How successful a day trader is depends on numerous factors, including the trading tactics employed, the trader’s attitude towards risk, and the trader’s starting capital. As of March 2023, a day trader’s annual salary typically ranged from $34,000 to $96,500. Day traders have a high failure rate because they trade speculatively and aggressively without diversifying […]
How Many Trades Can a Day Trader Make in a Day? Read More »
Contrary to popular belief, investing and market timing can work together to yield positive returns over the long term. To achieve this, you must abandon the “buy and hold” approach that characterises much modern investing. Incorporate technical ideas that aid in determining when to enter a trade, how to manage your position best, and when
5 Tips about Market Timings Every Investor Should Know Read More »
Swing trading is a method to make money in the financial markets by keeping positions from one day to several weeks. Most of the time, swing traders use technical analysis to figure out when and where to join and leave trades. Swing trading can be very profitable if a person has the self-control to keep
Open a Swing Trade Account: Steps to Follow as a Beginner Read More »
There are numerous distinctions between swing trading and scalping. Time, profit, risk, and financial management are just a few variables that can vary. Scalping is a high-risk trading strategy that is not appropriate for novice traders. Conversely, swing trading is beneficial for both novice and seasoned traders. What exactly is “swing trading”? Swing trading requires
What is the Main Difference Between Swing Trading and Scalping? Read More »
The US dollar and the Japanese yen are undoubtedly the most frequently traded currency pairs inside the foreign exchange market. Both seasoned shoppers and people who have never shopped do well with these two things. When will the market for USD/JPY start? Even though selling happens constantly, most people buy in the UK between 8:00
What Factors Can Influence the Trading of USD/JPY Currency Pair? Read More »
As the price of gold keeps going up around the world, more and more buyers are getting into the gold trading business. But traders should know that every deal comes with risks and act accordingly. Learn how to trade gold to use market trends to your advantage and protect your financial future. Take the current
Important Tips for Successfully Trading Gold (XAU/USD) Read More »
In the foreign exchange market, an ECN broker is a common term. However, many of us still need a firm grasp on what it is and how it might help us improve our trading. Every trader exploring new opportunities and advantages should consider using an ECN. What does “ECN Broker” means? When it comes to
Advantages of an ECN Forex Broker you should know about Read More »
This article will focus on the most reliable and robust reversal patterns found in the forex market. The risk-to-reward ratio for reversal patterns is typically rather favorable. We’ll review how to spot each pattern and profit from trading it. The market demonstrates a turnaround pattern when it reverses its previous trend, either rising or falling.
Which are the Powerful Reversal Patterns a Trader Must Know? Read More »
If price is everything, why do so many sellers need help making money from price changes? Most of the time, the answer is simple, and all it takes to improve your price action trade is a few small changes. This is easy to figure out. Here, you’ll find some tips for trading Forex price action.
Top 2 Forex Price Action Trading Tips for Beginner Traders Read More »
Gold and Copper Output Decline Barrick Gold (NYSE GOLD / WKN 870450), the world’s second-largest gold producer, reported around 0.95 million ounces of yellow metal and 88 million pounds of copper in the first three months of 2023. This was lower than the same period last year when it produced 0.99 million ounces of gold
Barrick Gold Reports Lower Production and Higher Costs in Q1 2023 Read More »
