Newcomers very often fall into the “fundamental trap,” i.e., they are trying to open positions against the prevailing trend, guided by their stereotypical ideas about the markets and the conclusions of “independent” analysts. For example, when a bear trend started on gold, many speculators “bought it out,” since they sincerely believed that a shortage of precious metals in the bowels …
What is the economic calendar and how to start working with it
An economic calendar is a necessary tool for trading. First of all, to work with binary options was convenient; let’s make the necessary settings. Let’s start by specifying your time zone, so as not to keep in mind the time difference with dozens of countries. To specify what time you live, find your city on the list. If you didn’t …
Forex Basic Vocabulary for Beginners
While already a cliché, the aphorism, “Knowledge is Power” is more than relevant across all fields and disciplines. The Forex trading industry is no exemption. It is a must that every trader be well-equipped with the right Forex vocabulary if he or she wants to excel make advancements within the trading industry. Knowing and being able to use Forex vocabulary …
Trade Cryptocurrencies
Crypto trade is one of the riskiest yet most rewarding methods of investment in today’s time. All kinds of people claim to have made enormous amounts of money by trading and investing in cryptocurrency, leading others to actively search for information pertaining to how to day trade crypto. Fortunately, there are free resources online that can guide the novice trader …
Bitcoin Trading
Cryptocurrency exchanges are websites where traders can buy, sell, or exchange digital currencies such as Bitcoin and Litecoin for either digital or traditional currency such as the U.S. Dollar or the Euro. If someone would want to start trading professionally and gain access to innovative trading tools, the trader would likely need to use an exchange platform and be required …
Cryptocurrency Investment Strategy
Cryptocurrencies are systems that allow for the secure payments of online payments that are denominated in terms of a virtual “coin,” which represents ledger entries internal to its operation. “Crypto” refers to the various encryption algorithms and cryptographic techniques that are employed. However, when diving into the best cryptocurrency investment strategies, it is wise to begin in assessing risk tolerance. …