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 […]
Technical pointers are arithmetic tabulations that are schemed as lines on a graphical price representation. Technical pointers can assist traders and merchants alike in identifying certain trends within the market. Whether or not you are party to commodity or forex exchanging, it is in your best interest to employ technical […]
Moving averages are commonly used by beginner traders. This is because they are easy to calculate, understand, and incorporate into one’s trading strategy. And since they use actual forex market data, using them to analyze price movements tends to help in reliably predicting future price movements. However, as a beginner, […]
Oscillators, if used well, are one of the most valuable tools for a trader. Very few tools help traders see significant risk, which is one reason that makes them tools of value. Risks are mostly eminent with the reward set-up for when price action corrections come to an end. Oscillators […]
