May 2021

The Benefits of Strategy Trading

I wrote earlier article about the strategy traders who trade the strategies. From my point of view, I believe that if traders stick with trading strategies which have been properly back-tested, they can make more money than trading any other way. Making more money is not the only reason that strategy trading is a good method in trading. There are other benefits as well.

In this article, we will talk about a few obvious benefits of strategy trading.

Let’s begin with the most important one. The most important benefits of strategy trading is it will …

Forex Trading Software – The Reason Traders Dont Make Money With These Packages

Forex trading software is presented as the road to easy money, simply pay a hundred dollars or so and sit back and earn an income for life with no effort but the reality of using these software packages is losses.

Common sense should tell users, that these packages are not going to work because they present track records that the world’s top fund managers cannot match (despite the fact these top traders are paid multi million pound salaries) but the user is promised bigger gains with no …

Signs Your Forex Position Is About To Be Overrun and What To Do About It

Gaps are truly a tough call with the Forex market. Reason being the forex is open 24 hours a day, 5 A� days a week without interruption.

If you’re a trader in the forex market you really need to focus on the “intra-day” time frame of (32 minute, 64 minute candle charts) if you see gaps on these candles, take notice of their direction.

When the price is gaping in your favor that’s great. If the price is gaping contradictory to your position, you may …

Benefits of Automatic Forex Trading Software

Forex is short for foreign exchange and it is the process of trading for money in one currency and selling it when that currency rises in value. Before the advent of automatic forex trading, only banks were able to successfully make money from forex trading. With new automatic forex software, even a new person can make money from forex trading. This type of forex software uses several methods, in addition to normal strategies practices by people, to help ensure that money is made. Then can even do the transactions automatically after some careful set …

Day Trading Strategies for Beginners

Day trading is the practice of buying and selling financial instruments, such as stocks, stock options or equities, within the same trading day and to have your positions closed before the market close for the day. Day trading used to be exclusive to financial firms and professional investors, but the advance of technology has seen the growth of day traders working at home.

With its quick returns, day trading is very profitable when you do it right. But its highly volatile nature can also make you extremely unprofitable. It can be a difficult skill to …

Automated Forex Trading System – How Does it Make Money For You?

Look around you today, there is nothing on this planet earth that has not gone through automation process. As we all know forex market with it amazing potential has made so many people to develop interest in this area of investment. Because of the increase in size of traders, a group of professionals have come together to develop automated forex trading system that would make life more easier in currency trading.

Now, lets look at how automated system works in making money for you.

1. Installation

The first …

Finding the Best Trading Platform

Foreign Exchange business or known as Forex trade is one of the large market in the world. Forex trading platform is software used by the people who are into the business. It basically served as the interface between the trader and the broker. There are different business platforms available in the market today. For some, choosing the best platform is difficult. Choosing the right platform depends on what business strategy you are using. The platforms will allow you to do business easily and effectively.

There are many things you need to consider in choosing the …

What is Forex Currency Trading?

Foreign exchange trading – often shortened to forex trading or even just fx trading – is the purchase of one currency while simultaneously selling another.

Currencies trade in pairs, like euro/US dollar (EUR/USD) or pound sterling/US dollar (GBP/USD). The first currency listed is known as the ‘base’, and the second is the ‘variable’. The value of the base currency is always 1.

Unlike trading on the stock market, forex trading does not take place on a central exchange. Instead the foreign exchange market is an OTC (over-the-counter) market. The main forex trading centres are in …

Trading the Forex Markets In Today’s Environment

The currency or Forex markets could be said to be the most important in terms of volume of transaction and range of uses. Not only is it a popular for day trading and working from home, but its uses and participants extend from the individual traders to the central banks of governments. This makes a very interesting and fast moving market that is ripe in opportunities to extract daily profits.

The sophistication and participants involved in the Forex market make it a very challenging environment to trade because so many factors come into …