The global forex market is a truly fascinating entity, and one that continues to grow consistently and incrementally during the digital age. More specifically, this market now sees an estimated $6.6 trillion traded globally every single day, with this number having increased from a little over $5.3 trillion over the course of the last decade […]
Tag: forex trading
The Future of Online Trading is with Robots
We’re living in a world where almost every field is interconnected and automatized. Considering the fact that market behaviors in online trading are quite dynamic and unpredictable, many online traders are also taking advantage of automated trading approaches. Financial instability and low-income conditions have also given rise to the concept of AI-driven trading and automation. […]
The Flaw is Your Friend at Trading
Do you know how many people deliberately overlook their flaws? This number is staggeringly high yet no concern has been developed. The brokers discuss the strategy, risk management method, and upcoming competitions but never focus on the mistakes of investors. Currency trading is probably the only sector where people make more mistakes than devising successful […]
Top 4 Forex Trading Strategies and Their Pros and Cons
Forex trading is one of the most popular alternatives to stock market trading. The average Forex market cap is $5.1 billion per day, which makes it the most liquid market in the world. You’ve likely heard the stats that nearly everyone loses money in the Forex market. According to Earn2Trade, the problem is that most […]
The Pros and Cons of Forex Trading for Investors
Foreign exchange trading, or forex, is a complex form of investing that can have lucrative returns if you know what you’re doing. Forex trading isn’t suited for inexperienced traders or those with low risk appetite. But there are many benefits to trading in currencies. It’s important to weigh the pros and cons before deciding whether […]
6 Tips to Become a Successful Trader
Successful traders are disciplined, and a very small percentage of traders actually make money and continue trading (less than 10%). There’s a learning curve when trading forex, and if you don’t have enough start-up capital or do your research, you’re starting at a major disadvantage. Tips to help you become a successful trader, include: 1. […]
What to Know Before You Set Foot in Forex Trading
The economic ups and downs of the recent years lead to an unsafe job market that makes many members of the workforce look for side revenues. Moreover, employees of today prefer more flexibility and independence. Millenials are more active in the business field than the previous generation, but not many people have the time and […]