Copy trading has been very popular since it was invented among most investors worldwide. Copy trade allows an advanced trader to be copied by an investor, which can help the investor maximize risk control, raise profits, and minimize losses. In the past, when an investor tries to copy other traders’

Determine Risk Tolerance For someone who plans to trade in any market, this is a personal decision. Most trading instructors will throw out numbers such as 1 percent, 2 percent or up to 5 percent of the total value risked on each transaction put on your account, but a lot

FBS FBS is an online broker that offers financial market trading in forex and CFDs. Our review in 2020 takes a thorough look at the broker’s legitimacy, leverage offering, spreads, and minimum deposits. Sign up for an FBS account and start trading. History & Headlines FBS is a global broker

Here are the several steps you need to follow when keeping a trading journal: First of all, you must write down why you are entering a position before actually committing yourself to it. This way an objective reasoning is ensured, which you can use at a later point, unbiased by

A trading journal is a complete record of all your trading activity over time. It consists of writing down the results of all your trades in order to later assess your overall performance. Keeping such detailed chronicles also allows you to draw objective information when feeling upset and doubting your

YASIR UNCATEGORIZED DECEMBER 8, 2020 Leverage is the use of borrowed money (called capital) to invest in a currency, stock, or security. The concept of leverage is very common in forex trading. By borrowing money from a broker, investors can trade larger positions in a currency. As a result, leverage magnifies the returns

Here is some of the feature between gold and forex. Intrinsic value Gold is a scarce resource and has an intrinsic value which implies that it will always be in demand though not necessarily at the price you desire. Physical gold can be difficult to sell but gold ETFs can

Harmonic price patterns identify the stages of a retracement so that when the pattern is complete, you have a clear buy or sell signal. Retracements are vexing at all times and any help is always welcome, although with harmonic price patterns, the orthodoxy is to apply Fibonacci numbers. Again, Fibonacci

Elliot Wave Theory This theory proposes that in nature, many things happen in a five-wave pattern and the same is applicable to forex and other financial markets. The basic assumption here is that a given market will advance in a pattern of five impulse waves, which include three up waves,