Are you a revenge trader? While it may sound like the newest superhero saga to hit the Marvel Universe, Revenge Trading is anything but the work of a hero. On the contrary, Vengeance dealers are to be feared and avoided. They are traders who won’t admit when their trades are heading towards a loss or… Read More »
Advanced Forex Blog January 19, 2023 | 1:14 p.m. | Advanced Forex Blog January 19, 2023 | 13:14Advanced Forex Blog Building merchant confidence Are you struggling with confidence in your trades? Do you find yourself questioning your decisions or doubting your abilities? This webinar covers 5 steps to building unshakable confidence in traders to increase… Read More »
Trader Perspective Have you ever witnessed a situation where two forex traders interpret the same chart in a completely different way? If so, you’ve seen a great example of how two people can look at the exact same thing and see different things. This is often referred to as the “perspective” or “perception” of the… Read More »
Recognize and profit from trading trend exhaustion without using indicators What to look for and how to attack when the market shows these 3 keysSigns of trend exhaustion and how to take advantage of it. No indicators needed! If you can properly identify exhaustion trading trends, it is one of the best times to capitalize… Read More »
currency slippage You may have experienced that sometimes you want to enter the trade at a certain price, but its execution happens at a different pace. Can you tell why this happens? This happens due to a phenomenon called slippage. In this guide, we will break down what currency slippage is, how it works, and… Read More »
Forex Trading Patterns In this post, we will discuss five powerful and reliable reversal patterns in the forex market. Generally, reversal patterns provide a great risk-reward ratio potential. We will learn how to identify each of them and how to trade using these patterns. What are reversal patterns? A reversal pattern indicates a change in… Read More »
automated forex trading system Also known as a mechanical trading system, an automated trading system gives traders the ability to specify trade entry and exit rules. Then, once programmed, you can run these rules automatically through a computer. It is a fact that more than 70% of trade in the US bag it is the… Read More »
FOMO trading The fear of missing out on a trade, or known as FOMO in trading, is one among other emotional states in trading that are put to the test over and over again. Before we dive into the fear of missing out, for the purposes of this article, let’s tweak the dictionary definition of… Read More »
Examining the good and bad sides of each of the money management methods At the center of any competent trading strategy is a well thought out and proven money management method. When designed and applied correctly, there is no better indicator to give each entry the best chance of successfully resulting in optimal position sizing.… Read More »
How to master the risks of forex trading? Without a crystal ball or some other clairvoyant lens into the future, you can’t expect all (or most) of the changes in the market. Still, you need to provide a steady income and reduce your forex trading risks if you want to succeed as a professional trader.… Read More »