One of the most common mistakes made by beginners is not having a plan. A trading plan outlines the strategies and techniques that you’ll use to execute trades and manage risks. Without a plan, you’re ...
I’m a day trader. Or rather I aspire to be a day trader. Every day I trade the foreign exchange (forex) market, but, until recently, I haven’t had much success. Then I met some folks on Twitter who ...
Numbers of people are finding numerous ways to make extra money as there seem to be no end for the economic struggle. Many people are very much attracted towards in dealing with the Forex market. The ...
Forex is tagged as the world's most liquid and largest financial market trading trillions of multiple currencies on a daily basis. This over-the-counter (OTC) market is completely devoid of a ...
As you may know, financial markets move up and down throughout the trading day. Because of this, some traders like to use automated ‘orders’ to enter or exit a trade when a market reaches a specific ...
I have been asked a lot of follow up questions about the lesson on futures versus the spot forex in our Forex Essentials Course. (Here's a link to the course if you ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nearly 30 years ago, the foreign exchange market (forex) was characterized by ...