Defining Trends and Trading Trends Have you ever encountered a situation where the price moves in one direction? Do you think you are making some cool pips? The price is moving in one direction because it is following a trend. In this guide, we are going to hone in on what a trend is, how it […]
Introduction to Money Management in Forex Trading All the below is part of Forex money management: a series of rules, tricks, and techniques to minimize risk and maximize profits in your portfolio that separates the sophisticated investors from the average ones. The ability to manage every one of your trades to make the best of […]
The best way to overcome psychology is to create a concrete trading strategy with good risk management. That’s Winston Advice. Winston A, 34 years old, From the Philippines. Winston 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. […]
Day Trading Tips And Tricks These day trading tips and tricks will give you a leg up when working to succeed in your career as a trader. With the rise of the internet and the ease of access with which anyone who has a stable connection is able to tap into financial markets, day trading […]
Trendlines are an important aspect of learning technical analysis. They are a useful and relatively simple tool for traders when utilized correctly. When trendlines are used incorrectly, they become inefficient and even destructive. Trendline Explained Trendlines are simply diagonal lines that represent a price range or trend. These lines track the price movement in an […]
Risk management is the key aspect of becoming a consistently profitable trader. That’s Bernel Advice. Bernel T, 42 years old, From the Philippines. Bernel 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 […]
Essential questions that traders should be asking themselves daily, as a part of their trading plan Today we’re going to give you the tools necessary to start each day on your best footing possible. In order to create a perfect environment and achieve mental harmony, your physical elements need to come together. It is essential […]
Moving average indicator Moving average is an indicator that shows the market fluctuations as a single curve. Moving average is an indicator to find the current trend of the market. This indicator can’t be used to see the future, but it can be used to illustrate the market’s current condition. It should be noted that […]
“Do what you love & the money will follow.” Gary Langley, 51 years old, From United Kingdom. Gary, known as The scruffy trader, has just successfully passed our Level 1. He is now one of The5ers funded traders and trades with a 52K low-risk funded account on our platform. His next mission is to reach […]
Trading Psychology – Wise words from the seminal work of legendary author Mark Douglas on the psychology of trading In the world of trading, few books have had the impact of Mark Douglas’ big hit Trading in the Zone. Written almost two decades ago, the book has become a must-read for traders looking to elevate […]
Bollinger Band indicator Bollinger Bands is a technical indicator designed by John Bollinger used to assess market volatility and indicate overbought or oversold conditions. In this guide, we’ll discuss all the nitty-gritty of Bollinger Bands. How do Bollinger Bands Work? Bollinger Bands are compried of three lines on a chart. Its middle line denotes […]
Have good risk management, be very patient, and not overtrade. That’s Mohammed’s Advice. Mohammed A, 29 years old, From Denmark. Mohammed has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with a 40K low-risk funded account on our platform. His next mission is to reach 10% of […]
Why nothing beats doing your own analysis There’s no simpler or more direct way to put it. When you stop reading other people’s trading analysis is when you become good enough to do your own trading. On the road to success, many traders learn from all sorts of different resources on the internet. And most […]
Ichimoku trading strategy In the 1960s, Ichimoku came to the public’s attention when a Japanese journalist named Ichimoku Sanjin, also known as Goichi Hosoda, came up with the Ichimoku indicator after three decades of hardship. The Ichimoku indicator displays all the components needed to help visualize the price action better. In this guide, we’ll discuss […]
Every scenario should be mapped out in a rules-based format, with no room for ambiguity or confusion. That’s Stuart Advice. Stuart J, 39 years old, From United Kingdom. Stuart 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 […]
How the big money players manipulate the market Institutional or big money traders are playing a different game than your average trader. Even though the playing field is technically the same, institutional traders have different tools at their disposal and a different way to play the game. Any trader needs to understand these big-time participants […]
Scalping in Trading The fastest trading method is “Scalping” or “Scalp Trading”, which has the lowest period between opening and closing a position. In this strategy, profit is gained through small price changes. Scalp trading takes from several seconds to several minutes. In this method, trades occur in small time frames such as tick charts, […]
Create a trading plan, and test it like crazy. That’s Samuel’s Advice. Samuel T, 29 years old, From Colombia. “Three important characteristics: persistence, patience, and discipline.” Samuel has just successfully passed our Level 1 with a great trading plan. He is now one of The5ers funded traders and is trading with a 40K low-risk funded […]
Trade the News – An understanding of the stages of News Trading for Forex traders This is what you need to know when you trade the news- The Economic News Release (ENR) is a pre-scheduled event held by the financial authorities of each country. The ENR is mostly about data and macro-economic statistics where central […]
Practice Trading Accounts A practice trading account, also frequently referred to as a ‘demo’ account, represents a simulated trading environment, which allows the trader to advance his skills without running the risk of losing any money. Trading on a practice trading account has many perks, chief among which is the ability to polish the parameters of […]
During trading, social networks are noise, distraction. That’s Vladimir’s Advice. Vladimir D, 48 years old, From Australia. “As a trader, be able to identify and choose your battles.” Vladimir has just successfully passed our Level 1 with a great trading plan. He is now one of The5ers funded traders and is trading with an 80K […]
“Patience Pays” – A Forex Strategy Webinar Patience pays strategy, Wait patiently for this setup, and the forex market will pay you accordingly The best traders know that patience is a virtue. This webinar will discuss a specific trading strategy setup, which gives the trader all the tools to become consistently successful if only the […]
Richard Wyckoff Methodology Legendary stock trader Richard Wyckoff found out some approaches to pick the winning stocks or forex pairs direction. His approaches and methods are still working in the modern era. Further, Wyckoff’s methodology also indicates the most valuable time to buy a forex currency. Consequently, if you’re a forex trader, you are able […]
If you put in the work, things will work out. If it’s not working for you, put in more work. Failing is a part of the process. That’s Jacques Advice. Jacques S, 24 years old, From United States. “The more you trade your strategy, you start to see certain trends in the market.” Jacques has […]
