Forex trading can be a jungle for those who are not aware of how the financial markets function. A bear trap is amongst one of the traps that one can fall prey to. Bear traps can have devastating consequences when traders fall prey to them. They seem to indicate the onset of a downturn but in reality, lead to a steady increase in the price. In this article, we take a look at … [Read more...] about Bear Trap
Long Term Trading
Also termed as position trading or big picture trading, long term forex trading is considered more effective than holding multiple positions of short term. The longer span indicates trades that extend to weeks, months, days, or sometimes a year too. Despite being profitable, this technique is not for all traders. Only those who do not mind the extended waiting span and shun … [Read more...] about Long Term Trading
IM or Initial Margin
For the purchase of securities, investors borrow cash from brokerage firms via margin accounts. A specific rate of interest is charged by the broker for the borrowed amount. To become eligible for the margin account, the investor should provide specific funds in the form of collateral, money, or securities. This requirement is called the initial margin. How the Requirement … [Read more...] about IM or Initial Margin
Foreximba Review
Another fake trading system we are going to analyze is Foreximba. Its developers claim that this robot allows you to trade on the Forex Exchange market without any experience needed. Therefore, this EA is advertised as a great trading tool that can be easily operated by anyone. The vendor tells us that traders have an opportunity to choose which part they want to trade without … [Read more...] about Foreximba Review
Bull Trap
A bull trap is a pseudo breakout scenario. What happens here is that a buyer goes into a trade with the belief of an upside. Sometimes such stocks do not give an upward trajectory and hit the support levels of the trader's stop loss. What exactly makes the bull trap important? Let's find out! In a bull trap, long-term traders get forced to leave their positions as a result … [Read more...] about Bull Trap
