner, shut down TradeGo operations on charges of defrauding people by …
Texas State Securities Board vs TradeGo Forex Exchange Read More »
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 …
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 …
When choosing which market to invest in, traders look for optimal trading conditions and the best chance of making a profit. Millions of traders around worldwide choose the forex market because they believe it meets these criteria. If you are wondering why you should trade Forex, here are the top benefits that will drag you into …
Forex trading has been recognized as one of the fastest ways to accumulate financial wealth in a short time. The profit generation potential offered by the foreign exchange market is practically unlimited. Forex traders can earn thousands of dollars every day, whenever they can accurately predict the future course of the exchange rate, or simply …
There were probably many times, especially this year, that you wanted to feel more financially stable and independent. If you are, congratulations! You can learn more tips about how to keep that stability with Forex, and if you are not, here is a useful and legitimate source for earning money for your “rainy days” or …
The forex market is an integral part of the modern world. Sometimes when people hear about news connected to the forex market, they may find it hard to understand the news. Nevertheless, it is not as complicated as a lot of people think it is, and let’s have a look at forex markets. A lot …
A lot of forex trading strategies exist out there. But since there are literally limitless possibilities with these strategies, it may just boil down to what kind of trader you are. That means you must have the right trading habits to make you a successful trader. To be a cut above the rest, do the …
Check out these 8 biggest advantages you can reap by being a day trader.
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