Traders must learn to recognize an underlying trend and trade around it to continuously make money in the markets. “Trade with the trend,” “don’t fight the tape,” and “the trend is your buddy” are all common clichés. But how long can a trend last? When is the best time to enter or exit a business? […]
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The financial market is home to many trading strategies. In general, these strategies are classified as technical and fundamental analyses. To make decisions in technical trading, traders use moving averages and Bollinger Bands together. Fundamental analysts refer to economic data, news, and other news as inputs when making decisions. Indicators used in economics include interest
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Every trader/investor must consider the risks involved before taking on a role in the financial world. Force majeure, manipulations of the Forex market by market makers, mistakes in technical analysis, or losing money due to a miscalculation of fundamental analysis can put your account at risk. There is no way to avoid risk altogether, but
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Reduced losses are possible with risk management. Accounts can also be protected from loss of funds with risk management. Losses may occur when traders trade. Managing risk is essential for traders who want to make money on the market. A successful active trading strategy requires this essential prerequisite but is often overlooked. It is possible
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Your trading career is heavily influenced by psychology. You will almost certainly feel your dynamic loss if you do not have a solid mental setup. In most cases, novice traders in Australia end up frustrated after losing significant amounts of trading capital. Thus, they engage in revenge trading. The majority of novice traders lose money
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There are few technical analysis types available when understanding the financial markets. Although order flow trading isn’t the Holy Grail of stock trading strategies, many trading professionals who work at significant hedge funds or prop traders swear by it. Using order flow to trade will allow you to understand better why the price chart is
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Beginners who want to learn forex trading from scratch should consider this guide. There are very many aspects to learn about forex trading. When you get started, it can seem intimidating and complicated. Nonetheless, do not give up. It’s true what they say: the sooner you start learning something, the sooner you’ll master it. In
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A forex trader considers indicators crucial when making decisions. They help them understand when the foreign exchange market is an excellent time to buy or sell, which helps them make informed trading decisions. It is a well-known fact that these indicators play a crucial role in technical analysis, and every technical analyst or fundamental analyst
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Many of you don’t know, but trading is all about the game of probability. A successful trader knows that any trade they are executing will bring a loss or a huge profit. To assess the overall statistical advantage of any trading strategy, it is important to execute a huge number of trades. Therefore, a trader
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One major element which leads to successful trading is the selection of the right currency pair. Selection of the one having huge potential for profitability plays a major role. Choosing the wrong currency pair will lead to money losses. This has been among a few of the forex market’s similarities with the stock exchange. Apart
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