Explained for beginners: Time management in forex trading

Forex trading is a complex activity that requires traders to have a thorough understanding of various factors that can influence the market, including economic data releases, geopolitical events, and trading sessions. Time management is an essential aspect of successful Forex trading because it can significantly impact a trader's profitability.

How to avoid the most common mistakes made by forex traders?

The world of foreign exchange trading can be quite daunting, especially for beginners. It is important to remember that trading always involves some level of risk and loss, but this doesn't mean that one cannot minimize those losses. In this article, we will examine the most common mistakes made by traders and analyze how to avoid them to achieve success in forex trading.

Explained: pipsing strategy (part 2)

The general pipsing strategy involves:
Short stop order: To achieve the result, you need to set the stop loss as close as possible to the trade opening price (remember that stop loss is necessary to reduce risks if the price moves in the opposite direction). Pipsing provides a minimum profit from each trade because a trader simply cannot afford a long stop. In this case, one deal closed with a long stop order will eliminate ten profitable ones.

Explained: pipsing strategy (part 1)

Forex trading is a popular way of earning money online. There are several approaches to trading in Forex, including long-term strategies, intraday trading, and pipsing. In this article, we will discuss pipsing strategies, their advantages, and drawbacks, and provide a general idea of pipsing strategies.

Understanding of the advantages and disadvantages of trading Forex and CFDs with and without leverage

Forex and CFDs are popular financial instruments used by traders to speculate on price movements in various financial markets. These markets can be highly volatile, and traders often use leverage to increase the potential profits of their trades. However, leverage also magnifies the potential losses, and trading with leverage can be risky for inexperienced traders.

Explained for beginners: black swan theory

The term "black swan" refers to an unexpected and rare event that has a significant impact on financial markets. The concept was popularized by Nassim Nicholas Taleb in his book "The Black Swan: The Impact of the Highly Improbable".

The manual of forex investment plan

The foreign exchange market, or forex, is the largest and most liquid financial market in the world. Trillions of dollars are traded on a daily basis, making it a popular choice for investors looking to diversify their portfolios and potentially generate significant returns. However, forex trading involves a high level of risk, which is why having a well-structured forex investment plan is crucial.

How to avoid overtrading in forex trading?

Overtrading is a common problem that many traders face in forex trading. It occurs when traders execute too many trades in a short period, often beyond their own risk management plan or trading strategy. Overtrading can lead to reduced profitability and increased risk, and it can be caused by several factors, including emotional trading, impulsive decision-making, or a desire to make up for previous losses.

What does decreasing the exchange spread mean to the forex readers?

When it comes to trading, the exchange spread is a key factor that can have a significant impact on a trader's profits. Put simply, the spread is the difference between the price at which you can buy an asset and the price at which you can sell it. This spread is how exchanges make money and can vary widely depending on the exchange and the asset being traded. In recent years, there has been a trend towards decreasing exchange spreads, but what does this mean for traders?

What the forex traders could do on the weekend?

Monetary policy is the process by which a country's central bank manages the money supply and interest rates to achieve specific macroeconomic objectives, such as controlling inflation, promoting economic growth, and maintaining financial stability. Central banks use a variety of tools to implement monetary policy, including open market operations, reserve requirements, the discount rate, interest rates on reserves, and forward guidance.

Monetary Policy: Implementation Tools and Their Effects

Monetary policy is the process by which a country's central bank manages the money supply and interest rates to achieve specific macroeconomic objectives, such as controlling inflation, promoting economic growth, and maintaining financial stability. Central banks use a variety of tools to implement monetary policy, including open market operations, reserve requirements, the discount rate, interest rates on reserves, and forward guidance.

Explained: Dow Theory

Dow Theory is a method of technical analysis developed by Charles Dow, the founder of the Wall Street Journal, in the late 19th century. It is a framework for understanding the behavior of the stock market, and its principles can also be applied to other financial markets, including the forex market.

Social Trading vs Copy Trading: Which One is Right for You?

In recent years, social trading and copy trading have become increasingly popular among traders looking for new ways to improve their trading strategies and outcomes. But what exactly are these two approaches, and how do they differ?

Ways to help you avoid trading losses in forex trading

Forex trading is an exciting and potentially lucrative endeavor. It involves buying and selling currencies in the hopes of making a profit. However, trading is not without risks, and losses can occur just as easily as gains. To avoid trading losses, there are several key strategies that forex traders can employ.

Explained: collar strategy

Investors may use a collar strategy when they believe in the long-term potential of a stock but are concerned about short-term market declines. This approach can also help lock in profits while sacrificing some potential upside. Activist investors and takeover artists may also use a collar strategy to protect their equity position in a target company.