Advice
Holding Losing Trades in Forex
As in any other business, trading in financial markets often involves losses. And the first task of a trader is to learn to control these costs, making sure that returns are steadily greater than losses. To achieve this goal, the approach of limiting or holding losing positions is used. Let us find out which one is better and how to use them.
Guide to Choosing a Broker in 2023
Choosing a reliable broker is an important step in the career of a successful trader. It is the broker, being the intermediary between you and the market, who will execute all your orders and provide a trading arena. Funds intended for trading and earned profit will also be stored at the broker, on your trading account. And on the broker's good faith will depend on how easy it will be to withdraw them.
How to Set Financial Goals in a Crisis
Clearly setting goals is an important step on the road to financial success. They, unlike abstract desires, will definitely work. At all times, you need to be serious and conscious about this question, but in a crisis, it becomes especially important. Let's help you set financial goals in an unstable environment. Let's discuss how to make your dreams a goal and where it's best to shift your priorities in times of crisis.
Should I Have a Trading Plan?
A trader without a trading strategy is not a trader. Whatever the strategy is, it will help you make sense of the chaos in the markets. In this article, we will tell you what a trading strategy is and why you need it. You'll learn why without a well-thought-out strategy you'll either make unstable profits or lose your deposit. But first things first.
Financial Instruments Explained: Types and Asset Classes
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.
Overnight Trading: How It Works and What Are the Benefits
According to some participants of the forex market, night trading is impossible. Indeed, market activity is very low compared to the daytime, but it is this moment that allows you to place the most profitable trades. The reason for this is the benefits of a low activity state of most players in the financial markets.