Announcement from Spotware:
We would like to inform you that cTrader Mobile Beta has been updated to version 3.1 and is available now to download on Google Play and App Store. The new version provides traders with more functionality for charting and order creation. (more…)Full Article
Ethereum, the smaller “Brother of BitCoin”? Smart Contracts, Gas Money, Mining Applications or (Decentralized Apps) that use ETH…
it’s a large topic,
a great description of what is what can be found on the KingPassive Blog.
This guide will teach you everything you need to know about Ethereum.
Depending on the market certain sectors have either direct or indirect effects on the currency, equity, etf, or commodity. In example the DXY or the dollar currency index runs in direct correlation to any pair with USD in its name. FXY for the Yen FXE for the EUR 40% of a stocks price fluctuations are due to the market, 30% to the sector and 30% to the stock itself (more…)Full Article
In post basic experience creating an edge will give you the greatest leverage, keep it simple, there is little need to complicate things; test(back/forward) until you find a system you enjoy using and has worked over at least 200 trades. Once you feel confident regarding the odds being in your favor, paper trade it until your confidence in your system increases. Start small and increase your lot size as your confidence increases, (more…)Full Article
There is a large confusion about news results and trading them.
Having large orders ready to go seconds after news hit. Can be very profitable.
but never step in the trap that the news results do actually matter in this moment!!
There are a few things you should know and consider about news.Full Article
or in other words, Greed Kills ! as the market will tell you where it will likely to go, not your Profits/Losses!!
why? if you enter late, your position size will be smaller, because you will need a wider stop point (not really a big thing, just the reward is smaller, and the time the trade is “red” may be longer, nothing that can kill us, and in the end ist money being made.
but if you exit too late (or greed makes you stay in the trade),
especially in smaller timeframes, that can have Fatal results.
As widely taught by educators, financial analysts, and other traders, the easiest way to protect ourselves from losses is to use a Stop-Loss order.
A stop-loss order will close your trade at a specific price set by you to limit the loss in case the trade becomes invalid.Full Article
Hedging occurs when a transaction is entered to reduce exposure to a prior trade turning against you and eliminating profits or increasing losses. Hedging is done to decrease the risks and hold a position until the markets begin to move in the original trade’s favored direction.
Just like finding entries, it is even more important finding exits.
It is especially important in the case a Day-trade turns into a swing trade.
Swing trades usually carry much smaller size because the stop-levels are much wider.
Using the same size on a much wider stop would massively increase the risk of the trade.