It took several years after removing limitations of trading the currencies for retail investors for them to start taking a notice of this global market. That is unfortunate, because this market is very active and it is open continuously for five days each week. This makes it ideal for those who don’t want to trade as their primary job, but would still like to take an active part in it. Like any … [Read more...]

Trading on the market that deals with currency pairs can be quite lucrative, and retail investors are taking notice. Similar to trading on other markets, you should have a good understanding of technical analysis and utilize that knowledge to your advantage. Candlesticks are one of the most useful parameters that enable you to spot price movements and developing patterns early on, which should … [Read more...]

Trading currencies on the global market is a great way to diversify your investment strategy. This market is open five days a week for 24 hours, which allows great flexibility to those who don’t intend to trade as a full-time job. Like other financial markets, there a technical parameters and analysis that can help you trade profitably. Understanding the candlesticks and charts that utilize them … [Read more...]

Foreign currency trading (known as Forex trading) provides an opportunity to make money, but also a chance to explore economic connections and macro-environmental factors in our world. Forex can be traded with heavy leverage, generating strong returns in the short term without large amounts of capital. And it can achieve this with limited downside risk. Trading currencies brings greater … [Read more...]

Those new to forex trading have as much chance of success as those that have years of trading experience. In fact, it is often said that the beginning trader has a better chance of achieving consistent profits than someone who has been trading unsuccessfully for years. The key is to learn forex strategies before one even begins trading. One common strategy for beginners is the inside bar strategy, … [Read more...]

There are many frequently asked questions when it comes to the Forex trading platform. Many people wonder if Forex is legal and it is not only legal all across the world, it also has been around for decades. Forex is typically traded by banks, corporations, hedge funds and investment managers. Forex is short for foreign exchange and surprisingly it's actually the biggest financial market in the … [Read more...]

If you have a full time job, you can still trade Forex and make some money on the side. You will want to make sure you are planning your charts before the trading week as you want to be able to do analysis and understand the trends of the market. You also want to be trading during the best market hours which is typically from 8 AM to 11 AM EST. Finally, make sure that you are always trying to … [Read more...]

If you have a 9 to 5 job, you can still be a profitable trader by following a few steps. You want to figure out which trading style fits you best as some people like to be swing traders and others like to be day traders. You also have to be able to improve over time and the way to do this is to understand what problems you have as a trader and implement a plan to fix them. Finally, understand that … [Read more...]

When it comes to being a forex trader, it actually might be more beneficial to be a part time trader compared to a full time trader. An interesting aspect of being part time is you actually can earn just as much as the full time traders. This is because the Forex market is made for part time traders because you can create a Forex strategy no matter what time it is during the day. Being part time … [Read more...]

Forex trading is Foreign Currency and Exchange business, which when someone is well-versed in it, is a great way to make money. It is mainly a global marketplace where a national currency is exchanged for another currency. Trading online with Forex trading has a lower cost relative to other ways to trade online. So far in 2021, the volume of the average that is traded on Forex is $6.6 … [Read more...]