Live multiples day-trading open positions In this class, we’ll do a live demonstration on how to manage intraday positions in FX. Ruben managed in live multiples day-trading open positions. The positions were on the GBPUSD, AUDUSD, and AUDNZD. He explained what signals he waited to open those positions and how to manage them. At the […]
A Close Look at the euro currency As it stands today, the euro is the official currency of 19 of the 27 European member states. The currency is issued by the European Central Bank (ECB). Trailing only the dollar, the euro is one of the most widely traded currencies in the world. It is the […]
Take profit order If you are new to trading, it’s very important to know how to profitably get out from a trade. Every trade you place requires an exit. But the whole point of trading is to exit the trade with profit. So, how can you exit the trade successfully? You can do it through the […]
An in depth look at one of the most popular ways to analyze price charts and confirm existing setups Before making their way to the forex market, candlestick patterns had been in use for hundreds of years by Japanese rice farmers. Developed in the 17th century, farmers developed the idea in order to track and […]
Losing is part of the trading process. Accept it and prepare for it! That’s Thomas Advice. Thomas N, 57 years old, From the USA. Thomas is one of The5ers level 3 funded traders and is trading with a 104K low-risk account on our platform. His next mission is to reach 10% of profit and double […]
Building a Solid Trading Strategy Forex trading strategies guide 2022 – At the core of every successful trading routine lies a well crafted and tested trading strategy While successful traders all have different personalities and different styles which they bring to the profession daily, one thing that they all have in common is well thought […]
Stop fearing market uncertainty and learn to capitalize off of it Why risk management? A solid risk management strategy needs to be part of any plan since market uncertainty can bring about high levels of anxiety and stress, especially when it feels like there is no end in sight. Key events can send the markets […]
Forex Data Analysis More and more investors are looking into forex trading, as technological advancements make it easier and easier to do so. It may be easier to get started, but there’s still a lot of data to sift through if you’re going to find success. One of the ways to succeed in forex is to use […]
A Close Look at the New Zealand Currency The New Zealand dollar or Kiwi dollar is the official currency of New Zealand. Capping off the top 10 of the most traded currencies in the world, the Kiwi is the 10th most traded currency representing approximately 2.1% of the global currency traded. This is an outsized […]
There should only be three outcomes in any trade, A small loss, a small win, or a big win. That’s Quinten Advice. Quinten G, 35 years old From the USA. Quinten has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with a 52K low-risk funded account […]
Key trading ratios that let you know the health of your trading performance In this article, we’ll cover the main recipes for determining future outcomes, the trading ratio, as well as explain what these statistics can tell you about trading, what else they’re good for, and why you should be more aware of the value […]
Reduce the risk and embrace the fact that you can take losses, and it won’t affect too much in the long run. That’s Thiago Advice. Thiago L, 29 years old From Italy Thiago has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with an 80K low-risk […]
Trade From Home When you ask people why they have decided to take up trading, more than 90% of them will tell you about independence, freedom, and the opportunity of making massive sums of money while working from home. However, does that accurately reflect the reality of professional, full-time trading from home? The most important question […]
A Close Look at the Swiss Franc Swissy The Swiss Franc Swissy is the only Franc currently issued in the European countries. The currency is issued by the Swiss National Bank and is used in Switzerland and Liechtenstein. The Swiss economy has long been considered the safest economy in the world, heavily dependent on foreign […]
What is a Whipsaw Pattern and Whipsaw Effect? Many newbie traders fail because they’re taught to see the market in an unrealistic, simplistic way. Far from straightforward, the market is devious and plays tricks on all of us. Even if you bet that it will go up and down at the same time, you could […]
Trading for a living Becoming a professional or full-time forex trader is the ultimate dream. This is when you make it in the complex and competitive world of Forex trading. However, not a lot of traders manage to successfully make it as a full-time trader, since success as a full-time trader depends on developing a […]
With solid R&M management, one could be profitable even if he was to flip a coin to decide whether to buy or sell. That’s Alexander Advice. Alexander A, 41 years old, From the United Kingdom. Alexander has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with […]
“Scale in” Technique Scaling in means breaking your capital into small positions, entering the trade with little pieces at different entry points by multiple confirmation signals. The advantage of this style is that it allows you to enter the trade at different and ideally better entry points. The disadvantage comes when the trade goes in your favor at […]
Forex Machine Learning There’s no doubt that traders around the world of all skill sets and magnitude are finding it difficult to keep up with the rapid advancements in technology and the series of new analysis tools that seem to be coming out all the time and are taking over. This is mostly due to […]
Wait, then wait, then wait a lot more until the perfect opportunity is upon you. That’s Tyler Advice. Tyler C, From the U.S.A Tyler has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with an 80K low-risk funded account on our platform. His next mission is […]
Market Profile Indicator The Market Profile indicator depicts price action over time, highlighting key areas with a high trading volume. Peter Steidlmayer is the Market Profile’s developer. In 1985, he was the first to offer the Market Profile to traders at the Chicago Board of Trade (CBOT). Before Steidlmayer, the technical analysis simply had the […]
Can forex be a part-time thing? If you’re looking to generate a second source of income with Forex trading, you should think again because trading is a full-time job. Managing a part-time forex trading career with your regular job is difficult, mainly because of the time management crisis you will be faced with. However, you […]
Forex Trading Mistakes In this article, we will tackle and discuss in depth a recurrent topic that a lot of forex traders, if not all of them, suffer from. The most common trading mistakes, and more importantly, we’ll try to give you some tools to try and fix those challenges. Most Common Trading Mistakes […]
Find like-minded people with whom you can discuss. That’s Kieran Advice. Gerard M, From The Netherlands. Gerard has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with a 24K low-risk funded account on our platform. His next mission is to reach 10% of profit and double […]
