How does FED affect money supply?
Before, we get into our main topic, we just wanted to clarify a small common misconception. Quick answer to the question above is the monetary policy; however, a lot of people confuse monetary and fiscal policies or use the terms interchangeably. Indeed, both are macroeconomic tools used to stimulate/slow down the economy....
Risk Management, alongside with discipline, experience and skillset, is one of the keys to unlock the doors of successful and profitable trading. As it can be inferred from the table, even with as low as 40% win rate, it is more than possible to stay consistent and make nice returns, as long as risk management principles are followed.
*We used 30 pips Stop Loss...
“If you give a man a fish, he will be hungry tomorrow. If you teach a man to fish, he will be richer forever.”
Except for the actual execution of trade entries, forex signal services perform all of the functions of a robot. A "professional" trader may provide trading signals (for a price, of course) for customers to act on, in addition to maybe employing an...
Hey, wizards! Happy time of the day.
It's Friday, so we have decided to have a little bit of fun and put out a Trading Alphabet, or in other words, which trading-related tools, securities, phrases do we associate with each and every letter in the Latin alphabet.
Do you agree with the list? What would you add or modify?
Happy upcoming weekend and big love to you...
Good time of the day, dear TradingView family. Happy new month! May March bring you lots of happiness, love, and profits.
Today we are gonna be doing a quick reality check and scrutinizing a long way every trader goes through before becoming successful and consistent.
All beginning traders get super motivated and excited before beginning this long journey....
Right after Russia declared war and started its military operations in Ukraine, the markets started going crazy. Investors started moving to "safe heaven" trades and sticking with "risk-off" securities.
GOLD (XAU/USD) is everyone's favourite to trade for the moment, as the price plummeted straight after the escalation of the war. It has experienced a growth of...
Let’s start our day with some good news: if you’re reading this article, you’re already ahead of 90% people and have successfully completed the first stage “Start”, right now and right here. Most of us see success as something chaotic, lucky coincidence per say. Recently, we made an article, where success was depicted as a visible tip of the iceberg, while...
Hey, fam, welcome on another educational post! The topic is the following: step-by-step guide to building a working trading strategy
The process of building a trading strategy that will lead one to the doors of consistent and profitable trading is a pretty difficult one and it takes quite some time and effort.
1) Firstly, it is crucial to identify what kind of...
Hey, fam! Happy Saint Valentine's Day and welcome on another educational post. The topic is the following: a step-by-step guide to success in trading.
We all start somewhere, right? Something grabs our attention and builds instant interest that makes us persuade a specific thing. If you decide to interview a number of traders and ask them reasons why they had...
Mark Twain once said: “There are lies, damn lies and statistics”. People lie, numbers usually don’t, unless manipulated by liars. If you ask somebody trying to sell you a course or some other products related to the market, they’ll promise you 3x of your money in a week and convince you can start in couple days. Sounds too good to be true? Because it is.
One way...
Hey, fam! Happy Friday and welcome on another educational post. The topic is the following: differences between a trader and a gambler.
We are gonna go through 6 crucial points and elaborate how traders are different from gamblers.
1) As a trader, one’s aim is to focus on the next 100 trades instead of the next 10. Long-term success, profitability, and...
Just like real life, trading life is full of ups and downs. You know those days when you wake up with an absolutely awful mood and you can't figure out possible reasons? Well, there could be several factors influencing it: negative energy of the outside world, bad weather, personal problems and so forth. It is very similar to checking the markets and noticing that...
Good time of the day, family! A lot of you were asking for Part II for our popular chart indicators summary and here it is. Hope you y’all find it useful! Last week, we’ve covered Bollinger Bands, Keltner Channels and MACD (link under the post) and what they’re commonly used for. This week we have:
We've been looking at technical indicators that mostly focus on...
Hey, traders! In this series, we’re going to cover some common chart indicators available for general market. To keep it simple and easy to read, there will be several parts to this educational post. We’re really hope you enjoy it, so let’s get started!
Bollinger Bands are a technical indicator created by John Bollinger that is used to determine market volatility...
One of the biggest things you should understand as a trader is prices don’t just go up and down (well, maybe on a really small timeframe they’re more chaotic). They’re usually backed by some actions, data and things happening in other markets. This all creates general economic tendencies. But how do we know what affects dollar/currency pair and how? Well, here is...
How many traders do you think ask this question to themselves? Well, if we dig deeper into statistics, we’ll see that #1 reason differentiating successful traders from the rest 90%+ is proper use of margin and leverage. For every $50,000 in their account, most experienced forex traders and money managers trade one standard lot. If they traded a mini account, this...
This has been an ongoing battle between generations of traders and we’re here to provide some insight and let you choose between what type of a trader you would like to be.
When it comes to trading, there appears to be a lot of misunderstanding on both sides about the Quality versus Quantity Debate. Because this is such a crucial topic for a trader, we've been...
The rule is pretty simple: if you have many technical confluences backing your setup, the probability of your trade succeeding is really high. On the illustrated BTC chart, a number of confluences is listed. To be precise, there are 4 confluences examined, and they will be all scrutinized below:
1) The current direction of the market is bearish, meaning we are...
