Posts

Showing posts from March, 2023

FOREX 101

  If you want to succeed in trading stop jumping/hopping from one trading strategy to the other, if you continue this way, your actions become inconsistent which will result to More losses in Trading". To be consistent in trading, you need to STICK to one trading strategy, Master it & the become an Authority in it". BECAUSE, Most people don't get rich because: 1: They believe they got to get lucky, or 2: They don't believe they can Both are wrong. (FOREX trading isn't about Luck but your Risk and Money Management) Too much useless information leads to frustration and wasted time. Too little information causes confusion, leading to poor decisions. So, before anything, kindly follow those who are Succeeding and living the lifestyle from this field.

moving average EXPLAINEED!

 what is moving AVERAGE? MOVING AVERAGE:  The moving average is a statistic that shows how often the price of a security changes between the high and low points in its price history. The statistic shows how much of the security's price range is below the average price and how much is above the average. It is a tool that investors use to measure the progress of an market. 5 THINGS YOU SHOULD KNOW AS AN7 AMATEUR FOREX TRADER  1. Research the financial market. 2. Invest in your own financial future. 3. Learn about financial planning and investing. 4. Find a financial support network. 5. Invest in your business.

5 COMMON MISTAKES BY AMATEUR TRADERS!

 There are a number of things that amateur Forex traders should avoid, including making common mistakes that would be made by more experienced traders. See in this business certain mistakes are done at various levels, so it is wise to take caution and safeguard your trading account, 1. Not reading the trade 2. Not following the trade 3. Not staying organized 4. Not taking risks 5. Not learning how to trade

WANT TO BE A SUCESSFUL TRADER? READ THIS 5 STEPS NOW!

 The best way to stay successful as a forex trader depends on your individual goals and preferences. However, some tips on how to stay successful as a forex trader include: 1. Stay organized. Make sure you are keeping up with the latest trends and developments in your industry, and stay up-to-date on your own personal trading strategies. 2. Be proactive. Be proactive and make your own trade strategy, and you'll be able to stay in the market long-term. 3. stay up to date with the latest analytics and financial news. 4. understanding the different types of trading and understand the latest trends.  5. don't over trade!  don't trade what you can't afford to lose

MACD INDICATOR EXPLAINED!

 Often times traders are saddled with the responsibility of  looking for the right tools or indicators to use in the market.  As someone who uses a couple herself to get confirmations before entering any trades. Now lets talk about the MACD. The MACD is a tool that can be used to measure the health of a market. It can be used to show you the current market state in terms of levels, symbols, and candles. It can also help you to understand how much market activity is going on. The MACD tool provides a way to track the performance of different market scenarios. It can track the market conditions, the financial risks, and the market trends. The MACD tool can help you to identify the various market conditions, financial risks, and trend. The tool can also help you to understand how different market scenarios might affect each of these factors. To use the MACD (MOVING AVERAGES CONVIGENCE DIVERGENCE) function, you need to set the range to something within the current trend. For ...

HOW THE SILICON VALLEY BANK AFFECTS THE FINANCIAL MARKET

The silicon Valley Bank is affecting the Forex trading because it is the birthplace of the computer programming language C++.  C++ is a powerful programming language that is used in the modern world of technology.  It is also being used to develop the new market of mobile app development. The things happening in silicon Valley Bank affecting the forex market are the increasing number of FX traders, and the increasing competition among FX providers.  This is why the FX market is still safe for investors, despite recent trends that are looking for FX-focused companies to be more risky and offer more returns.

5 ways to become a successful trader

If you want to be a successful trader read this: The best way to become a successful forex trader may vary depending on your personal skills and experience. However, some tips on how to become a successful forex trader may include: 1. Get involved with an industry-based forum or online community. 2. Be comfortable working with different Forex software programs and platforms. master one and expand on it.  3. Be comfortable working with a fast-paced market analysis position. avoid doing too much. Choose one analysis 👌 4. Be prepared to learn new Forex skills. 5. Be comfortable working in a fast moving environment. 

Forex trading is an important tool for making money.

Forex trading is an important tool for making money.  You can use it to make money on the stock market, make money on the real estate market, make money on the energy market, and more.  However, knowing how to use forex trading is key to success. If you don't know how to trade forex, you're not going to make money.  There are a lot of information out there about forex trading, but this Forex Trading Tips will help you understand it and make money with it. for newbies: There are a few things to keep in mind when trading Forex.   1. First, do your research.  2. Get involved in the market and see what other traders are doing. Be aware, too, of the risks involved in trading Forex. 3. Be sure to have a solid understanding of what you're buying and selling. 4. Get your hands on some real-world assets. This means buying stocks, selling stocks, or taking advantage of market trends.  5. Be patient.  The process of trading Forex can be relatively quick, but it c...

Bar Chart Explained!

What is a BAR CHART??? so many theories about it and sometimes these meaning are confusing, I am going to break it down into the simplest form (that's exactly what I'm known for, taking the hardest of terms and breaking them into simplest form) Opening prices are set by amateurs, whose orders accumulate overnight and hit the market in the morning.  Closing prices are largely set by market professionals who trade throughout the day. You can see a reflection of their conflict in how often opening and closing prices occur at the opposite ends of price bars. The high of each bar marks the maximum power of bulls during that bar.  The low of each bar marks the maximum power of bears during that bar. Slippage tends to be less when you enter or exit positions during short bars!