There are many ways to trade forex effectively. The diversity is so great that there is no wrong way to trade- there is only profitable and not profitable. Forex scalping is a popular trading strategy involving the fast execution and liquidation of opening and closing of forex orders to maximize day trading market movements. These types of trades are usually only held onto for a few seconds to a few minutes at the most. Scalping is something that requires a great deal of skill because you need to get in and out of positions relatively...
Unlike mirror trading, a method that allows traders to copy specific strategies, copy trading links a portion of the copying trader's funds to the account of the copied investor. Any trading action made thenceforth by the copied investor, such as opening a position, assigning Stop Loss and Take Profit orders, or closing a position, are also executed in the copying trader's account according to the proportion between the copied investor's account and the copying trader's allotted copy trading funds. These days...
After presenting to a narrow audience of a new product by Apple - iPhone 7, which goes on mass sale on September, 16, PaxForex conducted a pretty impressive work in respect of Apple Inc. shares forecast and came to the conclusion that the release of the new smartphone can significantly increase the size of portfolio of our traders. We believe that the shares of the giant will rise to a target of $125. As it is known, PaxForex has long been successfully providing its clients with stocks trading opportunities of the biggest companies in the...
A common challenge impacting most traders and investors is the tendency to develop analysis paralysis – also known as trading paralysis. This happens because because there are a number of conflicting thoughts and emotions that can affect a traders ability to pull the trigger on a buy or sell order. Analysis paralysis, or trading paralysis, doesn’t only affect traders on entry signals. It can also affect investors and day traders by preventing them from exiting, or not exiting, positions when they should. When you trade...
The terms "bull market" and "bear market" describe upward and downward market trends, respectively. The names perhaps correspond to the fact that a bull attacks by lifting its horns upward, while a bear strikes with its claws in a downward motion. A market trend is a perceived tendency of financial markets to move in a particular direction over time. These trends are classified as secular for long time frames, primary for medium time frames, and ...
