Traders spend a lot of time trying to figure out when the best moment is to enter a trade. While this is significant, the location where traders choose to exit transactions ultimately determines. The trade’s success and Key Factor in Forex Trading. What Is an Exit Strategy? 1.Key Factor in Forex Trading Exit strategy is […]
You Feel Comfortable with Your Forex Account You should feel at ease with every part of your Forex trading platform. Ideally, you want to develop a screen that is both friendly and visually appealing. Your Forex account should be with the same broker that you wish to use for actual trading. You don’t want to open […]
Stop-loss is a metric that shows you how much money you stand to lose on a deal. It’s critical to calculate stop losses ahead of time so that you’re ready if a transaction changes direction. A stop-loss order helps reduce the loss. If the price of an asset moves in the opposite direction of the […]
The Size Position in Forex Trading you take in your trades is regarded to be the single most critical aspect in developing equity in your trading account. In reality, position sizing is responsible for the trade’s fastest and most exaggerated returns. Here, we take a provocative look at risk and position sizing in the forex […]
The market-maker spread is the difference between the price. At which a market-maker (MM) is willing to purchase and sell the security. The market-maker spread is the bid-ask spread that market makers are willing to commit to. The difference between the market maker’s bid and ask price for a security is the spread. This spread […]
As a trader, the economic calendar is one of your most valuable companions. You will just spend one minute (or less) each day with it, but that one minute every day is essential if you want to be a consistently profitable day trader. What Is the Economic Calendar? The calendar lists the dates of major […]