There is no doubt that risk management plays a vital role in trading; it arguably separates successful traders from unsuccessful ones. Incorporating risk management in trading helps to eliminate bad trading habits such as fear, greed, clinging to losing trades, etc., and helps prevent you from losing most if not all your trading capital. There 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…
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…
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…
Understanding different chart types and recognizing important price patterns will help you optimize your trading, whether you are a beginner or an experienced trader. Alongside fundamental and or technical analysis, the ability to recognize a trend reversal or a continuation pattern should enhance your trading skills, Whether you trade forex, futures, fixed income, equities, or Read More…
Historically, market analysts have divided themselves into technical and fundamental analysis practitioners. Still, in the end, every bit of information in the investment market counts, and the consensus has recently become a mix of both approaches. Considering that each asset’s price represents the consensus of value of all market participants, it is recommendable to understand Read More…
Have you ever heard about “day-traders”, and how they earn money daily by trading financial assets or derivatives like futures contracts? If you are interested in the world of trading or want to know if it is a feasible way to increase your daily earnings, this article is for you. In this article, we will Read More…
You should have heard about volume, price movements, a moving average, support and resistance levels, and overall, technical analysis. It is more popular than you think. Almost all investors in the financial industry follow price action analysis and technical analysts are among the best-known people in the market. But why? The reason is clear, history Read More…
Trading could be an exciting career, however, it comes with high risks. It is not easy to succeed, but not impossible. Knowing what trading is and how to navigate all the information you should deal with after opening a brokerage account is essential. Someone who wants to be a trader has more available tools day Read More…
