FXOday

Jun 05, 2022 08:25

How to become a professional forex trader?

When trading Forex, make risk management a habit. There is an outstanding money management strategy for trading Forex with the least amount of loss and maximum return. It's a low-risk method.

Kihn

Jun 03, 2022 20:09

What is depositary?

A depositary is a market participant who keeps records of securities transactions and ownership rights. Thus, the investor's securities are not with the broker but are stored in the depository, and the broker can legally withdraw assets from there...

Wilburn

Jun 03, 2022 18:31

How to deal with mistakes?

Identify the mistake that was made. Define the mistake, find out what caused the mistake, and try as hard as you can to better understand that mistake. Knowing the mistake nature will prevent you from making the same mistake again. More often than...

Seamans

Jun 03, 2022 10:08

Forex time interval type

M1–corresponds to one minute, the shortest time frame in Forex, allowing you to capture the smallest price fluctuations.

Seamans

Jun 03, 2022 08:25

What is the function of a transaction ID?

A transaction ID may be required in a variety of situations. If a trader is concerned about a long wait, he or she can use Block Explorer to traverse a trader's transaction. If it appears there, a trader may be certain that the transaction will...

Agaricy96

Jun 03, 2022 00:52

Relative strength vs. MACD

Based on current price levels, the relative strength indicator (RSI) is used to evaluate whether a market is overbought or oversold. The MACD assesses the connection between two exponential moving averages (EMAs), whereas the RSI tracks price...

Kihn

Jun 02, 2022 22:54

Importance of using volatility indicators

A Forex volatility indicator can assist a trader in examining the state of a currency pair and determining if it is appropriate for their needs. If they enjoy a calm, serene trip, a currency combination with low volatility may be the ideal choice for...

Sterling

Jun 02, 2022 02:13

What are futures?

Futures are one of the trading instruments available. It's also a derivative, which implies its value is determined by the underlying asset. Most traders perform futures trades on margin. Traders can use leverage in this manner.

Agaricy96

Jun 01, 2022 14:13

Importance of planning in forex

Trading without a plan might be as ineffective as trading at random. if you use a few solid plans connected to your pairings, trading timings, trading method, trading volume, daily aim, what to do if anyone loses, and the ideal way to exchange...

Wilburn

Jun 01, 2022 11:12

Types of scalp trading

Traders who engage in scalping may either use a discretionary or systematic approach. Discretionary scalpers are traders who make rapid trading decisions based on the current market conditions. Traders are responsible for determining the terms and...