Today Ripple is probably the most famous cryptocurrency, which has found its application in the global economy and finance. Although many are skeptical about what Ripple is considered a cryptocurrency, this does not detract from its advantages and impact on traditional financial markets. Let us take a closer look at what this coin represents, what its prospects are for the near future and how exactly we can make money from it.
How much capital can a professional currency trader build up per month? This question is, perhaps, one of the most discussed topics on various Forex - forums and other resources of the corresponding subject matter. However, unfortunately, there is not so much really valuable information. And it is not surprising - experienced market participants are not in a hurry to share their secrets, let alone disclose the size of the sums made trading online. Not as an example for beginners in currency trading, who are often willing to share their...
The spread is one of the most crucial notions to learn when it comes to trading Forex since it can make a notable difference in trading results. Today we will discuss what spread is and how much it affects the efficiency of trading.
You can talk about the need to set stop loss and take profit for hours, but not experienced traders are trading without using these stop orders, and a few quite risky options for forex trading strategies simply do not assume their use. The main reason for refusing to use stop loss, as a rule, is a purely psychological reluctance to measure up to the possibility of losses, the trader turns out to set their proper level in advance and as a result, the deposit is lost. Beginners especially often neglect the recommendation to set a Stop Loss in...
Losses and profit are two integral components of trading Forex. We all know that there are no win-win strategies, as well as there are no traders who close 100% positively. Let us consider the nature of losing money in Forex: why traders suffer losses and how to avoid Forex risk, or at least try to minimize them as much as possible. Practice shows that most newcomers to the market make the same mistakes that lead to losses. Here is a brief list of erroneous actions: taking excessive risks; not using Stop Loss; not having trading strategy;...
