Investing and trading are activities that can benefit quite a lot from automation. In fact, using Artificial Intelligence and machine learning can be very handy here, to the point where you can easily replace many human tasks with automated, repeated tasks that can be performed by machines. Success is all about increasing the odds of picking a good trade. It is about winning more and losing less. One way to increase the odds in a fluctuating market is to use trading software that relies on the power of artificial intelligence. The world is...
With the Brexit mood souring again as EU President Donald Tusk is visiting the UK and the start of March ringing in the final twelve months of Brexit negotiations before the UK will leave the world’s largest trading bloc, the EU, some may not pay as much attention to what could move the Euro next: Italian elections. Italians will go the polls on Sunday, March 4th and many Italian voters are still undecided. The Italian election results are very likely to cause wild volatility swings in financial markets when they open for business on Monday...
Most traders spend more time planning and contemplating entries than exits. While proper entries are important, most seasoned traders agree that trading success relies on how a trader exits their trades. A fact of forex trading is that most traders take their profits as a result of an emotional impulse instead of exiting the market at a pre-determined target or from a pre-planned exit strategy. As a result, traders who exit a trade on emotion typically take much smaller profits than they would like, while traders who exit a trade based on...
Although the forex market is open 24 hours a day, there are a few hours that are considered the best times to trade forex, and it is extremely important for a trader to identify these times so as to increase profit potentials. It is true that the forex market is open 24 hours a day, but that doesn’t mean the market is active and worth trading for the entire day. The idea is to trade when the market is the most volatile because volatility means that a market is moving, and money is made when the markets are moving, not when the market is quiet...
On February 3rd, financial markets saw their first spike in volatility in over seven years which rattled the cage of traders and investors across asset classes. Well over $2 trillion were wiped off portfolios in a very short period and while assets have rebounded since then and recovered losses, it opened up discussions about what will be next for financial markets. The preceding period of low volatility was unprecedented and while the majority may have felt comfortable, professionals have warned about the dangers. Complacency to risk became...
