How To Manage Your Money In Any Market To Make Profit
Two years ago, I learned a hard lesson about money management. By trading in big blocks trying to speedup the process of doubling my account, I ended up loosing all of the money in that account. Ouch! This article shows you how to avoid some of the mistakes I’ve made and how to stay profitable.
What Is The Right Indicator To Achieve Success?Technical indicators are a great way to forecast the market direction. However, mathematical formulas are constant and can’t take into account human reaction to market news. In this article we discuss why you must take into account the market sentiment before entering a trade.
Which Is the Best Trading Method for Your Trading?Whether you are a beginner or a seasoned trader, if you are struggling with your trading, you should do rule-based trading to achieve profitability. By following a strict set of rules, rule-based trading takes all the guessing out of trading and will make you a better trader.
Which Is the Best Market Cycle to Trade?The Forex market is made up of three cycles. You must understand the different patterns and formation within these 3 cycles to be a successful trader. By aligning your trading strategy with the current trading cycle, your chances of a successful trade increase exponentially.
These 5 Techniques Will Make You a Successful TraderLearn about the top five techniques that successful traders use to identify where support and resistance lie. These techniques have been tested over time and are used by successful traders worldwide.
These Easy 5 Steps Will Make You Higher ProfitsThese easy-to-follow 5 steps will make you consistent profits. Complex trading strategies are much harder to execute thus increasing your chances of failure. By simplifying your trading you will have higher success.
How to Use Crossovers to Make You ProfitsMACD and moving averages are great indicators to help you determine when to enter trades. The setups that follow are proven to generate reliable signals, thus helping you become more profitable. Future articles will combine these signals with momentum indicators to corroborate your entry/exit points thus enhancing your trading strategy.
What Is The Best Currency Pair To Trade?Choosing the wrong currency pair will lead you to losses. Short-term traders should consider the two points that follow when choosing a currency pair to create a higher number of profitable trades. The key is yours!
Using the News Will Make You a Successful TraderWhen trading the news, there are three questions that we need to ask ourselves before every trade: Is the news important? Is the surprise large enough? And is the surprise in line with the market’s sentiment? Not knowing the answers to these questions can lead to big losses.
How to Stick With High Probability TradesProfessional traders look for “high-probability” trades. The 5 critical questions you should know before making a trade are outlined in this article.
How Does the News Affect the Forex Market?Big movements in currencies are usually driven by big stories in the financial markets and the direction of interest rates. When it comes to the financial markets, staying on top of the big stories is critical to your success as a trader.
Technical Analysis Is A Necessary Tool To Trade In ForexTechnical analysis is the study of market action through the use of graphs, in order to predict future trends in the price of assets. In this article, you will find all the necessary information about what is the technical analysis in Forex, how it is used, what are the indicators in the graphs, and much more.
How To Use Bollinger Bands to Make You ProfitsAny kind of proven good Forex indicators requires to include several forms of volatility channel. After 30 years in use, the Bollinger band is still one of the best indicators for trading in Forex.
Know All About Low Spread BrokersAny Forex transaction without professional help is quite difficult as currency market is one of such tricky markets that can change the fate of the investor within the fraction of seconds. Low spread brokers are experts in delivering the promised to their clients. Before discussing the low spread brokers, let’s look at few things you need to understand as an investor in currency markets.
How to Trade in CurrencyTrading in currency in other words also known as foreign exchange is the world’s largest financial market and was the area in which world’s largest financial institutions were involved. Earlier the Forex transactions were of biggest concern of the big corporate houses, however as the time changes the need for foreign currency has made its way through corporate houses to individuals who are involving in some sort of international transactions. Though the volume of transactions and the people involved in currency trading is increasing exponentially, still there is an information asymmetry between the investors and the market.
