One of the most common mistakes made by beginners is not having a plan. A trading plan outlines the strategies and techniques that you’ll use to execute trades and manage risks. Without a plan, you’re ...
I’m a day trader. Or rather I aspire to be a day trader. Every day I trade the foreign exchange (forex) market, but, until recently, I haven’t had much success. Then I met some folks on Twitter who ...
Forex trading has a reputation for being complex, filled with charts, technical terms and endless market chatter. But at its heart it is surprisingly simple. You are buying one currency while selling ...
As you may know, financial markets move up and down throughout the trading day. Because of this, some traders like to use automated ‘orders’ to enter or exit a trade when a market reaches a specific ...
Trading with margin is a new concept for many novice market participants, and one that is often misunderstood. Margin is the minimum amount of money required to place a leveraged trade and can be a ...
Forex is tagged as the world's most liquid and largest financial market trading trillions of multiple currencies on a daily basis. This over-the-counter (OTC) market is completely devoid of a ...
I have been asked a lot of follow up questions about the lesson on futures versus the spot forex in our Forex Essentials Course. (Here's a link to the course if you ...
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Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nearly 30 years ago, the foreign exchange market (forex) was characterized by ...
Thank you for signing up for the webinar. 20 minutes before the session starts, a 'Start Webinar' button will appear on this page. Click the button to access the webinar. Never miss a session by ...