In this article, I’m going to show you how to apply Fibonacci retracement levels to a chart and what information it provides. Remember, indicators “indicate” possible price moves and entry-exit points. You’ll still need to interpret the data for yourself, so I’ll show you how to do that too. What is Fibonacci retracement To better […]
When a forex trader or financial expert begins to explain forex leverage to beginners, most people find it a little too complicated. Forex leverage, also known as trading leverage, is one of the most divisive investment tools, and for good reason. When it comes to foreign exchange trading, leverage is frequently misunderstood and misused, giving […]
When you consider trading Forex for a living, this is likely the first question that comes to mind. Alternatively, you could work part-time! It’s not something to be ashamed of. When I first started investing in equities in 2002, I was eager to learn how much money I could make. The problem is that it’s […]
So you want to make a living as a trader? To begin, you’ll need to stay away from a number of common blunders that traders frequently make. You will make mistakes as you learn to trade, but the traders who start making money are the ones who LEARN from their mistakes and figure out how […]
Instead of passively holding the position and hoping to profit from what is happening, you should learn how to play the forex market and have a chance to make money. One of the ways to get started is by looking for an appropriate platform and set up a trading room. Select a platform that suits […]
It seems that bitcoin’s valuation of more than $9,000 (USD) shows no sign of stopping its explosive rise. Although the level of enthusiasm for cryptoassets is at an all-time high and retail investors have been quick to put their money on the line, it’s important to be aware of some of the important things that […]
Across the world, investing in Forex markets has generated interest. Currency trading was traditionally a preserve for multinational corporations and investors who were well-endowed. Nevertheless, the Forex market has opened up the financial market for average investors. For multinational companies in other countries, the foreign exchange (Forex) market provides a means of doing business. This […]
Whenever a forex trader or financial expert begins to clarify forex leverage for beginners, for most people, it tends to get a little too complicated. One of the most controversial instruments in the investment world is forex leverage or trade leverage, and for good reason. Leverage is often misunderstood and misused, leading to a bad […]
Traders who want to improve their efficiency and benefit should really learn new instruments and techniques, and the Stop Loss is one common instrument that first-year traders speak about. Pro traders are split as to whether or not Stop Loss is really beneficial. Here is a rundown of the pros and cons so that you […]
Forex trading is inherently risky. But only risky investments will help you earn profits. Novice traders may get lost in the jargon and snappy trading situation. Before you start trading with your real money, you should understand how to trade foreign currencies correctly. You can only learn it when you start trading and it’s best to start slow. […]
Forex trading (Foreign exchange), which buys one currency while selling another at the same time, has received a large number of media outlets as an attractive alternative to trading on the stock exchange. One of the reasons why Forex trading has become such a popular option is that Forex has a 24-hour market, reduced transaction fees, […]
Trading is something of a hobby for a lot of traders, and they approach it with the same level of disorganization as they do their stamp collection. Some hobbyists, on the other hand , take their actions seriously and act with military-like accuracy. For different types of people, both of those It could work very […]
Absolutely! With the introduction of micro accounts by Forex brokers several years ago, you can now open a cashless account and start trading with as little as $100. You can start Forex trading with just $100. But just because you can, doesn’t mean that you ought to. Actually, if you do, I think you’re going […]
We are firm believers here at dailybluepips.com that skilled traders are not born, they are trained, which is why we emphasise the provision of a wide range of free educational resources to begin your trading journey on the right foot. However, it is incredibly important to learn how to navigate your platform and to become […]
There are many papers talking about forex randomness and abruptness. Some traders believe that anything in the market can not be predicted. These researchers try to convince the readers that forex is just like a big casino. They do their best to demonstrate that currency movements can be estimated but never predicted, And luck, but […]
It’s really exciting to begin your trading journey, but beginners often become disenchanted with trading. Here are the top three tips for beginner traders to ensure that you get off to a great start and develop your skills to become a successful trader. Learn the rules, Play the game. It might sound a little scary […]
Tips to start trading for the dayTo maximize your day-trading profits, there are countless tips and tricks, but these three are the most important ones for managing the significant risks inherent in day-trading: Commerce with money that you can afford to lose. Setting aside a certain amount of money for day trading is paramount. Don’t […]
