It's really important to verify a broker is licensed. This way they have monthly reporting, annual audits, have capital requirements, and some other regulations to follow. I usually look at the company which is regulated and have a license. However,...
Before entering the market as a trader, you need to have a plan on what you want to do and how you plan on achieving it. You need to make decisions based off of information you have collected to execute your trades. You need to have a plan on how to...
Fundamental analysis that is based on socio-economic-political exists in those countries. So we have a good understanding of the global economic market news and political news if you want to do fundamental analysis. We will need to make use of such...
A contract for difference ("CFD") is a financial derivative. Derivative products tract the market price of an underlying asset so that traders can speculate on whether the price will rise or fall.
Moving Average Convergence (MACD) created by Gerald Appel in 1979, was one of the most used trading techniques indicators. The MACD is valued globally by traders for its simplicity and flexibility as a pattern or an indicator of a driving force....
Just curious to know how other traders fill their time between trades. I used to spend that time just staring at the charts and looking for other potential systems that could fit my style of trading or improve my current system. Of course, I still am...
Sniper trading and sniper setups are those setups that give you quick profit. There is no long wait for profit or loss. It is called sniper trading. Many people are found that setups and traded on that setups so it is very good for that do trading in...
A currency carries trade is a technique in which a high-yielding currency uses a low-yielding currency to fund the trade. A trader who employes this technique tries to profit from the difference in rates which can be significant depending on the...
Forex trading can lead to successes or failures. Naturally we all want to be successful, but to achieve this we need to work hard as well as possess certain key qualities. Let's face it - not eveyrbody is meant to be a successful trader. And there...
Most of the important factors to succeed in forex is control over greed. In every business, there is both profit and loss and you can face any of it. So keep in mind if you have no control over emotions and greed then it is very much possible, you...