How to Develop a Trading Plan

How To Develop A Trading Plan
2021-June-20

A trading plan is a set of rules and guidelines that shape and define your trading decisions & behavior, including but not limited to: financial goals, money management rules, risk management techniques and criteria for opening and closing positions. Due to lack of education a large number of traders have never used a trading plan and that’s one of the reasons that many of them end up in a loss….

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Understanding Different Trading Styles

Understanding Different Trading Styles
2021-June-19

Most Forex traders will use one of the four trading styles: scalping, day trading, swing trading or position trading. In this article we will explain the main differences between each of these trading styles. Scalping Scalping involves entering and exiting the market for short durations of time. Traders applying this style typically use shorter time frames such as the 1 minute and 5 minute time frames. Their goal is typically…

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6 Awesome Forex Trading Tips

6 Awesome Forex Trading Tips
2021-June-18

Trading currencies, CFDs, indices, commodities, and cryptocurrencies presents a lucrative opportunity to make profits. However, that doesn’t guarantee success when trading the market. Here are six awesome tips to help you improve your forex trading skills. 1. Invest In Yourself Before Entering The Market It’s important to spend time improving your knowledge and skills. It will help you make better trading plans and improve your chance of long-term success on…

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