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: Tips
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 […]
Understanding Technical Analysis In Stock Trading
Analyzing financial markets is important to any investor. The technique used to analyse will be determined by multiple factors, such as whether the investment is long term or short term and also the kind of trading the investor wants to get into. Technical analysis is a form of prediction of changes in stock prices based […]
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 […]
Common Forex Trading Mistakes
When one is new to a business, they tend not to be too confident in the undertakings of it. This may lead them to make errors once in a while communicating to a client or explaining how a product is beneficial. A client is won by knowing that the product they are buying is worth […]
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 […]
How to Use Trendlines in Forex Trading
Another commonly used technical analysis tool in forex trading is trendlines. If used correctly, trendlines make excellent trading tools for forex traders, but they can become counterproductive and ineffective if used incorrectly. Incorrect use could also lead to falsely believing in the inexistence strength of a trend or the reversal of prices when the actual […]
Reasons Why Forex Traders Fail
When one ventures into a business, they get in having high hopes. There is always a future in someone one has ventured into. Unfortunately, it is not all businesses that are rosy. Sometimes people do it all right. They have the right capital, are in the right niche, and have targeted who is going to […]