Day trading is an exhilarating yet challenging endeavor that demands skill, discipline, and continuous learning. Whether you’re just starting or looking to refine your strategies, having the right educational resources can significantly impact your success. In this comprehensive guide, we’ll explore the best day trading books for beginners and advanced traders, along with essential educational […]
Trading is often likened to riding a roller coaster – an exhilarating experience filled with highs and lows. While the thrill is undeniable, there are moments of fear, nervousness, and a sense of powerlessness. In such challenging times, it’s crucial not to succumb to panic or the temptation to give up. Instead, turning to motivational
Skrill (formerly Moneybookers) is a leading digital wallet and payment platform owned by the Paysafe Group. With over 40 million users worldwide, Skrill has become a popular choice for online transactions, particularly among forex traders, online brokers, and gaming enthusiasts. In this in depth review, we’ll look at Skrill’s key features, advantages, drawbacks, and whether
The foreign exchange market (Forex or FX) is the largest and most liquid financial market in the world, with a staggering daily trading volume exceeding $6.6 trillion—far surpassing the stock and bond markets combined. At its core, Forex trading involves buying one currency while simultaneously selling another, with the aim of profiting from fluctuations in
Pin Bar, which is short for ‘Pinocchio Bar,’ is a single candlestick setup that clues price action traders into potential reversals in the market. A pin bar candle is an elongated wick that ‘sticks out’ from price action. Traders will usually look for one-sided wicks that are two times the size of the body of the candlestick. I. Identify pin bar
When it comes to online trading, choosing a reliable and well-regulated broker is crucial. XM Global, a part of the XM Group, has established itself as a trusted name in the industry since its inception in 2017. Regulated by multiple financial authorities, XM serves over 2.5 million traders across 190+ countries, offering a seamless trading
It is said that the failure rate in the forex industry is very high, with more than 90% of traders quitting the game within their first year of trading. Most of the traders in most cases are not aware of the common reasons why Forex traders fail to be able to prevent the same from happening. At
Trading on Quotex can be highly rewarding if you employ the right strategies. Whether you’re a beginner or an experienced trader, understanding different trading techniques can significantly improve your success rate. In this guide, we’ll look at the seven proven Quotex trading strategies, detailing how they work, when to use them, and essential tips to
How much should you risk per trade? This is probably one of the frequently asked questions by forex newbies. Well, the answer is to try to limit your risk to 2% per trade. But that might even be a little high. Especially if you’re a newbie forex trader. Here is an important illustration that will show
When entering the world of Forex trading, one of the first things you’ll encounter is the concept of leverage, margin calls, and stop-out levels. While these terms may seem intimidating at first, they are crucial for managing risk and protecting your trading capital. Unfortunately, many traders overlook their importance often with disastrous consequences. In this