Trading psychology is a critical aspect of achieving success in the forex market. It deals with the emotional condition of a trader when entering and exiting trades, looking for potential trade opportunities, or carrying out other trading-related tasks.
Forex trading in the U.S. is not the same as in other countries. Although the forex market is decentralized, traders in the U.S. have more restrictions than those in off-shore countries. The forex trading environment in the U.S. is heavily regulated, and brokers have to adhere to strict guidelines.
Several methods are available for analyzing the forex market with the intention of identifying profitable trading opportunities. And, combining the different approaches has been proved to be more beneficial in generating profits.
Forex sentiment refers to the overall feeling the market participants have about the performance of a currency pair. It is a useful way of gauging the feeling or tone of the market and then making appropriate trade decisions.
Back when the FPA was new, there was one unique bit of Felix’s philosophy that really struck me. What caught my attention was that he talked about always donating 10% of his trading profits to a worthy cause. He said that when he did this, new opportunities opened up, and when he didn’t do this, good opportunities were few and far between. This helped to resolve a deep ethical dilemma I have had with the whole concept of forex trading.
Want to get free forex demo account fast without registering with any Forex broker? Follow this MT4 tutorial and Rimantas will teach you how to download MT4 and open MT4 demo account without a broker in a few minutes. In this video guide, you’ll learn exactly how to do that. Rimantas makes it simple for …
Installing multiple MT4 platforms from different or the same brokers is easier than you might think. In this video guide, you’ll learn exactly how to do that. Rimantas makes it simple for you to install and run as many MT4s you want. Why would you want to install multiple MT4 accounts on your computer? There …
Last time, we touched on the strengths and weaknesses of blockchain technology and showed that it’s not as inflexible as many people think. In the last few years, inspired by Bitcoin’s popularity, developers have not only been improving the existing algorithm but also inventing alternatives. As a result, many new cryptocurrencies have been created although Bitcoin remains #1 by far and Ethereum steadily holds second place.
Before we get to the nuts and bolts of Bitcoin mining, let’s begin by understanding what Bitcoin mining is all about. First, where do new Bitcoins come from? Are Bitcoins minted by the central banks? Obviously no, Bitcoin operates in a decentralized network with no central authority at play.
Cryptocurrency can be a scary place for those just getting started with so much to learn and seemingly danger everywhere of doing something wrong, and losing your money. A new user is likely to have a lot of questions, such as what is the safest way to store Bitcoin? What Bitcoin wallet to use?
Yesterday, the US Treasury and Federal Reserve announced some new regulations to fix all of America’s financial problems. Buried deep inside was a small reference to activating an obscure “Metals Act” regulation from January 1945.
An FPA reviewer known as Sydneysider left a link to the article in The Australian in a review for CMC Markets. One of the review moderators passed it to the AsstModerator, and he asked me to write about it. I’d like to thank all three of them for giving me the opportunity to write this.
Happy Friday everyone! Words cannot begin to express my joy. An announcement like this is such a rare and wonderful thing. Smaller countries may come and go, but larger nations don’t get founded very often. We are all privileged to bear witness to such a historic event. Just to make this even better, there’s a hugely generous gift from the new nation to the people of the world.