When you trade Forex, it’s essential to do so in the most disciplined and organised manner possible. Without discipline, you will quickly find yourself panicking on the trading platform, making impulsive trading decisions that are based on fear, hope, stress, anticipation or any combination of these emotions.
Day trading involves the buying and selling of financial instruments within the same trading day. When you trade forex based on a day trading strategy, this means that you are likely to close your position at the end of the trading day. As such, day traders cannot be considered as investors, but as speculators. To […]
Having a solid understanding of market mechanics is essential in helping you as a trader to fine-tune your entry and exit points as well as your stop loss levels. This in turn leads to stronger and more accurate trading results.
Many of the world’s most accomplished traders are renowned for placing small, articulate and controlled trades on an irregular basis. These traders are highly organised, incredibly patient and very disciplined, only executing a trade when the perfect market condition presents itself. They are typically trading twice or three times per week, only taking the highest […]
CFDs stand for Contract for Differences and are today considered one of the world’s fastest growing financial instruments. Most international forex brokers offer CFDs as part of their financial instruments repertoire, and once your trading account has been set up and funded, it is incredibly easy to get started and trade.
Although the market is notorious for hardly ever sleeping, that doesn’t mean you can’t take time off to catch up on some of your favourite trading movies. Read on for our pick of top 5 movies about investing…
Remaining focused for long periods of time can be a challenge. In our modern society there are so many distractions to contend with and our brains have become largely accustomed to constant distractions such as phones ringing, incoming emails and other notifications or noises.
Forex trading is largely a speculative activity where you need to make your market predictions and execute trades in the hopes of generating a profit. Although losses are a natural part of online trading, there are a number of measures you can adopt to improve your chances of a successful trade.
There are plenty of ways to trade forex and plenty of trading styles, including scalping, day trading, swing trading and position trading. While swing trading is regarded as a careful, long-term investment strategy that involves placing one or two positions every few weeks or months, scalping sits at the other end of the spectrum, where […]
The forex market is one of the most sophisticated financial markets in the world. Used by millions of people from across the globe, it helps to promote different world currencies, as in addition to the major currencies, it now features minor and exotic currencies available for trading. This enables traders from all walks of life […]