Can Forex Trading Make You A Millionaire?
Sure, Forex can make you a millionaire. But is it likely that you would become a millionaire trading Forex? Well, it depends on a lot of factors. You should know
Sure, Forex can make you a millionaire. But is it likely that you would become a millionaire trading Forex? Well, it depends on a lot of factors. You should know
Yes, for anyone who has what it takes to live off trading, trading forex full time can be a good idea. In fact, it can be highly liberating as it
The purpose of each technical indicator in forex is to help traders make better trading decisions. The use of technical indicators can mark the difference between success and failure when running
This is one of the most common questions aspiring forex traders ask. But the answer is not that straightforward. Becoming rich trading forex depends a lot on your circumstances. While
A retail trader in the forex market is like a small fish trying to survive in a shark-infested ocean. With many professional and institutional traders who can manipulate the market
It is quite common to hear aspiring traders ask the question: “How long does it take to learn Forex trading?” It’s a question anyone interested in the forex market would
As the forex market is getting really popular by the day, due to its round-the-clock availability, ease of access, and huge liquidity, some people are seriously considering trading forex as
“Out of the many forex technical indicators, which is the best technical indicator on its own?” This is a common question among many forex traders. Forex traders don’t include indicators to their
Let’s start with a quote from Conor McGregor, an athlete: “There is no talent here; this is pure hard work. It is an obsession. Talent does not exist here; we
Candlestick signals are very important to any trader because they show how the buyers and sellers are interacting in the financial market. Candlesticks are more than what traders see on the
There are many trading strategies traders use to tackle the forex market, but only a few can be as reliable as the London breakout trading strategy, which institutional traders have
Also known as the AB = CD pattern, the ABCD harmonic pattern is a widely known chart pattern because it is the building block of many other chart formations, even
Choosing the right currency pair to trade, without the help of a currency strength indicator, is one of the most difficult things for a forex trader. Trying to determine from
The Gartley pattern is one of the harmonic patterns, which are special chart patterns used in technical analysis to show where an extended pullback in a trend is likely to
The Crab pattern is one of the harmonic trading patterns that traders use in finding trading opportunities with good reward/risk ratios. Widely used across the financial markets — forex, futures,
The foreign exchange (forex) market is a decentralized marketplace that you access via forex brokers which, to say the least, are free to operate the way they want. You must
The Japanese candlestick chart is one of the most widely used chart types in forex trading, and the reason is simple — the candlesticks form recognizable shapes and patterns that
You may have heard about hedging before and probably thought it’s something for fund managers and institutional investors, but hedging strategies are meant to help reduce the risk of adverse
If you wish to trade the forex market, one of the first things you have to learn is the concept of lot size. The concept lies at the center of
Have you heard of Ed Seykota? You should! He is a well-known trend follower of our time. Michael Covel tells us that Ed Seykota turned $5,000 into $15,000,000 within a period of 12
There are different types of forex orders that you can place in the forex market. If you have used different forex trading software, they must have exposed you to the various
The Commodity Channel Index (CCI) is a popular indicator among traders for analyzing the financial markets. It is a momentum indicator that belongs to the oscillator group of technical indicators. Such indicator
Each Forex trader should know how to setup the MetaTrader4 trading platform. Today, most forex trading transactions are executed online. The trading technology has advanced greatly and traders are now able to
There are different ways to make money in the Forex market, include the use of currency arbitrage strategies. In Forex, people attempt to make profits by anticipating the future direction of