Every first-time investor looking to profit from trading does not consider cryptocurrency alternatives, focusing on two main ways: trading and mining. The main cryptocurrencies are Bitcoin and Ethereum. The dreams of those who come to the world of cryptocurrency mining are shattered by the "powerful hammers" of mining pools, which have become not just difficult, but almost impossible to compete with.

It happens that by opening a position intraday, the trader gets into an emerging trend and watches the earnings accumulate as it develops. In this case, at the end of the day, there is a picture that gives a high potential for trend continuation and indicates the advisability of leaving position overnight. Traditional short-term trading methods require mandatory closing at the end of the session, which minimizes the risk, but also reduces the potential return. However, there is a style of trading that combines both intraday and overnight trades - swing trading.

Everyone interested in investing has thought about investing in cryptocurrency. Bitcoin has shown record growth from a few cents to more than $60,000. For this reason, many people want to find the very coin, which is now worth a penny, and later will definitely rise in price. In this article, we will talk about the peculiarities of the cryptocurrency market, where to buy them, what assets to look out for, and why investing in coins and tokens is always risky.

Forex trading is one of the most promising activities for those who want to have a source of income, independent of crises, quarantines, and other restrictions. In the foreign exchange market, some assets are always getting cheaper, others are getting more expensive, and every time you can make money on exchange rate fluctuations from the comfort of your home. All you need for forex trading is a computer, the Internet, some knowledge about trading fundamentals, and an account at a brokerage company. Today, we will learn what steps you should take to start trading forex.

Every beginning investor, having defined his investment objectives and risk profile, thinks about how to structure his portfolio so that it meets his needs. There are a large number of financial instruments on the market and the question of proper portfolio structuring is more relevant than ever.

Investors and traders use various methods to predict the price movements of stocks, currencies, and other instruments. Technical analysis tools have become the most common. They use mathematical algorithms to calculate the patterns of changes in quotes and draw conclusions about further developments with a certain degree of probability. The other approach - the fundamental analysis - although complicated, is considered by many investors to be more effective. A beginner in the market should know at least its general provisions.

Almost all beginners have heard of the Price Action method, but many people identify it with the usual candlestick analysis, which is not quite correct. The fact is that the Price Action really takes over many of the provisions of the candlestick analysis, but it is an optimized method for the current market conditions. We suggest taking a closer look at this type of technical analysis to understand what Price Action is and how it can be applied to enhance your trading results.

When it comes to forex trading, there is a fine line between success and failure, and a forex trading plan is something that can tip the scales in favor of one or the other. Given the fact that every decision you make when trading the forex market leads to either success or failure, you want to be able to implement a method or formula that is designed to minimize the risk of loss and help you succeed in your achievements and goals.

Any trading strategy will be absolutely meaningless if you cannot manage your emotions and have not developed a special, trading psychology. You must have three basic components: intelligence, finances, and method.

Day trading is a strategy that involves trading within the day. Sometimes it is possible to transfer positions to the next day, but it is rare because of swaps. Basically, the absence of a rollover fee is the main advantage of intraday trading. Let's consider the essence, strategies, and principles of intraday trading in more detail.