Over the past few decades, trading platforms have changed a lot. Once, they were very simple pieces of software where investors could trade. Today, they are very complex and are not only created for the actual trading process but can also be used for complex market analysis. Everything was quite simple in the world of … Read more
A trader needs to know how to read the market. This is one of the conditions to be on the path to success. It will help in identifying the best places to open and close the position, predicting reversals of the trend and managing risk. You might hear the expression that the market is being … Read more
Many people dream about fast and easy money. Recently more and more individuals think about joining the trading business. In past, the stock market was available only for those working for big financial companies. But with the development of the internet and brokerage, getting into trading has become possible basically for everyone. The question is … Read more
There are a few types of price charts you can come across while trading. The most popular is the Japanese candlesticks. But is it the best one? How can you utilise another kind that is called Heiken-Ashi? Read today’s article and you will find the answers. What is the Heiken-Ashi candlestick? In Japanese, Heiken-Ashi (or … Read more
Traders usually open the transactions basing on the signals received from the technical analysis tools. Sometimes, a candlestick pattern or one indicator is enough to provide trading signals. Sometimes, traders use a combination of a few. Today’s strategy called a golden cross relies on two moving averages. Is it really such a golden method of … Read more
Forex, which stands for Foreign Currency Exchange, is a market where currencies are traded in pairs worldwide. For example, the EUR/USD pair means that you will exchange one unit of currency for another; in this case, the euro is compared to the U.S. dollar. Though Forex is a global market, most trades occur in the … Read more
Jason Briscoe (Unsplash) The COVID-19 pandemic has been a life-changing event in many respects. Government-imposed lockdown measures served to bring some industries to a standstill and caused great economic losses. Naturally, we are all looking for new ways to make money in these tough economic circumstances, and investing in stocks offer investors potentially great returns … Read more
A dream of every trader is to gain a fast and large profit. This is the main goal of trading. You choose a broker, get to know the platform and enter the market in order to win. But you must be prepared that a loss may also occur. It is not possible to win all … Read more
The levels called support and resistance are very useful lines on the price chart. They are of great help when determining the probability of the price breakouts and trend reversals. A lot of traders are relying on this tool. You should know what they are and how to use them properly. The basics of the … Read more
Managing money is very important. That is, every monetary transaction made requires some decisions so as to achieve the best bargain or profit. Therefore, a strategic measure in money management requires some specific plans together with controlled spending and knowledge of one’s investment. Money management is essential for a profitable trading. The main objective to … Read more