Already quite a lot has been said about the possibility to make money on the financial markets, i.e. trading on the forex market. But unlike any other type of income, for your trading to be successful you need not only to be a good practitioner but also perfectly know the theory. Needless to say, many people come and leave this market quickly, and do not understand what is going on. Many brokerage companies claim that there is nothing easier than trading on Forex. Sometimes it is true, but many aspects depend on what one expects from...
Today even those who have never been interested in finance and currency trading are familiar with the word “Forex”. Now almost any adult person can become a participant in the Forex market. Indeed, trading can really be one of the ways to make money if you take the courage to do it. However, apart from the courage, you will need several other personal qualities, not to mention serious training. Before getting started, you might be asking yourself - is Forex trading for me? You need to understand that Forex is undoubtedly a...
Successful currency trading is mostly defined by trader’s attitude. To be more specific, a profitable Forex journey largely depends on the preparation process rather than on the trading itself. Many novice foreign exchange enthusiasts choose to go all in from the very beginning without giving too much thought to learning all the necessary concepts, adopting the right strategy and selecting the right tools. As you might have guessed, these traders are the ones making up the tremendous rate of people who give up on the idea of currency...
It`s well-known that anyone who decides to take up the trading on the financial market (or any other activity that is totally new) will need to get acquainted with the very basics and practice as long as it takes. Of course, the vast majority of beginner traders would prefer to skip this stage and dive headfirst into trading neglecting to deeply understand how essential it is. For those who take trading seriously, there's no better way to hone skills than to start practicing on a demo account. Even though everything you do on a demo...
It is time for the third and final part of my 2020 predictions series. During the first part, I covered Gold, Silver, and the EURUSD. You can get my predictions at “2020 Predictions Part One”. Yesterday, I outlined my outlook for the USDPLN, the EURHUF, and JPM. My predictions for those three assets can be read at “2020 Predictions Part Two”. Today, I will complete this series by taking a look at Boeing, IBM, and Ethereum. 2020 has started with a lot of turbulence and a large amount of hope priced-in across the...
