The spot forex market is expected to trade over $5 trillion every day, which includes the currency options and futures contracts. With this kind of volume of money floating around in the spot market that trades easily on the counter, with zero accountability, the forex scams offer to earn fortunes in a small amount of… Continue reading How to Spot a Forex Scam?
Author: Gitanjali Saxena
What is the difference b/w Forex Trading & Investing
Investing and trading both involve seeking profit from the market, but they tend to pursue this goal in many different ways. Traders jump in and out of the stocks within days and sometimes even minutes, with the aim of short-term profit gains for themselves. They tend to focus on a stock’s technical factors instead of… Continue reading What is the difference b/w Forex Trading & Investing
How to Select a Forex Broker?
The market stands out for more than $4 trillion in traded value every day and makes it the world’s largest market. As there aren’t any marketplace for the market, traders must know how to select a broker to help them conduct their trading activity. There are a large number of brokers in the market and… Continue reading How to Select a Forex Broker?
Myths About Binary Options
Many misconceptions about the binary options are present in the market, therefore, we think that it is very important that the traders must understand the usage of them in an effective way. Binary Option Is Like Gambling It is just a yes or no trade. The yes means that you would agree to be with… Continue reading Myths About Binary Options
Want To Know More About Price Shading?
Price shading is often used by the brokers at a time when they think of the price of a currency is on a rising trend. Here in the case, the broker chooses to add pip or two to the currency quote. This helps the broker to take advantage of the customers. To practice the concept… Continue reading Want To Know More About Price Shading?
What Are The Different Types of Analysis in Forex Trading
Forex analysis used by the retail forex day traders to determine to sell or buy decisions on currency pairs. Being technical nature and using resources like charting tools can be fundamental in nature. Many types of analysis are mentioned below: Fundamental Analysis This type can usually be used to analyze changes in forex by keeping… Continue reading What Are The Different Types of Analysis in Forex Trading
Top Things That Traders Do in Forex Market
There isn’t a single proposed formula for success in the trading business. Surfing on the oceans of the market, one needs talent, patience and a balance of the surroundings. A good blend of analysis with implementation can help traders improve their success rate dramatically. Good trading comes up with a combined talent and hard work.… Continue reading Top Things That Traders Do in Forex Market
Want To Know Best Technical indicators for Options Trading
There have been thousands of technical indicators that can utilize with the trader’s convenience on the trading style and type of security. There are many technical indicators on the net to get help in the short term trading to trade on the basis of a range of movement, duration of the move, direction of the… Continue reading Want To Know Best Technical indicators for Options Trading
Get to know everything about PIP
Percentage In Point or a pip is the smallest price move that an exchange rate can make on the basis of the market conventions. As most of the currency pairs are priced up to the four decimal places, this is equal to 0.01 of 1 percent. For example, even a slight move in the USD/CAD… Continue reading Get to know everything about PIP
Learn to Trade like a pro with Descending triangle patterns?
Descending Triangles are easily spotted out in the downtrends of the stocks as continuation chart patterns. Whereas the ascending ones seem to be flat at the top and show an upward slope in the bottom, the triangle turns out to be flat at the bottom with a hypotenuse slope down the triangle. Steps to identify… Continue reading Learn to Trade like a pro with Descending triangle patterns?