Posts

Showing posts from January, 2020

10 Trading Tips You Need to know for 2020

Image
1. THE ECONOMIC CALENDAR AND NEWS: The first Forex trading tip covers the news and the economic calendar. For every trader, an economic calendar is an essential tool. Economics news has an impact on the markets, regardless of whether short-term traders or long-term swing traders. You can find news and news from  Investing.com  or  Forexfactory.com  calendar. It is published the exact time the news arrives. For example, Trading strategies can be based on the data. 2. THE DEMO TRADING ACCOUNT: For beginners and advanced traders , the demo trading account is very important to test a  trading strategy,   platforms, etc. It’s a virtual balance account which imitates real trading money. The conditions are similar. The demo trading account enables the trader to trade safely with no risk. Many beginners trader begin with real money trading too quickly. We strongly encourage you to first practise with your demo account until you are profitable and secure. Furthermore, execution of o

5 Differences Between Trading Stocks and Forex

Image
When an individual thinks about getting rich using the trading platform, the two prospects that emerge are the stock exchange and forex trading market. The  bonus awarding forex best brokers  often debate about the differences between trading stocks and forex. The two financial trading industries are different and have their own different sets of risk levels. There are stock traders who invest in forex and there are forex traders trying their luck in stock marketing. For a new trader, the decision can be quite confusing. Though there might be differences in the type of trading, the risks involved are the same in both forex and stock exchange. They both can be potentially and emotional daunting for traders. So, without further ado, let’s start with some basic differences between trading stock and forex market: The entry costs Every trading market requires some cost to enter or initiate the trading. Stocks usually require a much bigger capital as compared to forex. For m

The Benefits of Tradingview.

Image
I myself am a big fan of tradingview and I actually always use it to make my analysis. I personally think that with the  tradingview  platform you have a very clear overview and various useful tools that I also like to use. What is tradingview? Tradingview  is a company that offers an online service to forex traders . The most important of these is that they are an in-depth technical analysis tool. But tradingview is also a platform where you can make contact with other traders from beginners to experts. On tradingview you can also share your own charts and analysis but also view those of others. Which can of course also be nice because the life of a trader can sometimes be quite lonely with all those hours behind the charts! LOL. In  tradingview  you have a lot of different tools that are very useful when making your technical analysis. You can also see all kinds of charts on this platform. From Crypto to all pairs of Forex. Stocks, Futures and Indices. Adva