Blog

WHAT IS GOLDEN CROSS IN TRADING? This is a bullish signal that emerges when two moving averages make a crossover. The most common periods of the two moving averages are 50-day and 200-day moving averages. Also, the strategy mostly uses the simple moving average indicator but some traders focus on the exponential,… Read More »WHAT IS THE GOLDEN CROSS AND HOW TO USE IT IN DAY TRADING

WHAT IS MOMENTUM IN FINANCE? The term momentum refers to a force that keeps an object moving after the trend has already started. In finance, it refers to a situation where the price of an asset continues moving in a certain direction. In most cases momentum tends… Read More »HOW TO USE MOMENTUM TRADING STRATEGIES PROFITABLY

WHAT IS A FALSE BREAKOUT? At times, a financial asset like currency pair, commodity, exchange-traded fund (ETF), and stocks trade within a narrow range. During this period, they form a parallel support and resistance level. In this case, a trader can make money by buying at the support and shorting at the resistance. However, always, it… Read More »HOW TO IDENTIFY FALSE BREAKOUTS IN DAY TRADING

TRADING ROUTINE Most successful traders have a routine that they use every day. The benefit of such routine is that it helps them simplify their trading approaches. It also helps them identify new ideas and make relatively successful trades every day. If you are a forex trader, this routine could be… Read More »THE 5 HABITS OF HIGHLY SUCCESSFUL DAY TRADERS

FULL TIME OR PART TIME? Many day traders already have lots of market experience when they begin their new business ventures. Because it can cause you to lose a great deal of money very quickly, you may have to choose whether to work full time at the… Read More »20 (AND MORE) DAY TRADING TIPS: HOW TO BE A SUCCESSFUL TRADER!

RISK OF THE UNKNOWN A common risk in the market is that of the unknown. No one simply knows what will happen in the financial market on any given day. For example, in January 2015, the Swiss National Bank made a major announcement. It removed the… Read More »THE IMPORTANCE OF STOP LOSS ORDERS AND HOW TO USE THEM

THESE WEBSITES, COMBINED WITH OUR RESOURCES, CAN HELP YOU TO BECOME A BETTER TRADER In the past, trading was a career practiced only by financial professionals in the leading financial institutions in the world. It was very difficult for normal traders to find their break in trading.… Read More »8 BEST WEBSITES FOR DAY TRADING IN 2022

The Federal Reserve is the most important central bank in the world because of the special role the US dollar plays as a reserve currency. Therefore, traders always pay close attention to the bank’s meetings and activities. The Federal Open Market Committee (FOMC) is one of the most important items in the… Read More »FOMC MEETING: WHY IS SO IMPORTANT AND HOW TO TRADE

As a day trader, your success is determined by a number of things. Some of these factors that determine your level of success include: your knowledge of the financial and economic markets, your patience, understanding of the various analysis tools, and your character as a trader. Unless you have… Read More »HOW TO EXPLOIT MULTI TIME FRAME ANALYSIS IN TRADING

The number of traders is on the rise. While the exact number is not known, the number of firms offering trading services is rising which is a good indicator of all this. Sadly, only a very few traders who start trading become successful. In fact,… Read More »ALL SUCCESSFUL TRADERS DO THESE THINGS EVERY DAY