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10 Common Forex Trading Mistakes to Avoid

by Elena Martin · September 16, 2022 ·

Human error is widespread in the forex market and often results in well-known trading blunders. These trading errors often occur, especially with new traders. Having an awareness of these mistakes ...

Find Your Forex Entry Point: 3 Entry Strategies to Consider

by Elena Martin · September 15, 2022 ·

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WHAT IS AN ENTRY POINT FOR FOREX?The level or price at which a trader begins a transaction (buy/sell) is known as a forex entry point. A trader's choice of a ...

What Kind of Forex Trader Are You?

by Elena Martin · September 10, 2022 ·

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There are many various kinds of forex traders, and each requires a unique strategy. Whether you choose for the slow-paced marathon of position trading or the rapid-fire sprint of day ...

How Multi-Time Frame Analysis Works?

by Elena Martin · September 7, 2022 ·

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Multi-time frame analysis, sometimes referred to as multiple time frame analysis, enables traders to concentrate on the timing of transactions and may assist in determining when trends may be nearing ...

7 Step Trading Checklist Before Making Any Trades

by Elena Martin · September 6, 2022 ·

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WHY SHOULD YOU USE A TRADING CHECKLIST?Using a trading checklist is essential in the trading process since it encourages discipline, helps traders follow their trading strategy, and boosts confidence. Keeping ...

The Importance of Liquidity in Foreign Exchange Trading

by Elena Martin · September 5, 2022 ·

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One of the first benefits of forex trading that a trader is likely to encounter is the forex market's greater liquidity than other marketplaces. According to the 2016 triennial report ...

Workflow and Strategy Advice: How to Become a Part-Time Trader?

by Elena Martin · September 3, 2022 ·

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Many individuals believe that trading foreign currency (FX) takes a lot of time since market research and opportunity identification are involved. However, because FX is available around-the-clock, part-time day traders ...

What is NFP Data and How is it Traded in Forex?

by Elena Martin · September 2, 2022 ·

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What is NFP Data?One of the most important economic indicators for the US economy is the non-farm payroll (NFP) data. It shows the amount of new employment created, excluding those ...

How to Short Sell a Stock in Falling Markets?

by Elena Martin · September 1, 2022 ·

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Selling a borrowed share of stock with the intention of repurchasing it at a later date at a lower price and keeping the difference is known as shorting the stock. ...

Forex Market Speculation: A Psychological Analysis

by Elena Martin · August 31, 2022 ·

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Trading involves forex speculation, which is the name of the game. Every trader, at some time or another, has to click ‘buy’ or ‘sell’ and commit to a position based ...