I like to trade manually when I trade with a very low balance but when I need to invest big money I prefer to use some good EA's because EA's can block my emotions and I can sit freely and without emotions.
Fundamental analysis entails the process of reading, analyzing and utilizing data, news, and statements to create predicyions about future supply and demand. Technical analysis: this methodology analyzes price charts using candlesticks and...
Moving average is an indicator that gives the average value line in the market. If a trader correctly uses it in forex trading then he is able to make a good profit in forex trading and ultimately succeed in forex trading. I use EMA 50 in trading in...
Forex backtesting is a process that traders use to analyze how well different strategies would have performed in the past. It involves making predictions about the future performance of a currency pair and then comparing this prediction to its actual...
Consistent trading profits require discipline, patience, and a well-defined strategy. Here are some tips to help you achieve consistent profits in trading:
Gold CFDs (contracts for difference) are leveraged securities that require a small margin requirement. When buying gold at the spot price, a person does not hold the underlying asset (as is the case with spread betting), but agrees to trade the value...
Forex is commonly traded in specific amounts called lots, or basically the number of currency units you will buy or sell. A "lot" is a unit measuring a transaction amount. When you place orders on your trading platform, orders are placed in sizes...
Although trading major currency pairs is a great way to make money, you must know the pros and cons of each before making the switch. It is important to know the differences between the major currency pairs. Understanding the differences will help...
Microeconomics is a branch of economics that focuses on the study of individual economic agents and their interactions in specific markets. Unlike macroeconomics, which examines the broader economy as a whole, microeconomics delves into the behaviors...