There are hundreds of thousands of market participants buying and selling securities for a wide variety of reasons: hope of gain, fear of loss, tax consequences, short-covering, hedging, stop-loss triggers, price target triggers, fundamental analysis, technical analysis, broker recommendations and a few dozen more. Trying to figure out why participants are buying and selling can be a daunting process. Chart patterns put all buying and selling into perspective by consolidating the forces of supply and demand into a concise picture. More...
The forex exchange market is the most profitable market where dealers can make some earnings. Foreign exchange dealing is the trading of numerous currencies and it edges out the standard stock exchange market as a good place to earn more cash for different reasons. The forex market also never stops on functioning so you can deal in the foreign exchange market twenty-four hours a day, five days in a week. One of the biggest challenges forex traders are facing is complacency, especially if they fail to fully comprehend the complexity of the...
Supply and demand are two factors or forces that affect the forex market. One key to understanding movements in the forex market is to understand the forces affecting supply and demand. Like any market out there, the forces of supply and demand also affect the forex market. Various forces like the business environment, stock market, political factors, and economic data are determinants to the behavior of supply and demand. Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market...
One of the decisions that all traders, especially new traders face is how much trading capital to trade with or how much money to deposit into their trading accounts. The simple answer to this question is as much as they can afford. The reason for this is that the amount of trading capital directly affects the markets that they can trade, and most importantly, the amount of risk that their trading has to endure in order to be profitable. Traders should never trade the money they cannot afford. The amount of capital traders have...
In general, forex trading platforms offer their users the ability to manually enter and execute forex trades with an online forex broker. They generally require a reliable Internet connection to operate efficiently, and if they require a software download, they usually run on Windows-based computers. More advanced trading platform features might include: the ability to manage multiple trading accounts, charting functionality, and algorithmic trading support with back-testing capabilities. A trading platform provides information such as quotes...
