Forex Trading and Miscellaneous

Like any other industry, some traders in forex fail and some succeed. There are some famous statistics that circulate on internet. Although it is not official. Nevertheless, it is believed that about 95% traders fail, and only 5% are successful. But how can you join the number of these 5% lucky ones? Always look for […]

If you are thinking about starting trading in Forex and want to do it as efficiently as possible, you should know that choosing the right time is of great importance. To do this, experts recommend building an optimal schedule, which will indicate the most active Forex hours. Using this material, which contains up-to-date data on

Trading is not like gambling, where the luck factor plays an integral role. The best investment so far for a trader is his time, time to invest in learning, and gaining successful trading experience. Thinking of making money fast and ending up in grudges is something common for newbies. To be profitable in the long

The carry trade strategy involves selling the currency of a country with lower interest rates and buying a country’s currency with higher interest rates. In other words, a trader borrows money at a lower rate and lends at a higher rate. The difference between the two rates is his profit. With high leverage, even a

Beginners usually get scared by their initial step in Forex. They start to consider it an impenetrable fortress that is impossible to breach without any basic know-how because it is abstract to them. Market trends, charts, currency rates, bases, and other things make them afraid and demotivated. But in reality, Forex is not that much

We all know that trading can be ruinous not only in financial terms but emotionally as well. An individual can’t invest if he can’t bear with the outcome. Losses feel devastating but how you deal with immense loss is more important than the loss itself. Craving for a gain against loss is desirous for every

People usually get trapped by shady groups posing as if they are a pool of knowledgeable traders. These groups appear to be so appealing and promising that a newcomer tends to join and seek help from what they offer and eventually get deceived in return as they give money to such groups by trusting them.

There’s this kind of algorithmic trading that features trading in the foreign exchange market with high order-trade ratios and high turnover rates; it’s done rather fast, too. It’s called HFT or high-frequency trading. Since it covers various subjects with regard to algorithmic trading, HFT trading comes with nary a single definition. And, while it’s a

Although the psychology of the market remains the same from year to year but some market conditions keep changing. What was profitable yesterday is not the fact that it will be profitable tomorrow. The task of the trader is to adapt to the current conditions in time and continue to earn. The same goes for

Sooner or later, one way or another, traders resort to the help of robots. Robots are different in their functionality. Therefore they are called trading robots, but there are also robot assistants that only indicate the possibility of a transaction. It doesn’t matter which one you choose. The setup will be the same. For the