Technical analysis is one of the many tools used by investors, financial advisors, and other professionals to make educated investment decisions. Technical analysis uses historical price data about an asset (stock, bond, currency, futures contract) to forecast its future price movements. Technical analysts believe that price movement is caused […]
The stock market is no accessible realm to find success in. Many “day traders” quickly lose money by making hasty or uninformed decisions. Successful investors know the bare minimum required before they buy shares of a company’s stock. What industry the company is in Investors should know the industry their […]
The beauty and greatest advantage of the digital age are that almost everything can be done online. As long as an investor has a trading account with a broker, they can begin trading. Online brokerages allow investors to direct trades on their own, through a computer or phone. There are […]
The forex market has very many investors, but only a couple of them are truly successful. Most forex traders fail for the same reasons that affect investors in other asset classes. Various websites estimate that about 70% to 80% of traders lose money and end up quitting. Using borrowed capital […]
To venture into forex trading, you need a good amount of capital and a proper trading strategy. However, in the beginning, you might want to consider brokers that offer small trading because you’re inexperienced and don’t want to lose money. This is where a mini trading account comes in handy […]
Volume indicators are playa crucial part of technical analysis but many traders ignore them. Apart from facilitating the confirmation of patterns and trends, the volume demonstrates the total stocks sold and bought in the market at a particular period. Traders can then leverage that data to assess other trader’s perceptions […]
A forex broker is a company that offers traders a platform for selling and buying foreign currencies. If you are considering becoming a forex trader, then finding the right broker is your number one priority. The forex market is so broad and has attracted a lot of traders and brokers. […]
When trading forex, you will come across the terms technical and fundamental analysis. Technical analysis is a trading style based on volume data or stock price. It is used to identify trading prospects and evaluate investment opportunities. It does this by assessing statistical trends obtained from trading activity. It uses […]
To become a profitable forex trader, you need to know how to analyze the market. The proper analysis provides you with the best currency pair to trade. Also, it gives you the best point to enter and exit a trade profitably. There are three different methods of forex market analysis. […]
Forex trading is complex and thus requires sophisticated tools to navigate. There are a variety of online forex trading tools that a forex trader can invest in. Fibonacci retracements tool is one of the tools that are invaluable for the forex trader. This tool performs all the functions that a […]
