Setting Your Risk-Reward Ratio It is reasonable and a good idea to set up a risk to reward ratio for each trade that you enter. Knowing ahead of time how much you stand to gain versus how...
Typical forex has to do with forex trading of currencies and foreign exchanges. For example, currency traders often hope their preferred currency value will increase against other currencies. Your analysis based on indicators like moving average or...
This is the third installment of my common sense trading tips. These tips are what the tile says, they are based on a common sense approach to trading. I firmly believe if something makes sense to you,...
What is the True Forex Broker Spread? Some forex brokers advertise tighter spreads but when you trade you often don’t get the spread quoted. Is this typical and how do you determine the true spread? When...
Getting Started with Demo Accounts A demo account can be the key to unlocking your potential for trading success. If you’re new to trading, a trial run on the stock market with virtual money doesn’t just...
Why Is Bitcoin Surging? I wrote an article a few days ago entitled Is the Mighty Bitcoin a Currency About Nothing? With the cryptocurrency surging 24% in just 3 days, it is hard to ignore its...
It is often said that 95% of those trading lose money. While the actual percentage is not that high, it is a fact that the majority of forex traders lose. There may be many reasons for it but...
Bollinger Bands Bollinger Bands are volatility curves used to identify extreme highs or lows in relation to price. Bollinger Bands establish trading parameters, or bands, based on the moving average of a particular instrument and a set number...
Stochastics Stochastic studies, or oscillators, are another useful tool for monitoring the expected sustainability of a trend. They provide a trader with information about the closing price in the current trading period relative to the prior...
The newest pattern of defrauding a company or organization developed by fraudsters and scammers is wire transfer fraud. The Federal Bureau of Investigation (FBI) discovered that more scams are done via wire transfer. In 2021, the FBI...
Are you interested in investing in property? Besides the standard benefits of running your own business, such as the financial gains, independence, flexibility of being your own boss, and power and control, you’ll also benefit from being...
Everyone is getting very excited about the U.S. equities again. After more than two years in the doldrums, it looks like things are finally on the up for individuals who invest in companies. In short, there’s good...