Forex trading, also known as foreign exchange trading, involves buying and selling currencies in the global market. There are several reasons why you might consider joining Forex trading.
In technical analysis of financial markets, resistance level refers to a price level at which a security's price has previously struggled to break through, and may therefore face significant selling pressure if it attempts to move higher. Resistance...
Negativity bias is a cognitive bias that describes the tendency of individuals to focus more on negative experiences and information than positive ones. In the context of trading, this bias can have a significant impact on a trader's decision-making...
There are several traps that many traders encounter, including:
Higher time frames, such as daily or weekly charts, can provide a broader perspective on the market and help identify longer-term trends. They also tend to be less noisy and more reliable in terms of price action, making them a popular choice for...
Binary options trading is a form of financial trading where you bet on whether an asset will go up or down in value over a set period of time. The term "binary" refers to the fact that there are only two possible outcomes for each trade: you either...
High leverage can be a powerful tool for traders to magnify their gains, but it also exposes them to significant risks. Market events that can cause high leverage to become problematic are those that can rapidly change market conditions and cause...
Overtrading is a common issue among traders, and it can lead to significant losses. Overtrading occurs when a trader executes too many trades in a short period, often in response to market volatility, without considering the impact on their...
The main difference between a Forex broker and a Forex dealer is in their role in the Forex market.
A proprietary firm is a type of business organization that is owned and operated by a single individual or a group of individuals. Unlike other types of business structures, such as partnerships and corporations, proprietary firms do not have...