A floor broker also referred to as a pit broker, is an autonomous affiliate of a trade who is certified in the execution of exchanges for merchants on the trading floor. The aim of a floor broker is to get the best prices for the merchants by competing against other traders. Hence, floor brokers are […]
Category: Forex Trading Strategies
Things Successful Forex Traders Do
Remember the saying, “Show me your friends I will tell you who you are”? It is true, one’s friends or the people you spend time with really define who someone is. It is about one’s behavior and the attitude one carries when doing what they do. The mindset that one has should not be an […]
Ways to Improve Your Forex Trading Mindset
Everything we do to succeed needs a mindset. A positive mindset will most of the time lead us in the right direction while a negative mindset will most likely derail us or lead us in the wrong direction. Whether it is school, your formal job, business, running errands having a positive mindset is necessary. As […]
Ways to Help You Make Consistent Profits in Forex Trading
Business is there to sell and make profits. A business that does not bring back any profit is simply not working out. Many operational businesses have invested to start selling. Profits are hence necessary for it to keep operating. If a business does not make profits, it would be hard to sustain it since there […]
How to Use Stochastic Oscillator to Create Your Forex Trading Strategy
It is a common trend to use a momentum indicator like stochastic oscillator to pinpoint potential trend reversals in Forex trading. Stochastic oscillator measures momentum by comparing the closing price to the trading range over a period of time. On the chart, stochastic oscillator is represented by two lines. There is the %K which is […]