pending

What is Scalping?

Scalping is a well-known trading strategy where a trader tries to gain a minuscule profit from small changes in the price by rapidly buying and selling a financial instrument. Any trader using a scalping trading strategy is often called a “scalper.” Scalpers or traders who employ scalping trading strategies believe that directional movement of price …

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Spending Tracking

What is Leverage?

In the simplest form, the word leverage is the financial jargon for credit or borrowed money. Anytime a person or company borrows money or any “value” to conduct a transaction, it is effectively using leverage. For example, if a person wants to buy a house worth $150,000 with $50,000 down payment and a $100,000 mortgage, …

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Trend

What is Forex?

Forex stands for foreign exchange, which is an international over the counter (OTC) market for trading various national currencies. Unlike many financial instruments, such as bonds and stocks, the Forex market has no central infrastructure. The over the counter nature of the Forex means that any time two willing natural persons or commercial entities reach …

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Stochastic Indicator

What is Stochastic Indicator and How to Use it

The stochastic indicator measures overbought and oversold situations as well as the beginnings and endings of cycles in the forex market. This indicator is considered as an oscillator which indicates the position of the existing closing price of an index corresponding to the high or low range over a period of time. The idea behind …

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Spending Tracking

What is a Pip and How to Calculate Its Value?

If you are planing to become a forex trader then learning about the pip is the most crucial topic to start with. Because it will help you to calculate your profits and losses. A “pip” means “percentage in point”.A pip is the smallest price change of a given exchange rate. It measures in the changes …

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Money Management

Why are You Overtrading and How Do You Stop It

Overtrading is perhaps the number one reason behind consistently losing money in the markets. Do you feel glued to the screen and feel and itch to enter a trade? Do you often regret entering a trade? Better yet, do you often feel relieved that your stop loss was hit because you entered the trade against …

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Silver

Why Physical Silver Belongs in Your Portfolio.. NOW!

If someone invested in Silver back in 2001 for $5 per ounce, they could have made a fortune by selling that ounce of Silver in 2001 for $48, with almost a tenfold return. This is because most investors considered precious metals like Silver as a safe investment during uncertain times during the last decade. Amid …

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Limit buy

An Introduction to Pin Bars

There are those who use indicators and there are those who use price action. I like to combine these two approaches to yield better results. Heck, if I knew how to trade the Forex market using fundamentals, I would have put that distinction in macroeconomics that I got back in school to work! As a …

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Trend

Why You Should Never Use Limit Orders in Forex Trading

Pending orders are great. Since I actually still work for a living, I have always preferred to use pending orders such as “buy limit” or “buy stop” order for my long entries and vice versa. For those of you who are new to trading, pending orders are basically a type of delayed orders that let  …

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sunflower

How To Slap the Jackass Marketing Guys at the Supermarket?

A few days ago, I went to pick up my weekly list of groceries and found something that made me say *(#&(*@#*(&.. And some more.  You see I like French fries as much as the next guy. And I prefer to buy a particular brand of sunflower oil for this. I must admit, I was …

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