Using automated systems or trade manually is the big debate that continues to divide opinions in the trillion-dollar currency market. Technology advancements have resulted in a proliferation of tools and…
Backtesting is a process to recreate the historical trades by using the available historical information to find out the subsequent performance of those trades. The process may seem easy, but…
The forex market is highly accessible; thus, it draws millions of people worldwide to pursue income. Unlike the stock market where regulators require investors to maintain a minimum trading balance,…
In the forex market, people have made millions while following simple trading strategies. Similarly, millions in equal measure have seen their hard-earned money and dreams go down their drain. Amid…
The need to gain an edge in trading sees professional traders deploy a wide array of strategies to pursue trading opportunities. While most traders focus on technical analysis and fundamental…
What Is Passive Income? Any type of income that requires an almost negligible effort to generate and maintain can be classified as passive income. In other words, passive income can…
Forex involves the act of trading – buying and selling – currencies, hoping that the rate of exchange moves in favor of the investor. One of the fundamental principles that…
Forex trading comes across as an opportunity to being financially independent but often ends up as a struggle for beginners. Many of them start by trying their hands on multiple…
With tons of forex trading robots on the market, it can be tricky to choose the one that fits one’s needs and allows one to get the most out of…
Traders deploy a wide array of tools to try and gain an edge while trading the forex market. Automated trading systems have become increasingly popular, given their ability to scan…
Overview For as long as the forex markets have gained prominence, there have been different schools of thought over the stop loss – should you use a stop loss or…
In Forex trading, backtesting is one of the most underutilized tools in a modern trader’s arsenal. It refers to the process of testing one’s trading strategy over historical price data.…