Investing in the stock and Forex markets may have the common misconception that it is a ploy to make money easily with the right amount of capital. Hard truth is that not many day traders end up successful in their ventures. This would explain a popular option among day traders called Trend Trading. So, what is Trend Trading? Simply put, …
What is Scalping?
Scalping has been the go-to method of short-term retail and institutional traders. This is the case as Scalping maximizes the win-to-loss ratio. The method derives big gains from only one trade. Immediately, Scalping secures small profits and reveals possible losses. Well-Known and Effective Scalping Strategies It would do the trader well to orient himself on the various Scalping strategies that …
Why Traders Lose Money on Forex Trading
To keep control of your emotions in trading, you need to practice good trading psychology. This is a way of changing your mindset and becoming as logical as possible. Traders experience forex trading failure due to conflicting feelings. To achieve success in trading, you have to accept that forex is risky, and while money is involved, it is not always …
5 Day Trading Strategies for Beginners
In day trading, the ability to read charts is basically a survival tool. Understanding the current price movement of the stock will help predict its future movements. Historical data is used to determine price patterns and make predictions out of it. This is based on the logic that historical patterns tend to repeat over time. It might seem complex at …
Best 7 Bitcoin wallets to choose in 2019
Bitcoin, as we know it, has risen in popularity and has taken the world by storm. The skyrocketing advancements of technology and security systems have made trading cryptocurrency arguably a more accessible, safer, and more private investment opportunity compared to its government-backed counterparts. Here, we will look into the top 7 best Bitcoin wallets of 2019. Coinbase Coinbase is crowned …
Swing trading strategies for forex
Swing forex trading strategy is a type of trading that aims to acquire gains in a stock. It also seeks to capture a swing or a single move with the help of daily and weekly timeframes. This is ideal for minimizing losses by closing a trade just before the occurrence of market pressure. WHAT ARE SWING TRADING STRATEGIES Though there …