Category Archives: Education
What Are Commodities & How Do You Trade Them?
Written on May 19, 2023 at 7:38 am, by maria
What are commodities? In simple terms, commodities are the raw materials that are harvested, collected, and processed into everyday goods and services used by humans. Unlike stocks or bonds, commodities are physical materials and goods. Trading commodities can be potentially profitable due to their price fluctuations, but they also carry more risk compared to bondsContinue Reading
10 Tips for choosing the perfect time to trade forex
Written on May 12, 2023 at 11:09 am, by maria
Forex trading can be a profitable venture if you have a good understanding of the market. One of the critical factors to consider when trading in the foreign exchange market is timing. Knowing the best time to trade Forex can help you maximise your profits and minimise your losses. Here are ten professional tips onContinue Reading
Top 10 tips to create and stick to your trading plan
Written on May 12, 2023 at 10:57 am, by maria
Forex trading is no walk in the park. It requires knowledge, patience, and discipline to succeed. One of the keys to success in Forex trading is having a well-crafted trading plan that you can stick to. This article will share the top ten tips for creating and sticking to your Forex trading plan. 1. DetermineContinue Reading
10 essential tips on mastering the psychology of trading
Written on May 12, 2023 at 10:43 am, by maria
Forex trading is a challenging game of skill, strategy, and psychology that requires a sharp mindset. Although mastering the technical aspects of trading is vital, controlling your emotions and developing a strong psychological approach to trading are equally crucial. This article presents ten tips on Forex trading psychology to help you enhance your trading mindsetContinue Reading
10 Tips on how to learn trading forex from scratch
Written on May 12, 2023 at 10:25 am, by maria
Forex trading can be an exciting and lucrative way to invest your money, but it can also be daunting for beginners. Where do you start, and how do you build a strong foundation for success? In this article, we’ve covered you with ten top tips on learning to trade Forex from scratch! 1. Start withContinue Reading
When to Trade Forex: Is there a best time?
Written on May 12, 2023 at 8:34 am, by maria
Forex trading is a global market that operates 24 hours a day. And it is important to know the best times to trade in order to maximise your profits. The Forex market can be divided into four major trading sessions: the Sydney session, the Tokyo session, the London session, and the New York session. TheContinue Reading
How to Trade Forex: A begginer’s Guide
Written on May 11, 2023 at 11:58 am, by maria
There are several ways to trade Forex, and each method has its own advantages and disadvantages. The most popular financial instruments used in Forex trading include retail Forex, spot FX, currency futures, currency options, currency exchange-traded funds (or ETFs), Forex CFDs, and Forex spread betting. Retail Forex is a way for individuals to participate inContinue Reading
What is Traded in Forex: The most actively traded currencies
Written on May 11, 2023 at 11:04 am, by maria
To be short, the answer is “currencies”. When we want to talk about different types of currencies, we use three-letter symbols to represent them. The first two letters in the symbol tell us which country the currency comes from, and the third letter tells us the name of the currency. For example, USD stands forContinue Reading
What is Forex Trading: A comprehensive overview
Written on May 11, 2023 at 9:37 am, by maria
Forex is a short term for “foreign exchange,” which means changing one currency to another. Let’s say you’re travelling from France to the United States. You’ll need to change your euros to US dollars. When you go to the bank, you’ll see a big board with names of different currencies and numbers. This board showsContinue Reading
United States Non-Farm Payroll: What is it and why is important
Written on May 9, 2023 at 7:16 am, by maria
What is NFP and Why is Important? The Non-Farm Payroll (NFP) report is a monthly economic release that provides insight into the employment situation in the United States. It is a highly significant economic indicator and is widely used by investors, traders, and policymakers to evaluate the health of the U.S. economy. Impact of NonfarmContinue Reading