Venturing into the world of Forex trading is like stepping onto a battlefield. Success doesn’t just come from courage or instinct—it stems from preparation, strategy, and the tools at your disposal. Much like a seasoned soldier would never go to war without a Swiss Army Knife, a wise Forex trader should never enter the market […]
As a trader you may, encounter technical issues with your trading platforms, tools, or brokers can be frustrating. Whether you’re dealing with a slow MetaTrader 4 (MT4) setup, struggling to execute trades, or facing issues with your broker’s trading platform, the way you seek help can make a big difference. Properly asking for support ensures
Latency arbitrage is an advanced automated trading strategy used in the Forex market to exploit tiny price discrepancies between brokers. By leveraging differences in execution speeds, traders can capitalize on fleeting inefficiencies before the market corrects itself. While the concept sounds simple, its execution is fraught with challenges primarily due to broker resistance. In this
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
The tutorial has been completely revamped to reflect the most current and easiest way to install new expert advisors in MetaTrader both MT4 and MT5. Since MT4 Build 600, there is no difference in the way it is done in the two versions of the platform. Using MetaTrader expert advisors is simple, but sometimes people get confused about it. After downloading an expert advisor file, a user might get stuck with it
Like a bar chart, a daily candlestick shows the market’s open, high, low, and close prices for the day. The candlestick has a wide part, which is called the “real body.” This real body represents the price range between the open and close of that day’s trading. In the first part, we are going to cover how to read
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
In trading, TP is a short form of ‘Take Profit’. It is not a strategy that you can trade but it indicates the price where you will be taking your first profit (TP1) your second profit (TP2) and your third (TP3). If you are a trader you have come across the terms “TP1” “TP2” and
Are you in search of the best VPN services tailored for WordPress users, forex traders, or anyone working online? A reliable VPN not only safeguards your privacy and secures your data but also grants access to websites restricted or censored in your area. Nonetheless, navigating through the multitude of VPN options available can be daunting.
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