How to Use the Relative Strength Index to Make You a Better Trader
By knowing the 4 RSI cycles you will increase your profits when trading the markets. Although this article is using currencies as the base, the same principles can be applied to stocks and other commodities as well.What To Look For When Choosing A Bitcoin Trading Bot
Cryptocurrency market has become very popular and every trader is looking to make it big with bitcoin trading. It is however a very volatile market that can be hard to keep up with, especially considering that this is a market that never sleeps unlike the stock market. To make things easier for traders, trading bots have been developed. A trading bot can be defined as software program which is designed to interact with financial exchanges directly so relevant information is obtained and interpreted so orders can be bought and sold on the traders’ behalf.Forex Trading – Top Tips to Consider
Forex trading is nothing but trading in currencies of different countries i.e., Exchange of one country currency for another country currency. Now, you might think who decides the rate at which the currencies can be exchanged? The answer is so simple; there are certain economic factors such as, the purchasing power of the currency in respective countries, inflation and many other geopolitical aspects that influence currency exchange rate. All these factors that are micro and macro in nature affect a country’s currency value and also exchange value.How to Use the Breakout Cycle to Make Profits
The breakout cycle trading strategy is one of the easiest ways to make profit in the Forex market. You should ad this strategy to your toolbox to increase your chances to profit.How To Manage Your Money In Any Market To Make Profit
Two years ago, I learned a hard lesson about money management. By trading in big blocks trying to speedup the process of doubling my account, I ended up loosing all of the money in that account. Ouch! This article shows you how to avoid some of the mistakes I’ve made and how to stay profitable.What Is The Right Indicator To Achieve Success?
Technical indicators are a great way to forecast the market direction. However, mathematical formulas are constant and can’t take into account human reaction to market news. In this article we discuss why you must take into account the market sentiment before entering a trade.Which Is the Best Trading Method for Your Trading?
Whether you are a beginner or a seasoned trader, if you are struggling with your trading, you should do rule-based trading to achieve profitability. By following a strict set of rules, rule-based trading takes all the guessing out of trading and will make you a better trader.Which Is the Best Market Cycle to Trade?
The Forex market is made up of three cycles. You must understand the different patterns and formation within these 3 cycles to be a successful trader. By aligning your trading strategy with the current trading cycle, your chances of a successful trade increase exponentially.