Forex isn't like gambling. However, some people treat it as such. As a trader, I have taken trading seriously, and a business isn't a bet, it is about speculation. Traders intentionally or unintentionally consider trading to be gambling. As a result,...

Assume the price of Apple stock is $130.50, with an offer price of $130.60 and a bid price of $130.40. You believe the price will fall, so you open a CFD to short - or sell - five contracts at $130.40. After a few days, the share price has dropped to...

Volume Spread Analysis is a critical concept in technical analysis. Dr. Alexander Elder, a leading developer of technical tools and the author of several best-selling financial books, has clarified this concept. The new trading for a living and come...

A Dragonfly Doji is a single candlestick pattern that is a type of doji in which the candle's wick (or shadow) is much longer than the body. During the candle time period, the large wick represents a large trading range, and the small body represents...

The FX market's ability to trade 24 hours a day is due to a mix of many time zones across the world and the fact that transactions are handled through a network of computers rather than a single physical transaction that closes at a certain time....

Forex leverage differs from the amount of leverage available when trading stocks. This is due to the fact that major currency pairs are more liquid and have lower volatility than even the most heavily traded stocks. As a result, risk management and...

Income investing is the process of picking investments that will generate a consistent source of income over a specified length of time. It's a common strategy for chasing good returns while also having a chance to combat inflation. There are a...

What is the hardest part of Forex trading? For me, it is my emotional IQ and response to my money being lost on my losing trade. That will be always a problem for me but now I have control over it and I think it will not remain a problem for me in...

The final step in algorithmic trading is to implement the algorithm using a computer programme, which is then backtested. The goal is to turn the described approach into an integrated automated procedure with access to a trading account for placing...

Popularity: Because forex major pairs are so popular, information about them is widely available on the internet. Economic reports on these economies, for example, are widely available. Furthermore, most analysts discuss major forex pairs in their...