As per the experts, day trading is not ideal for everyone as it needs the traders to have a practical approach. Emotional factor too plays a very important role in earning profits from intraday trading.

A demo trading account is an essential tool for beginners in forex trading, offering a risk-free environment to practice and learn. It provides virtual funds, allowing new traders to execute trades, test strategies, and familiarize themselves with...

Confidence plays a pivotal role in determining success in the forex market. This dynamic and high-stakes arena demands traders to make swift and well-informed decisions, and confidence is the foundation upon which these decisions are built. Firstly,...

Scalping in the forex market involves making multiple trades with small profits. To scalp in the forex market, a trader must have a strict set of rules for entering and exiting trades. This may include using technical indicators such as moving...

The Envelope Indicator is a technical analysis tool that helps traders identify overbought and oversold conditions in the market. It consists of two moving averages, one above and one below a central moving average (usually a simple or exponential...

ECN brokers offer a wide range of assets that can be traded by their clients. They provide access to various financial markets, allowing traders to diversify their portfolios and engage in different investment strategies. The types of assets that can...

The Elliott Wave Principle, developed by Ralph Nelson Elliott in the 1930s, is a technical analysis tool used to predict market trends and price movements in financial markets, such as stocks, commodities, and currencies. It is based on the idea that...

It is difficult to accurately predict the weekly return that one can expect from the forex market, as it is highly volatile and subject to a range of factors such as global economic conditions, political events, and natural disasters. Additionally,...

A trend-following strategy is a trading approach that aims to capitalize on the continuation of existing market trends. It is based on the idea that asset prices tend to move in sustained directions (upwards or downwards) over time, and traders can...

Low leverage refers to a financial strategy where a company or individual uses a minimal amount of debt relative to equity to finance its operations or investments. In other words, it indicates a conservative approach to borrowing, with a focus on...