Investing in stocks is a risky business but it’s the best way to invest your money. . But with the right knowledge and understanding, you can greatly increase your chances of making a profit. Here are 6 reasons why you should invest in stocks. Investing in stocks is a great way to grow your money. Investing in the stock market my is a great way to grow your money. But how much should you invest?…
There are a few ways to trade crypto successfully. You can make a living by trading crypto and some people have even made millions of dollars. However, it is not an easy feat to accomplish. There are different ways to trade cryptocurrency and to do so successfully, we will discuss five of them in a few lines Choose a Trading Method Trading cryptocurrencies is not for the faint of heart. The volatility of this market…
Bearish Engulfing pattern is a type of reversal pattern that is formed when the price of one security closes lower than the previous day’s high and then, the next day, it opens lower than the previous day’s low. An Engulfing Pattern is a pattern that occurs when a security price has risen to a point of resistance and then falls back to the same level. The result is similar to the pattern of an engulfing…
Arbitrage is the practice of taking advantage of price differences between two or more markets to generate profit. An arbitrage strategy is a trade that takes advantage of price differences between two or more markets. It may be used for speculation, hedging, and risk management. In this article, we will discuss the uses and benefits of arbitrage strategy in trading. We will also mention some strategies that can be used in arbitrage strategies. Uses of…
In the world of technical analysis, candlestick analysis is one of the most widely used techniques. The reason? It’s simple, visual, and easy to understand. You don’t need to be an experienced trader with a master’s degree in financial analysis to understand candlestick patterns. Understanding candlesticks is straightforward. Each candlestick represents a single day in the market. The wide part of the candle is green if that day was positive for that stock, and red…
Exchange rates are the price of one currency to another. That might seem like a simple concept, but international exchange rates can be very complicated. The value of any currency is constantly fluctuating and those fluctuations impact both businesses and individuals. For example, if you’re planning to travel abroad or buy a house in a new country, understanding how exchange rates can affect you is crucial. Even if you’re not an international business owner or…
Traders have invented different ways by which currencies are speculated, invested, traded in the foreign exchange market. This article will take you through the popular ways you can trade forex. Those popular ways are scalping, day trading, swing, and position trading. The different styles are dependent on the timeframe and length of period you are opening the trade for. Scalping The most short-term form of forex trading is the scalping method. For this method, as…
These days, $100 doesn’t buy much, however, if you took a $100 and trade Forex, you would be starting a side hustle for yourself. A successful trading plan is all that you need to trade forex with a $100 and hit on that dream jackpot. At the same time, if you plan to get into the forex trading market, and learn about the industry, with a few wins and losses, then, $100 is a good…
Heard about forex trading yet? I am sure you have. It’s the largest trading market in the world and if you have intentions of jumping into this industry, stay till the end. To be able to manage the risk involved in forex trading, you need to learn about a lot of things. You must have a deeper understanding of the market, the methods used for Forex trading, and create winning trades for yourself. Get an…
How much of the Foreign Exchange Market do you know? Do you know the basics of the Foreign Exchange Market? What about its working principles? Have you been duly informed on how people trade it and what makes currency pairs move? The biggest market in the world Foreign Exchange Market is the biggest market in the world, and trillions of dollars are being traded around the globe daily. It is appealing to all traders regardless…