Risk management is the cornerstone of successful trading. One of the most common questions new traders ask is: “How much should I risk per trade?” While the answer varies depending on experience and strategy, a widely accepted rule is to risk no more than 1-2% of your trading capital on any single trade. But why […]
To trade profitably involves many things and the important one is the ‘mindset’. The mindset of a successful person. You can’t find a profitable trader who doesn’t have that mindset. You need the mental strength to be on this journey without backtracking. This mental strength is not an inborn quality and it can be built
It was launched in 1984, the entire FTSE (Financial Times Stock Exchange) consists of in excess of six hundred companies, that make up approximately 98% of UK market capitalization. The ‘footsie’ is a term that most people have heard of, but relatively few understand its intricacies and significance. This page will break down its history,
Let’s be honest, trading can get discouraging at times. Even professional traders have losing months sometimes, so don’t be too hard on yourself. I think it’s good to remind ourselves sometimes just why it is we do this. A little positivity and fresh focus on the reasons we all got interested in trading can be
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
If you’re looking to buy Bitcoin (BTC) on eToro, you’re in the right place. eToro is a trusted and user-friendly platform that makes cryptocurrency trading accessible—even for beginners. With features like CopyTrading, newcomers can replicate the strategies of experienced traders, reducing risk while learning the ropes. Plus, if you want to practice before committing real
Are you ready to learn how to succeed in Forex Trading? Perhaps you’ve heard stories or even seen videos and photos of traders making fortunes from the comfort of their homes or while sipping a latte at a café. While the allure of quick profits may be tempting, success in Forex trading requires more than
In the world of trading, managing risk is as important as executing successful trades. One of the most significant metrics that traders use to assess their risk is drawdown. Drawdown refers to the reduction of a trader’s account equity after a series of losing trades. Understanding how to calculate and manage drawdown is essential for
One of the advantages of joining forex trading forums is that you get to interact with fellow currency trading enthusiasts. As one delves into these discussions over time, certain recurrent questions and concerns become apparent across various threads. In this post, we’re shining a spotlight on the most prevalent trading challenges frequently encountered in these forums. I’ve
Have you ever registered a trading account either a Binary or Forex trading account with a broker but only to be told to verify the account to receive either a bonus or to deposit? Sometimes you wonder what is verification for and if is it a must you verify your trading account to deposit or