Greetings, fellow traders! In the ever-evolving world of forex trading, new technologies continue to emerge, aiming to revolutionize the way we trade and conduct transactions. One such technology that has gained significant attention is blockchain. Known for its decentralized and transparent nature, blockchain has found its way into various industries, including finance. But what about […]
A forex economic calendar is a tool used by traders to keep track of important economic events, news releases, and indicators that can impact the currency markets. It provides a schedule of upcoming events along with relevant data, previous values, and market expectations. Understanding and utilizing a forex economic calendar is essential for traders seeking […]
In forex trading, understanding the concept of a pip is essential. A pip, which stands for “percentage in point” or “price interest point,” represents the smallest unit of price movement for currency pairs. However, in some cases, forex brokers quote currency pairs to an extra decimal place, allowing for more precise pricing. This fractional movement […]
There is no doubt that Exchange-Traded Funds, or ETFs, have become a popular investment choice for experienced and beginner traders. But are they suitable for beginners? We will look at what ETFs are, how they work and whether or not they are the right investment choice for you if you are just starting out trading. […]
There is no doubt that successful trading involves a great deal of skill and patience. But, even the most experienced traders can benefit from understanding what goes into a great trade. This blog post will look at some of the critical elements of a successful FX trade. By understanding these, you can put yourself […]
The short answer isno, you don’t need a broker to trade CFDs. You can trade them online through a CFD provider. However, you will need to open an account with a CFD provider. Some CFD providers also offer trading platforms, giving you more control over your trading. Some brokers offer CFDs as part of […]
Investing in exchange-traded funds (ETFs) is a great way to get exposure to various assets without having to pick and choose individual stocks. But with so many ETFs on the market, it can be tricky to know which ones to choose. Here are 10 ETFs that can help you trade smarter: SPDR S&P […]
CFDs, also known as Contracts for Difference – or financial derivatives in some circles – are a way to see your returns rise exponentially when the underlying asset starts to rise, and vice versa. Many people lose money because they don’t know how to set up their CFD strategy before starting. Eight helpful tips that […]
What is greed? Greed is not always what it seems at first sight. Sometimes people might think that they are not greedy simply because they do not take all their profit at once or occasionally lock in some small profits to reduce overall risk exposure. For example, a trader who takes 3% profit every […]
First thing in the morning A day trader will check their phone to ensure that nothing has happened overnight in the cryptocurrency space. Suppose they’re feeling particularly motivated or want to make some extra money. In that case, they might try their hand at arbitrage (a process where individuals attempt to profit from the price […]
