The past decade has seen Contracts for Difference (CFDs) grow immensely, and the curve is expected to continue to even greater heights. CFDs are popular because they allow you to make short-term investments with low capital. However, just like any investment, CFDs come with their own risks. They may be an attractive way of investing, […]
Category: Forex Trading Strategies
3 Minimum-Risk Forex Trading Techniques that Work in 2021
Forex trading has become the most lucrative financial market in the world-trading almost $7 trillion every day! For new traders and pros alike, this market provides the opportunity to compete at the highest level, but only if you know what you are doing. For most people, the forex market is volatile, risky, and unpredictable. […]
Why Trading Forex CFDs Is a Good Idea
You have probably come across the typical traders’ worry, “Is trading CFDs a good idea?” Some traders will advise you to keep off forex CFD trading because itis a gamble. And could lead to a 70% to 80% loss to your trading account. That begs the question: if forex CFDs trading is not a viable […]
Who Is a Floor Broker in Forex Trading?
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 […]
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 […]