Author: Gitanjali Saxena

Foreign Exchange market, commonly abbreviated as Forex. It is an over the counter market where foreign currencies from all of the world are traded. It is thus considered as the largest and the most liquid market in the world.  This industry has a high rate of failure due to the steep learning curve in it.… Continue reading The Insider’s Guide of How Does Forex Trading Work?

High-frequency trading is a type of algorithmic trading in which large volumes of financial instruments are bought and sold automatically at very high speeds. It is secretive and mysterious, but not at all evil. It makes the stock market more efficient and helps small investors who trade at random times over the day.  High-frequency trading… Continue reading How does High-Frequency Trading Work?

A Fibonacci retracement is a popular tool that is used in technical analysis that is commonly employed by a number of traders. This method is used to track possible support and resistance levels of any given asset. Fibonacci’s sequence of numbers is not illustrated using mathematical relationships, like ratios. Instead, each level is associated with… Continue reading What are the best technical indicators to be considered with Fibonacci Retracement?

It is simply impossible for any investor/trader to continuously monitor the prices of different financial instruments like stocks or currencies. That’s when a limit order or a stop order comes in very handy. These orders are instructions to execute trades when the price of a financial instrument hits a certain predefined level. They can be… Continue reading Limit Order V/s Stop Order

It could be very difficult for any trader to be online for constant monitoring most of the time. This could be boon in case the trader is making profits; however, it could be devastating in case of loss. This is a situation wherein forex orders can come in very handy. A forex trade order can… Continue reading Introduction to Forex Orders and its Types

Scalping in the market involves trading currencies based on a set of real-time analysis. The purpose of this is to make a profit by selling or buying currencies, holding onto the position for a  short time, and closing it for a small profit. Many traders place trades throughout the trading day, and the system is… Continue reading What is Scalping In The Forex Trading Strategy?

While choosing an online broker, make sure of the premium on reliability, speed, and low cost. These features have been designed to appeal to an infrequent trader is just unnecessary for a day trader, who usually start off with no position in their own portfolios and make a lot of transactions.  Day traders place the… Continue reading Types of Day Trading