Foreign Exchange, commonly known as forex, is a large industry that makes it possible for people to buy and sell currencies for a profit. It is the most liquid market in the world, with its daily trading volume being worth over $5 trillion.This asset is very popular among...
Day trading is not for the faint hearted. It is a complicated process that produces more failures than success stories.Studies estimate that more than 80% of people who start day trading often lose money in the process. The success rate is usually negligible, including among some of the...
Money is a tool that helps you achieve your goals. It provides your family with enough comfort and stability, making it easier to plan for the future and allowing you to save enough money for achieving new milestones you have never reached before. However, it’s important to know...
Confirmation is an important concept in day trading. It refers to a situation where traders use technical indicators or other price action techniques to confirm asset movements. This confirmation can be breakouts, reversals, and continuations.In this article, we will look at some of the best techniques to confirm...
Day trading is often seen as an easy and relaxed way to make money online. This view has been supported by many online traders who seek to attract people to their trading courses. However, the reality is that trading is more complicated than that.It is a tough industry...
Testing is an important part of day trading and investing. It is a process where you test whether your strategy is working or not. If it is not working, you will move ahead and tweak it to improve it.There are several ways to test the efficiency of our...
Forex trading is a popular industry that lets people make money by exchanging one currency for the other. It is a large industry that processes trillions of dollars every day, making it bigger than the stock, cryptocurrencies, and commodities.There are many different approaches to making profits in currencies,...
Do you know that it is possible to be married to a stock or any other asset?A good example of this is Ron Baron, one of the best-known investors, who is a leading investor in Tesla. Baron invested $400 million in Tesla in 2014. At Tesla’s peak, Baron’s...
Buy the dip is a situation where traders focus on purchasing financial assets whose price has dropped substantially. The concept is that if you buy the dip, you will take advantage of the asset as its price makes a comeback.In this article, we will look at what buying...
Liquidity is an important concept in the financial market. It has two main connotations in a macroeconomic and microeconomic sense. In macro, liquidity is defined as the overall flow of money, which is influenced by a central bank.On the other hand, in microeconomics, liquidity refers to the available...