There are two primary schools of thought when it comes to trading – technical and fundamental trading. While technical trading focuses on analyzing price movements and predicting future price changes using historical data, fundamental trading focuses on using economic data and financial parameters to find new trading opportunities. Traders choose to direct their career and Read More…
Beginner traders do everything in their power to stick to the basics and follow every rule, recommendation, and piece of advice they come across while learning about trading. However, as time goes by and traders become more experienced, they slowly drift away and forget to stick with the basic trading rules that worked early on Read More…
If you talk to any trader or market expert about swing trading and day trading, they will probably tell you different things. Some of them have had more success with a particular style of trading and like it better. On the other hand, some traders are simply used to trading in a specific way and Read More…
Every successful trader follows a routine that helps them make the most of every trading day. A trading routine is a habit loop that enables you to get in the zone and make rational decisions – and it’s all about repetition. To quote famous philosopher Will Durant, “We are what we repeatedly do. Excellence, then, Read More…
To an untrained eye, high-performance traders may seem like divine entities who can turn a profit at the snap of their fingers. There’s an illusion that they never lose or have losses so insignificant that they never put a dent in their wallet. The truth is that even high-performance traders lose. They don’t have a Read More…
If you are in the business of trading financial instruments, you’ve probably heard this one before – the main difference between a successful and mediocre trader is a trading plan. But, of course, successful traders always have a comprehensive trading plan. Why is creating and having a trading plan so important? Can it make such Read More…
Among all the terms specific to the trading lingo, stop-loss is perhaps the most important one to know. Many successful traders can’t imagine their short- and long-term strategies without using stop-loss. Suppose you are serious about taking your trading career to the next level. In that case, you should consider learning everything about stop-loss and Read More…
Trade orders are fundamental tools for trading securities, as they help minimize losses and optimize your trading profitability. Knowing how and when to use them can help you make consistent profits. With the correct order at the right time, you can close an excellent deal, get out of a trade that doesn’t pan out the Read More…
The road to becoming a trader is a long and windy one. While it’s certainly more accessible than ever to get into trading, even if you don’t have much capital, you still need to spend years getting the proper education, going through professional development, perfecting your strategies, and familiarizing yourself with the markets. Then, once Read More…
Day trading is a risky endeavor since it requires significant capital investment to start. Still, it can be pretty lucrative if you understand the markets, stick with your strategy, apply risk management techniques, and remain disciplined. This comprehensive guide will help you understand all the dynamics of day trading to get started like a pro. Read More…
