Emotions play a crucial role in Forex trading as they can impact decision-making and ultimately affect trading outcomes. While traders strive to make rational and informed decisions, emotions can sometimes get in the way and lead to impulsive...
Markets.com is a renowned forex trading broker based in the British Virgin Islands. It was founded in 2000. Although Markets.com is regulated by the offshore Financial Services Commission ("FSC"), the broker has a long history of ethical business...
ETH plays a central role in decentralized finance (DeFi) as it serves as the primary currency and backbone of many DeFi protocols and applications. DeFi refers to the ecosystem of financial applications built on blockchain networks, primarily...
Forex requires a combination of tools to analyse the market, execute trades, and manage risk effectively. Here are the key tools every trader should use:
Artificial Intelligence (AI) and human traders differ significantly in how they analyse markets, make decisions, and manage risks. AI traders rely on algorithms, machine learning, and vast data processing capabilities to execute trades rapidly and...
Taking breaks is crucial in forex trading because it helps maintain mental clarity, emotional control, and decision-making precision. Forex markets operate 24 hours a day, which can tempt traders to over-trade or stay glued to screens for long hours....
Trend channels, also known as price channels, are a technical analysis tool used to identify trends in financial markets. They are created by drawing parallel lines above and below a trendline, with the trendline representing the overall direction of...
A trading journal is a powerful tool for improving performance, identifying strengths and weaknesses, and maintaining discipline. Here’s how to create one effectively:
Novice traders and professional traders differ in many ways. Novice traders are usually new to trading and lack experience and knowledge about the markets, while professional traders have years of experience and a deep understanding of market trends...
Economic indicators play a critical role in determining currency exchange rates in the foreign exchange market. Economic indicators are statistics that measure different aspects of an economy such as gross domestic product, employment, inflation, and...