4 Forex Trading Myths Debunked

4 Forex Trading Myths Debunked
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4 Forex Trading Myths Debunked There’s no denying that forex trading can be a tricky arena, and that careful consideration needs to be taken before every trading decision. What makes this field even more competitive, however, is the wide variety of myths that sometimes dictate, and complicate, otherwise good trading decisions.  Keeping this in mind, […]

The Most Important News to Look Out for As a Forex Trader

The Most Important News to Look Out for As a Forex Trader
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There is no doubt that news plays a massive role in the day-to-day decisions you make as a forex trader. News trading has risen in popularity over the years, partly because it gives forex traders the chance to earn massive profits in a short period, if executed correctly. However, it’s important to remember that not […]

Are You a Trader or An Investor? Learn the Differences!

Are You a Trader or An Investor? Learn the Differences!
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Broadly speaking, we can argue that there are two types of people that are active in the financial markets; traders and investors. This is true whether we are talking about the forex, crypto, commodities, or stock market, although the difference between these two groups is perhaps more pronounced in the stock market than it is […]

Forex Trading Opportunities in November

Forex Trading Opportunities in November
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October was surely an interesting month in the forex market. First and foremost, we saw a drama unfold in the UK as prime minister Boris Johnson battled with parliament over Brexit, with the Pound surging as a result. Additionally, we have seen the US stock market rise to new highs, despite trade wars and increasing […]

Personality and Trading Style: How to Find the Perfect Match

Personality and Trading Style: How to Find the Perfect Match
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Every person is different and, hence, trades differently. It is vital for every trader to determine which of the four primary trading styles – day trading, position trading, scalping, and swing trading – suits them, and their long-term needs and goals.  The key difference between the four trading styles introduced above is the length of […]

Five Ways to Avoid Forcing Your Trade

Five Ways to Avoid Forcing Your Trade
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A “forced trade” is essentially what we call trades that you take on by sidestepping your usual trading rules, either by engaging in a trade that’s too large, or merely trading more often than you should. Although this perhaps sounds innocent, making forced trades is really one of the most common, yet most serious mistakes […]

Four Things You Need for the Perfect Home Trading Room

Four Things You Need for the Perfect Home Trading Room
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Regardless of what you’re working on, the ambiance matters. Putting careful thought into designing the area where you work will significantly enhance your efficiency. Whether you’re an experienced forex trader or are just getting started, a well-designed trading room will undoubtedly help you out. So, what should you focus on while creating a trading station […]

Life Lessons You Can Learn from Forex Trading

Life Lessons You Can Learn from Forex Trading
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The single reason that most traders cite as their main motivation for getting into forex trading, without a doubt, is money. And that’s not a bad thing, as forex trading can certainly be a great way to make a lot of money. And just to set the record straight: There’s nothing wrong in acquiring wealth […]

How to Manage Forex Trading Risks

How to Manage Forex Trading Risks
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Managing your risk in forex trading is the key to become a successful trader and make money. A lot of times, traders lose money not because of lack of skill, but due to poor risk management.  In this article, we will discuss the different methods that are available to minimize risk in forex trading, helping […]

Divergences and Why They Work in Trading

Divergences and Why They Work in Trading
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Divergences between different technical indicators, and between indicators and price, is an interesting concept in technical analysis that appears to work remarkably well. In this article, we will take a closer look at what they are, why they work, and how you can use them to profit consistently from any financial market – forex, stocks, […]