The harsh truth is that most Forex traders, with statistics showing over 90% losing their money and 80% of day traders failing to survive the first two years. Why? The reason for this high failure rate is due to a flawed perception of the market. Many new traders enter the market with the misconception that…
To trade or not to trade? This is a question that traders always keep in mind before they are making a decision. You’ve probably heard of the saying that 90% of traders fail in their first year. I’m not sure how accurate it is, but I have to admit that I’m leaning toward thinking it’s…
Order blocks may be a useful tool for traders in identifying market trends and determining effective trading decisions. Table of Contents 1. What Are Order Blocks?​ A trading order block is a large number of assets that are being traded consecutively. Typically, it refers to a single transaction or series of transactions that reflect a…
One day trading strategy that is very well-liked by forex traders is the use of a technical indicator’s divergence from the movement in a market price. If you spot market price volatility, do you know what technical indicator to use to maximize profits or minimize losses? Below, we’ll look at what a divergence is, which…
Swing trading is undeniably getting more popular than other trading strategies. In this article, we’ll go over some of its fundamentals to see why it’s so popular, especially among part-time traders! Table of Contents 1. Swing trading definition 1.1 What is swing trading? Swing trading is a basic style of trading where traders hold assets…
On a price chart, supply and demand zones show areas where an asset’s price has met strong resistance or support. These zones might help traders forecast where an asset’s price is likely to change direction. Table of Contents 1. What are Supply and Demand? Supply and Demand are two of the most important economic concepts….
Even while it may be difficult to find excellent, devoted trading mentors in today’s market, there are a large number of other forex traders that are more than eager to share advice/trading tips with you and assist you in becoming a more successful trader. Let’s take a look at 4 trading tips that are often…
There are numerous trading styles available on the market for traders to apply and select the best ones. But before embarking on any kind of experience, you need to learn about it first. This article will summarize the most basic information about scalping – one of the most popular trading styles. Table of Contents 1….
Forex traders increasingly choose non-repainting indicators over in-depth analyses when tracking potential price movements in the future for day trading. This development makes picking the best non-repainting Forex indicator for day trading difficult. Not to worry. We are here to help you decide which non-repainting indicator is optimal for forex trading. This article attempts to…
There is no “Holy Grail” indication that will guarantee profits in the forex market, as most technical analysis classes would tell you. That is not to say you should abandon your hunt for the “best” technical indicator that works for you. Remember that you may always combine indicators or change their settings to create a…
