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Instaforex: Any trade, whether experienced or a novice, hopes for good luck Any trader, whether an experienced guru or a novice, hopes for good luck. A trader is a profession that involves continuous movement, opening and closing of positions. Do you know that sharks must move throughout their lifetime in order to ensure the blood
A look at the common mistakes that most traders tend to encounter Everyone makes mistakes, that’s why they put erasers on pencils. That being said, the potential to make mistakes in your trading is manifold, and it’s important to familiarize oneself with the most common different issues faced by individuals. There is a fallacy of
A couple of pointers on the basics of technical analysis Trading requires a wide range of skills, which sometimes can range from simple techniques to complex patterns. Being able to identify both support and resistance prices trends more towards the former, though this is no less important for any respective trading strategy. At first glance,
A look at the different factors influencing the number of trades one makes ForexLive Well, how often should I expect to trade? One question that many beginner traders ask is, ‘How many trades should I take each month?’ It is obvious why it is asked as traders are trying to calculate what their potential gains
A look at one of the most used tools in a trader’s trading arsenal A moving average is a simple tool that traders use for different purposes. The main advantage is that it makes trading smoother and if used correctly, can lead to favorable trading results. A simple moving average is calculated by adding the
How long should you hold your trades? It often happens that the abundance of timeframes makes traders perplexed. On the one hand, it’s possible to lose a great deal of time while checking all the timeframes. Moreover, technical analysis of different timeframes may provide confusing signals. On the other hand, a lazy trader who uses
Where does luck come in to trading markets? In the previous article, we talked about trading and probability. Continuing to develop this topic, let’s talk about trading and luck. What is the relation between these two concepts? Can a trader count on luck to get profit? Is it possible to suffer from bad luck in
Embrace the odds in your trading “Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.” ― Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance