All posts by bsuper

  • 26
    Nov 2020

    Why Forex Traders Break Their Trading Plans 

    By | No Comments
    |

    We all know that the forex market is open 24 hours a day, 5 days a week but that doesn’t mean that there are trading opportunities the entire day. It is important for us traders to learn to adapt to different market conditions and know when and when not to trade.  You may think that

    ...
    .

    TAGS:
  • 24
    Nov 2020

    Useful Tips for Part-Time Forex Traders 

    By | No Comments
    |

    In the advent of technology and the internet, aspiring traders don’t have to be a full-time broker or floor trader to have access to the markets. With just a computer and a stable internet access, you can now access the financial markets in the comfort of your home or even if you’re in a vacation.  

    ...
    .

    TAGS:
  • 22
    Nov 2020

    The Basics of Currency Trading

    By | No Comments
    |

    Key characteristics of the Forex market Forex stands for Foreign exchange.  Forex trades the foreign currencies. The Foreign Exchange market is the largest market in the world with a turnover of around $5.3 trillion per day.  The Forex market opens from Monday morning to Friday evening. During the week, the Forex market is always open. You can “buy”

    ...
    .

    TAGS:
  • 21
    Nov 2020

    Why Risk Management is Important

    By | No Comments
    |

    Risk management in forex trading is the most important thing you will ever learn as a trader. Risk management in forex trading should be the forefront of your trading strategy. If you lose everything, then you will not be able to make profit. The concept of risk management has always been relevant to all kinds

    ...
    .

    TAGS:
  • 19
    Nov 2020

    As a trader, have you experienced the need to find the “perfect” set up before executing your trades?   Some traders or even most of them are too focused in finding a perfect set up, tinkering on indicators and waiting on a secret information that nobody yet knows that may impact the trade or whatever it

    ...
    .

    TAGS:
  • 17
    Nov 2020

    How to Improve Your Trading Confidence 

    By | No Comments
    |

    Forex trading is one of the most difficult career paths to take. With a lot of uncertainties in the market, it takes great confidence and knowledge to survive in the forex market.  As we all know, there is no such thing as a sure-fire trading strategy to be profitable in the forex market. It is

    ...
    .

    TAGS:
  • 12
    Nov 2020

    What is Day Trading or Scalping? 

    By | No Comments
    |

    We all know that there a lot of different traders and each of them has their own strategies. Some prefer trading in the long-term trends and some prefer to lock-in their profits within the day by day-trading or scalping.  Day trading or scalping means you will trade in the lower time frames such as the

    ...
    .

    TAGS:
  • When it comes to forex trading, we often mention that making sound decisions in trading and getting rid of emotions when trading is most important.   What if your instincts are telling you something important but you quickly disregarded it, and later on when you checked the charts again, you realized that if you listened to

    ...
    .

    TAGS:
  • 7
    Nov 2020

    Benefits of Trading Forex 

    By | No Comments
    |

    There are many advantages when you trade forex over other market instruments. In this article, we will discuss the benefits of trading forex. Low Cost Typically, the cost of a transaction is built into the price in the forex market. Basically retail brokers make their profits from Bid/Ask Spread. Spreads as measured in pips Brokers may also charge

    ...
    .

    TAGS:
  • 5
    Nov 2020

    What is Psychological Capital? 

    By | No Comments
    |

    In forex trading, we all know that it is important to have a substantial monetary capital to fund your account. However, it is also important build your psychological capital as an addition to your educational investment.  Whenever a trader experiences some losses and gives up after a few losing streak, the reason for quitting is

    ...
    .

    TAGS: