Tag: forex trading tips

Top 3 Things You Should know for Forex Trading Success!

Trading Articles
Top forex trading takes a few things if you want consistent and lasting success in this market. This is especially true if you are just beginning your trading journey: Have a look a few things you ought to know: Top 1: Know how to best apply your capital I think for new traders on a somewhat of limited capital base forex is the best market for you to trade. The beautiful thing is it provides the most opportunity for traders with less than a large amount of capital.There are three different types of accounts for a diverse range of traders. The standard account, provides large amounts of leverage for those who are well-capitalized. I would only recommend it to traders with at least $10,000 or more. For traders who don't have that or less there are mini and micro accounts in which the pi...

Binary options money management strategy

Trading Articles
Binary options money management is an important aspect that goes hand in hand towards defining a successful binary options trading plan. Money management is essential in binary options trading, just the way it is in every day life, not to forget, in forex trading as well. Binary options money management is one aspect that is often overlooked. Similar to forex trading, binary options investors need to have a preset trading strategy and discipline. Binary options trading can be tricky, largely due to the fast results. Such an environment can easily trigger the human emotions and even though you keep depositing in small amounts, when it comes to consolidation the bigger picture shows a different scenario altogether. Any reasonable trader/investor will have to practice proper money manageme...
Forex hedging tips explained

Forex hedging tips explained

Trading Articles
Hedging is nothing but a fancy term for insurance, often used in the financial markets despite most traders misreading this term as trying to make a profit from both rising and falling markets. The reason behind this gross misunderstanding of the term has largely to do with the term hedge funds. As one might already know, hedge funds are expected to perform regardless of the market direction; ie. Rising or falling markets. Therefore it is easy to see where this concept of hedging which is primarily all about minimizing losses by way of insurance had transformed itself into a misunderstood concept of making a profit irrespective of the market rising or falling. So what exactly is insurance? It is those small monthly premiums you pay towards either protecting your home against any theft o...