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How much leverage should you use in forex?

Leverage is arguably the favorite thing of every trader and traders just go crazy when they get leverage from their brokers. But, is leverage safe, and should traders go all out with the highest leverage that their brokers give them? Simple answer, no they shouldn?t and you specifically should read this blog post if you disagree.

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Real life usage of FX

When people see the letters ?FX? they often assume it?s referencing trading. But, currency is a part of everyone?s daily lives and increasingly, so is foreign currency. Whilst trading FX is about making a profit, properly managing FX in daily life is about limiting losses.

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Dollar Value of Pips

You?ll hear lots of traders claiming that they profited 50 pips, 100 pips, or 500 pips. But, how much does it mean in dollar terms? How much did they actually profit? Good question to ask right?

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Liquidity: Everything You Need To Know About Liquidity

I am sure that you will have heard traders saying that one currency pair is very liquid while another is not, do you understand what liquid means in forex? Did you know that if you trade illiquid currency pairs then you will most likely lose money on spreads and may have a hard time closing the positions? You need to know about liquidity if you are getting into forex trading.

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Stop Loss to Breakeven: A Complete Beginners Guide

Traders on the internet make this a big issue and if they listen to anyone talking about moving the stop loss to breakeven, they make it sound like it is the end of the world. But, is this really something to be really worried about? Is moving the stop loss to breakeven a bad thing to do in trading?

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Why you should trade Minor Currency Pairs?

Did you know that there are several minor currency pairs listed on the forex market that are much more volatile than most of the major currency pairs out there? What does this mean? More volatility means that price swings more, hence giving you a plethora of opportunities to capitalize on these price swings. Do you want to know how to trade minor currency pairs and make money?

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Rock West App Review

Are you a forex trader? I can tell you how difficult it is to keep your foreign exchange business under control if you are just starting out. You may lack the necessary trading skills compared to other traders who began much earlier than you. However, it is not as if there are no other ways to make money every day from such a venture.

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Can you lose a lot of trades and still be a successful trader?

I have been trading in the financial markets for quite some time now and I have also been able to help lots of beginners get better at trading. One very common thing that my students would tell me is that they just need to win a lot in order to become a successful traders and let me tell you that winning more is not really necessary.

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Most overrated and underrated things in trading

So there are lots of things in trading that is overhyped by people for various reasons and on the other hand, there are things that people just don?t talk about at all and I don?t understand why. These things often end up making beginners go in the wrong direction which only leads to a pitfall and maybe that?s just why 90% of the traders fail.

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3 best Tips for becoming a funded trader

I have had students whom I mentored and they ended up applying to these prop funds for funding and they got the capital too. From what I?ve understood about these prop funds, their verification processes aren?t cakewalk and lots of traders fail these processes, it?s actually quite grueling.

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How you can become a funded trader

I get it, not everyone has access to big capital and maybe they don?t even have that much time and patience to grow a small capital into a big one. So, is their trading journey over? Of course not. Recently, lots of prop funds have to the rescue of such traders and are helping them to achieve their goals by funding them.

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Why trading is frustrating for beginners?

More than 50% of traders quit in the first year itself and in the second year, 50% of the remaining quit too. Is trading that difficult? Well, trading is certainly not easy and for traders that are just starting out on their journey, things can be frustrating which then makes them quit. So, why is trading so frustrating for beginners? Is there any light down the tunnel? Is there a way to make things less frustrating in the beginning?

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Right way to use Technical Indicators

Indicators seem very simple, right? It?s just based on math formulas and in return it gives buy and sell signals that we can easily trade based on it. I have come across so many traders that have built their trading strategies just on indicators and seem to do pretty well for themselves, but still, many people claim that indicators don?t work. Let me tell you that?s not really the case.

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Everything You Need To Know About Multi-Timeframe Trading

There are many ways to build a trading strategy and one such way is to build the strategy on the basis of multi timeframe analysis. But what exactly does that mean? You will have come across many traders that trade such strategies. But why exactly do they do that?

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Is technical analysis dead?

Technical analysis, a trading style, which is followed by many, but is also criticized by many at the same time. There is a narrative out there that technical analysis is nothing but astrology for grown men and people even say that technical analysis doesn?t work and is a dead technique. But is that really so?

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Top 5 Trading Indicators 2022

So here?s the thing, I?m sure you know your indicators and might have also built a strategy around them. But here are some indicators that you should be using, if you aren?t, or else you?re going to miss out on a lot. Don?t worry, I?m not going to talk about these indicators and wrap it up, I?ll also tell you some tricks of these indicators and how you can use it best.

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Rules based Day Trading Strategy - Using VWAP Indicator

I understand that finding a good trading strategy is not so easy but here is a strategy for you that you can use for yourself and maybe make some profit too. This strategy has a 53.33% win rate, 1:1.5 RRR, and within such a month or so of testing, it has generated a return of 35% by risking just 1% every trade.

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Right way to use Moving Average crossover

You?ll hear a lot of traders saying that the price is bullish or bearish because there has been a moving average crossover that happened. But, what does it mean? Do you straight away enter and go long or short accordingly, when the moving averages crossover? Is this the right way to use them in trading?

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What is the best Moving Average to use?

We have so many moving averages available to us, we have SMAs, EMAs, WMAs, SMMAs, but which one should be used exactly? I?ll tell you a secret, no moving average is best, you need to use the right moving average for the right purpose. This is what I?m going to tell you in this blog post.

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Weighted Moving Average (WMA) - Technical Indicator

I?m sure you know a thing or two about moving averages and might even be using a moving average in trading. But, what if I told you that there is a moving average that you don?t know yet and it might just be a game changer?

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Smoothed Moving Average (SMMA) - Forex Monopoly

There are many types of moving averages, should you know all of them? Not at all. But, there?s one moving average that you might not know anything about, yet, and it might just be one of the best moving averages out there.

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Moving Average: A Detailed Beginners Guide

Moving averages are one of the most commonly used technical indicators by traders around the world and I am sure that you also might be knowing a thing or two about moving averages. But, do you know about the most common types of moving averages, why should you use them in trading, and most importantly how should you use them in trading? Read this blog post to find all answers.

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SMA vs EMA

Simple Moving Averages or Exponential Moving Average, which is better? This is one question that every trader asks at some point in their trading journey. What if I told you that there is a moving average that will be way superior in helping you read price better, get sniper entries, and profit big just like I do? Sounds great, doesn?t it? If yes, then this blog post is just for you.

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Donchian Channel Indicator: An Ultimate Guide

The Donchian channel indicator is one of the many indicators that traders have at their disposal. Even though traders know about this indicator, not many actually use it to make trade decisions. In this blog post, you will learn about this indicator

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Why you shouldn?t risk more than 1% to 3% in any trade?

According to many researches, traders that trade with good risk management have way higher chances of sustaining their capital as compared to those that don?t trade with good risk management. Now, one very common risk management tip or trick that is always said is that traders should never risk more than 1% to 3% on any given trade. But, what?s the logic behind this? Or is there even logic behind it in the first place?

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Prop Trading Firms

You will have come across so many traders these days that are getting funded by these prop funds that have popped up. I too have been coming across many videos and articles on this and it was about time that I wrote about it and cleared some air around it too.

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Everything You Need To Know About Trading Bots

There are robots these days that can do literally everything and you know what? People have made bots that can trade completely on their own. But wait, trading is becoming automated too? Bots are going to replace traders? Is this the doom? Don?t worry, your job as a trader is safe, but it could get easier, thanks to trading bots.

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5 Things About Trading No One Will Tell You

There are lots of things that you will hear traders saying about the financial markets and about trading too. But you know what, there are also many important things that aren?t going to be spoken about much by people in this space. Why don?t they speak about it or why aren?t you told all those stuff?

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90% traders lose, is it really worth to trade?

A lot of people ask me this question, ?why did you get into trading when 90% of traders fail??, ?is trading worth it for me?? etc. Well, in this blog post, I?m going to talk about this in much detail. I would suggest you stick around till the end, as I?ll be talking about three key points that make trading worth it all.

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Real Guru vs Fake Guru

There are some gurus that will shorten your learning curve by half and make you a good trader, while there are also some gurus that will only sell you courses that add no value. It becomes very important for you to sign up with a good or a real guru or else you are just going to be wasting your time, energy, and money.

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Psychology of market cycles

Just within the last couple of years, we have seen the markets move in cycles that would otherwise take almost a decade from beginning to end. But, what are these market cycles and why does it happen? Are these market cycles good or bad and how exactly should traders and investors participate in the markets during each cycle? You?ll find all answers in this blog post.

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When to quit trading?

There will be moments in a trader?s journey where they question their profession and contemplate quitting trading. We have all been there and we have had our reasons for it. But are these the right reasons? In this blog post, I will discuss when one should quit trading

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The Elite Trading Mindset

Being in the right state of mind in everything you do is essential and it is paramount in trading. A trader may have a sound trading plan and proper risk management plan but it is also important to have the right mindset to increase the chances of succeeding in this space. A trader may have a sound trading plan and proper risk management plan but it is also important to have the right mindset to increase the chances of succeeding in this space. A sound trading plan...

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How to deal with forex loss?

Consecutive losses can be too annoying and almost every trader goes through this once in his trading career. Too many losses cam lead to many psychological problems like lack of confidence in the trading system,...

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Emotional Trading

Emotional trading. Mastering the psychological elements of trading is an immensely important yet the most neglected aspect of forex trading. Very few traders consider emotional trading to be an important aspect of forex trading. And the traders who have mastered trading emotions...

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