It’s never easy for someone to quit their full-time job and go away from a steady and secure income only to dive into something unknown and unstable. However, some people simply aren’t cut out to work for a company and are attracted to trading. If you think the previous sentence applies to you and have Read More…
Most successful traders have proven trading strategies. Choosing the best trading parameters for them is a walk in a park. But is that all you can learn from them? There is more than meets the eye. The psychology of a professional and successful trader is different from that of a beginner. They have mastered trading Read More…
Every trade puts you at risk of losing money. How you manage that risk will make a difference between making more profits and blowing up your account. Even successful traders have losing trades because it’s impossible to win every single one. However, they know how to control the risk and ensure their gains on winning Read More…
Whether you make it as a trader or not isn’t a matter of luck or circumstance. It’s a matter of skill and dedication. How committed are you to perfecting your skills? Are you dedicated enough to take on the harsh markets and adopt the proper habits and behaviors that will help you succeed? The truth Read More…
When it comes to timeframes for futures contracts, there is no actual time limit. If there is a futures contract that manages not to expire within a couple of years – you can still enter it. Not many people are interested in joining futures trading within this time frame, but you can still place trades Read More…
Becoming a profitable trader doesn’t happen overnight. Instead, it takes years of hard work and dedication to perfect your trade, master your strategies, and develop the right approach that leads to the most desirable outcome. It also takes time to adopt the necessary habits that can set you on a path to success. Many of Read More…
Trading in the financial markets comes with its share of risks. High-paced financial markets keep constantly changing, so it’s vital to calculate the risk of every investment to estimate the potential profit before placing a trade. That’s one of the critical steps to being a successful trader and earning much more than you lose. To Read More…
Without going into too much detail, this is a big deal. Some analysts at the major rating agencies warn that if Evergrande defaults, it is nearly as bad as Lehman Brothers and Bear Sterns in how it could impact the global economy. Uncertainty with Evergrande’s solvency will compound tension that already exists with rising food Read More…
For a long time, humans have been involved in trading precious materials. Gold is one of the most popular precious metals on the market, and there are many different ways people can trade it today. It has held its value for a long time and was the standard to which the value of fiat currencies Read More…
While every trading strategy can be considered unique as it comes with the personal touch, they all boil down to two things. First, trading strategies are either profitable or result in losses. Second, whenever you trade, you assume a measure of risk that could lead to potential losses. But what if there was a way Read More…
