Nough1971

Feb 26, 2024 12:59

What are the risks of using algorithmic trading in forex?

While algorithmic trading has many advantages, it also has some drawbacks. Algos operate at high speeds, which means that a bug could result in significant trading losses in a short period of time.

TobyMackie

Feb 26, 2024 08:41

What are the prop firms in forex?

Prop firms have become very popular among traders in recent years. Funding packages are offered by these firms for those who don't have a great deal of money to invest in forex. However, most forex traders dream of becoming rich overnight. Small fund...

Gatem1971

Feb 26, 2024 06:32

The role of price action trading in forex strategies

The extent to which fundamentals are considered varies from trader to trader. Similarly, price action is an essential component of any successful Forex trading strategy. This practise is frequently referred to as "technical analysis." Trend following...

Bulter

Feb 23, 2024 12:43

How do you trade spreads?

Traders who engage in spread trades buy one security and sell another with identical features as a unit at the same time. Relative value trading is more common in options, futures contracts, and currencies, with each transaction referred to as a leg....

Evely1954

Feb 23, 2024 06:09

How select best pairs for trading

To choose a pair, first of all, you need to get a basic idea about all the major, cross, minor pairs. So, how many pips each pair moves on average, how many pips per pair spread, whether the pair's movement is conventional or spike, and how it moves...

Nough1971

Feb 23, 2024 04:25

The purpose of capital management

To be financially effective, working capital management requires clear guidelines and objectives. Increasing profitability and ensuring adequate liquidity are the two main goals of working capital management. It is only advisable to invest in current...

Hart

Feb 23, 2024 02:50

What are the important point to achieve TP in forex?

Achieving success in forex trading requires a comprehensive understanding of various factors, and focusing on key aspects is crucial for consistent profitability. Here are important points to achieve trading success in the forex market:

MichaelBarton

Feb 22, 2024 10:45

What is a currency pair?

First of all let us outline what currency is. The word currency comes from the Latin word 'currens' which means 'in circulation'. Hence the term currency reflects that money is used as a medium of circulation. The UN recognises a total of 180...

Andomar

Feb 22, 2024 08:43

What are some characteristics of a liquid market?

A liquid market is a financial market where investors can buy or sell assets with ease and without significantly affecting the asset's price. One of the essential characteristics of a liquid market is the presence of a large number of buyers and...

Tund53

Feb 22, 2024 06:22

Two timeless rules in forex investing

RULE #1) Get rid of your losers and let your winners ride.