All forex traders are interested in as many methods of making profits with the lowest risk possible. Discussions of new and relatively unknown strategies are constantly hot topics. One strategy that may not be popular in forex with the masses is the carry trade. The carry trade is a long-term type of speculating in forex involving some decent knowledge of the interest and … [Read more...] about The Carry Trade in Forex Explained
Trading Tips
Is There a Recommended Leverage Ratio to Use in Forex?
We hear and read so many recurring statements about leverage in forex, such as it's a double-edged sword or it's the number one reason people lose substantial amounts of money. Naturally, the question becomes what the correct leverage ratio to use is. People throw around different numbers like 1:200, 1:100, or 1:50. Some brokers have received negative feedback over … [Read more...] about Is There a Recommended Leverage Ratio to Use in Forex?
Top Trading Professionals’ Mistakes You Should Avoid
The 90/90/90 rule in the trading industry that states 90% of investors lose 90% of their money in the first 90 days also holds for traders at a professional level. Some of the mistakes still haunt advanced market participants for a long duration. While they are constantly journaling to remove errors, their past horrors add up to haunt them. Our article will cover all the … [Read more...] about Top Trading Professionals’ Mistakes You Should Avoid
Easily Identify Scams with These Tips
Trillions of dollars in the financial markets attract investors from all over the world, including many scammers. With little to no knowledge of the industry, these fraudsters try and rob you of your money through various Ponzi schemes. Their primary target is beginner traders who are attracted by the get-rich-quick methods. Our article will discuss the potential places where … [Read more...] about Easily Identify Scams with These Tips
Commodities and Currency Correlations: How to Profit From Them
The prediction that takes place in the currency markets comes down to several things. For starters, people analyze economic releases and monetary policies to try and predict price action. Besides, some traders base their decisions on the interrelationship that exists between commodities and currencies. Time-tested connections are standard among these two instruments. In some … [Read more...] about Commodities and Currency Correlations: How to Profit From Them