Back testing your trading strategy to maximize your profit
3 years ago forexsimulation 0
Forex market is extremely volatile in nature and making consistent profit in the retail trading industry is very hard.If you do some research you will be surprised to see that almost 90% of the traders are losing money. The new traders often think that this is the perfect place to become a rich person within Read More
Habits of the professional currency trader
4 years ago forexsimulation 0
The financial market is wonderful in the point of view of professional traders because they have succeeded in it. If you ask a naïve trader they would say it is a complicated market because they have not seen the simplest side of the market. They have not studied the CFD market to trade it well. Read More
Taking help from online resources
4 years ago forexsimulation 0
As a trader, you will see that there are lots of online resources. Most of these resources are for helping the traders and it is up to you how much help you can take from them. Most people who begin their career in Forex has no idea of the investment market. It is their first Read More
How to master price action trading strategy
4 years ago forexsimulation 0
The Forex market is risky but there is a best way to trade the market i.e. through price actions strategy. If you are not familiar with price action you will not be able to succeed in trading because it is the key to success. If you consider the Forex traders in the United Kingdom they Read More
Important points to learn if you are a trader
4 years ago forexsimulation 0
As a trader or an investor, there are many things you should learn. You cannot become successful without learning the market. A good learner will be able to succeed in the market. If you consider the Singaporean traders they are successful in the market due to learning more and more. They never cease learning because Read More
Some basic rules of investing in Forex market
4 years ago forexsimulation 0
Forex market is not your stock market where you can rule the market. This market is very hard to make money and most traders in this investment market are always at loss. They do not know how to make money and still because it has got the largest liquidity in the world, they keep on Read More
Understanding Currency Names
4 years ago forexsimulation 0
Professional traders and not only, are not using the full name of a currency when addressing it. When you spend the whole day watching markets and the way price action for a currency is moving, then addressing it with the whole name is time-consuming. Therefore, a currency short form appeared. Moreover, these short form is Read More
How much leverage should you take in Forex?
4 years ago Forex 0
Leverage is a very important part of Forex knowledge. Leverage is the advantage where traders with small capital can trade the market for big trades. It gives them the opportunity to trade the market as if they have a large account. Though it is very profitable for traders who have mastered the art of using Read More