Do your really need automated trading?

Yesterday we’ve focused on the trading plan, which includes a trading system inside. Today, we’ll be talking a bit more about the latest. But not a typical one or even a particular one, we’ll be analyzing what today is known as “automated…

Range forex charts

Many traders often use intraday Forex price charts based on time frames like 5 or 60 minute periods. On such charts, a bar (OHLC bar or candlestick) is indicated at the end of each time interval. For example, on a 60-minute stock chart, a…

The Dollar Index: What It Is, How It’s Defined

Investors rely on a variety of tools in an attempt to determine the current and future state of the market. This set includes synthetic ones, such as stock indices, which allow evaluating the situation as a whole, without losing time…

Managing emotions in trading

Those who traded on the stock exchange are well aware of how difficult it is to make a profit and how easy it is to lose a deposit, most of the losses occur due to mistakes made during the overexcitation of a trader. Therefore, a trader…

How not to be influenced by rumors

The currency market is a big game in which both individual players and entire countries, and sometimes coalitions of countries, participate. The exchange rate of the national currency has a rather harsh effect on the country's economy,…

5 Steps to Deal with Trading Losses

Are you struggling to deal with the losses that come with online trading? You’re not the only one. It can be difficult to overcome the feeling of failure and this is why we’ve come up with 5 ways to get you back on track to achieve your…

Six New Year Resolutions for Traders in 2023

The year 2022 is coming to an end, and the time has come for a fresh start in 2023. The end of the year is a great time for traders to review their 2022 trading performance and reflect on how they’ve fared in the market. To take advantage…