Many novice traders dream about successful trading on currency exchanges, mistakenly believing that this can be achieved without any knowledge, but only based on their intuition. In fact, to get as much profit as possible, a trader will need to master a lot of different techniques and principles of applying special strategies and tactics in certain situations. You also need to understand how all financial instruments work in order to start using them to achieve your goals. It should be noted that successful trading on the Forex market should...
What Are FX Trading Signals and FX Alerts? Types of FX Trading Signals How to Find the Best Forex Signals Forex trading involves in-depth knowledge of technical and fundamental analysis, understanding of market laws, and practical experience. Professional traders can easily recognize when the market sends commands to react quickly. Beginners, on the other hand, need to process and assimilate a lot of information to find suitable trading ideas and increase their capital. What should a beginner do if he does not yet have such a wealth of...
Coronavirus panic has invaded the world financial markets: stock quotes are falling at record rates. It looks a bit scary, but if you are a long-term investor, what is happening can be considered as a unique opportunity that arises once in ten years. By the way, the U.S. stock market showed consistently strong results after the 2008 crisis, allowing investors to earn +269% of real return or 12.6% per annum (including dividends and inflation) over the 11 years from early 2009 to late 2019. For us, it means only one thing – now is the...
People can be roughly divided into two categories: those who want to know what the future holds and the others, who don’t. Forex traders, for the most part, all fall into the “want to” group. Today we are discussing the importance of Forex forecast and the most effective Forex forecasting techniques. Why Do We Need Forex Forecasting If you have a general understanding of what is Forex trading and how does it work, you understand that knowing what will happen next is a crucial skill. Professional traders all...
Many traders on stock exchange prefer to trade long term. This is convenient: less time is spent on trades, no need to monitor the chart for hours, the profit can be significant - more than in intraday trading or scalping. Trading on fluctuations of 2-3 days or "swing trading" - a common tactic and is suitable for those who do not have time to be in front of the screen in the active hours of the trading session, and who nevertheless want to profit from sharp price movements in both directions (as opposed to long-term strategies)....
