Many traders, starting their way in the Forex trading, think that they can only trade currency pairs, maybe even gold sometimes. But in fact, there are a lot of trading assets that meet the eye. In trading terminals, some new appearing assets may still be underestimated by new market participants. At the moment, a trader can choose any instrument based on his preferences and tastes. These can be currency pairs, cryptocurrencies, CFD, stocks, futures, and stock indices. It is no secret for confident traders that trading stock indices...
When we talk about trading, our minds automatically think of currencies, stocks, or, in some cases, bonds and funds. But the selection of available trading instruments stretches far beyond that. Today, we get familiar with an asset category that offers just as many opportunities and potential as the most popular trading devices. More specifically, we will discuss what is a financial derivative, and what do you need to know about it to trade successfully. What is a Financial Derivative The best way to describe what is financial derivatives...
Have you heard of the Fibonacci trading technique? If not, here’s a handy little guide for you. Below you will find out how 13th-century math principles help to benefit modern traders, and what is the best way to get started with using Fibonacci retracements to trade. What is Fibonacci Retracement in Trading Forex The very first thing you need to know about the Fibonacci trading tool in MT4 is the theory behind it. Leonardo Pisano Bigollo, more commonly known as Fibonacci, was an Italian mathematician who lived through the late 12th-...
Forex scalping can be very exciting and profitable, as long as you are approaching it correctly. Because the scalping methods Forex always sound simple in theory, they attract a lot of new traders. However, to become a successful scalper you should first get to a certain level of knowledge and expertise. Let’s start this process by figuring out what is the best time frame for Forex scalping strategies? What is a Time Frame in Forex For starters, what is a time frame? As you have probably guessed from the name, it is a limited period...
Did you know that you can make money on Forex not only by means of trading different financial assets? There is such a thing known as Forex affiliate programs, and it's been gaining popularity recently due to almost unlimited income, full or partial automation of the process, and fast results. Even despite the disadvantage of high competition in this niche, even beginners manage to get their lucrative commissions each month. Indeed, with a properly built referral system, you can earn over $1,000 per month (experienced partners can...
