Why do you want to trade?

Here is an interesting question for you: Why do you want to trade? Every trader has a different reason to participate in the markets. Ask a thousand traders and you will find a variety of reasons. But if you analyze their answers carefully you will notice that there are three…

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Moving Average (MA)

The Moving Average is undoubtedly the most popular technical indicator in trading. Fairly simple, yet effective it can help you a lot if used wisely. The indicator has several modifications. The most popular are Simple Moving Average (SMA) and Exponential Moving Average (EMA). The difference between the two is that…

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Start here if you are new to online trading

Online trading can be confusing for everyone who is just starting. Forex, Socks, Indices, Commodities, Cryptos, Bid, Ask, Pips, Spread, Slippage, Leverage, Buy, Sell Short, Stop Loss, Take profit, Support, Resistance, Breakout, Correction, Charts, Patterns, Triangles, Double/Tripple Tops/Bottoms, Doji, Shadows etc. etc.... "Everything is hard before it is easy"Goethe In…

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The basics of Online Trading

In this article you will get familiar with the basics you will need when trading online. The purpose is to get familiar with the most important terms, without getting confused with too much details. Trading is like any other skill you acquire in life, the more you practice, the better…

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What is a pip in Forex Trading?

Pip is short for Price Interest Point is one of the basic terms in Forex Trading. You use it when calculating profits, checking spreads and slippage. A pip is commonly described as the smallest step the price of a currency pair could move. As a rule of thumb, a pip…

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What is a Spread in Forex Trading?

The Spread is another important term you need to know when you start trading Forex online. You need to be familiar with the spread, because it represents the cost of your deals. As you already learned the Bid is the price at which you Sell and the Ask is the…

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What is Bid and Ask in Forex Trading?

If you've ever read or heard anything about Forex Trading, you've come across the terms Bid and Ask for sure. The Bid is the price you can SELL at (you expect the price to go DOWN). It is the price on the left in a quote - 1.2398/1.2400 The Ask…

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What is a Trading Strategy?

Trading online without a strategy is gambling. Luck is not a strategy. Hope is not a strategy. Gut feeling is not a strategy. Knowing technical and fundamental analysis is a good start, but still not a strategy. So what makes a good trading strategy? A trading strategy is a set…

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What are the tools you need to start trading online?

There are a lot of tools which you can use to enhance your performance when you start trading online. However if you are just starting trading online, a good PC, reliable connection to the Internet and a trading platform are more than enough. How to choose a platform for online…

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How to find your trading edge?

You cannot be a successful trader without a solid trading edge. It doesn't matter how good are the trading conditions you get from your broker, how fast is your execution, or how sophisticated is your money management. But what do you call an edge when trading online? A set of…

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