Many brokers have a demo account in their offers. Conditions of using it vary, so you must check carefully the terms with your broker. Most often, a demo account is free of charge and possible to utilise as much as you want to. It is supplied with virtual cash and there is always a possibility […]
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People are different and so are their trading styles. Some prefer entering positions for a short time, while others would rather choose long-term transactions. Traders have their preferences regarding every aspect of trading, market volatility, investment amount or risk tolerance. Moreover, some will eagerly use the advice of more experienced ones and some will learn […]
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Your trading must be tailored to your needs and preferences. That is why it is very important to get to know them. You should define what kind of trader you are and choose a trading style accordingly. Generally, we distinguish four trading styles. The main difference between them lies in the duration of transactions made. […]
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The decision which market to choose for day trading is of great importance. It will influence your future actions and results. To make such a decision, you will need basic knowledge about different types of markets, their volume, liquidity and volatility. Today’s article will guide you through this topic. The overview of different markets Stock […]
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A very important task for you as a trader is to define your own trading goals. It will help you to stay on the right track during the journey. Having good goals set strengthens your consistency and discipline. The only catch is to choose correctly. The purpose of today’s article is to explain the importance […]
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Trading seems attractive to many because people think this is a fast and easy way to get rich. Well, it is possible, but let’s not fool ourselves. Trading is hard work. You need to invest your time and practice a lot. The key is to be a better trader and you can achieve it by […]
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Digital trading is not just an advantage to brokers anymore; it is a necessity. Trading automation has become commonplace now that everyone can access the essential tools needed to build digital systems. If you are new to trading, there is a good chance you are aware of the intricacy and volatility of the Forex space. […]
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Technical analysis tools can be generally divided into two types. The first type will be lagging indicators and the second one – leading indicators. On most trading platforms you will find a wide choice of both kinds. It is important for your trading though, that you know what is the difference between them and when […]
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A demo account is a marvellous feature offered by many brokers. You get the possibility to try new methods, indicators and strategies. And all this without risking your own money. But, of course, you did not come to the trading platform just for fun. You want to earn money that you will be able to […]
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More and more people decide to join the foreign exchange market, and it is not surprising: it is the world’s largest financial market trading several trillions of dollars each day. What to do if you want to give it a try but lack essential knowledge? Since there is no centralized marketplace in this field, each […]
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