Trading Alone is Negatively Impacted One of the most challenging aspects of trading is – loneliness. Unlike other careers where people always surround you, many professional traders who move from an office to working at home, end up hibernating in that office. It becomes easy
Forex Triangle Patterns Financial markets are known for their volatility, a nonlinear structure that rigorous mathematical models cannot describe. But still, quite often, technical analysis patterns work on the market. One such technical pattern is the “forex triangle pattern”. The Triangle pattern is proven by
At the core of negative Trading Emotions, fear, greed, and hope thrive At first glance, many of you might look at the headline and think “fear and greed are bad, but hope? Isn’t it good to have hope?” In most instances, sure, hope can be
Real talks with The5ers forex traders At The5ers, we get to speak to many of our traders about their strategies, systems, and emotions through our Portfolio Analyst Resource. We hear about the traders’ challenges and successes! From these talks, we get to learn a lot
Forex Trading Demo When exploring the idea of trading in a new market, it’s natural to want to get started. You’re excited about the opportunity before you, and there may even be a specific reason you’re eyeing a new market. Where forex is concerned, for
Leverage Trading Leverage in Forex Trading – A close look at one of the most intriguing elements of forex trading It’s no secret that forex traders have a healthy appetite for high leverage. However, all too often high Leverage is a nasty trick played by
Why it’s necessary to accept and harness your emotions in order to be a successful trader Trading Psychology – We can never be neutral in our emotions. No matter how hard we try, we will always feel something, in some mood, and in some direction.
Real talks with real forex traders At The5ers, we get to speak to many of our traders about their strategies, systems, and emotions through our Portfolio Analyst Resource. We hear about the traders’ challenges and successes! From these talks, we get to learn a lot
Home trading setup Working from home used to be a dream for many in the past, but now there are plenty of opportunities to work from home as the internet and smart technology evolved. Online trading has become quite popular, and most traders work remotely.
Most Common Currency Types in the Forex Market Various Types of Currency Pairs – The sheer size of the global forex market is something to behold, with this entity said to be worth a staggering $1.934 quadrillion. This is more than 2.5x the size of
Forex Prop Trading A lot of traders today are thinking about taking their trading career to the next level by becoming a forex prop trader. That is the goal for traders, who plan on building successful careers in trading forex. There are a lot of
In the art of market chart analysis, one of the most popular and interesting approaches is the Elliott Wave Theory principle. This is a method that has been in use since the 1920s. Interestingly, old as it is, the method has proven to be a
How to utilize this negative progression strategy to succeed in the forex market Motivated traders, whether at the beginning of their careers or firmly established in the craft, are always looking for potential ways to capitalize on the market. The Martingale strategy is one such
Are mobile trading apps the way to go into the future of the fintech industry? Forex trading apps – With the evolving technological advancements, businesses are often challenged to keep up with the hype. Competition is on the rise, and so is the integration of
US Dollar Predictions for 2021 While accounting for the ongoing worldwide impact of coronavirus, the one news item that has dominated the global agenda during Q4 is the US Presidential election. Even now that Democrat candidate Joe Biden has been declared the winner of the
Forex vs CFD trading Forex is known as the world’s biggest trading market and has always attracted investors from all around the world. But many people who understand the basics of forex don’t even necessarily recognize that there are actually different ways to trade in
Why do most day traders fail? Day trading is the practice of buying and selling financial assets over very short time periods, ranging from seconds to hours or days. Short-term trading can produce outsized gains but it can also be a one-way ticket to the poorhouse. New
What Golf and Trading Have in Common This post aims to describe parallels between the game of golf and financial trading. I hope it will give you some insights to reflect on and key takeaways to help improve your trading performance. So, it’s happened… I’ve
How Can Low-risk Trading be Rewarding? As traders, we are always looking for ways to lower our risk. But then for us, it means proportionally reducing profit potential. So, traders often would take higher risk trades when focusing on the profit, or take a too
Trading the Price Compression Compression is a peculiar movement in the market that you better learn to recognize. After compression formations, there are great opportunities for making quick profits in the market. This article is divided into two parts. In the first part, we will
How to Implement a Successful Grid Trading Strategy A grid trading strategy system is a method of adding trades on some key points as the market is going against you or in your favor. It is adding to your winning positions and fixing your losing
Finding the most effective methods in the trading market is a priority for traders, whether they are new to the field or more experienced. In the world of finance, the search for the perfect trading strategy is similar to the search for “El Dorado”. Specifically,
How do you trade the news in forex trading Fundamental forex news is essential in short-term Forex trading. Traders would use news releases on several metrics of the two countries’ economies and make speculations based on this. However, it is also beneficial for long-term traders
Fully Funded Trading Account A Forex trading job is recognized to be one of the most challenging jobs in the market due to the sheer of variables that need to be considered before implementing any decisions. The Forex market is extremely volatile, and there are
