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What is Divergence ? Guide to Divergence in Forex

We are not a big fan of indicator trading, and we prefer using price action over indicators. But, divergence is one single indicator based setup which we always consider using. We have used a lot of indicators and learned a lot of indicators based strategies, but divergence still has a different level of importance...


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The Big Gold Rally

Gold has surged around 15%, 2100 pips to be exact, from the last time we posted a blogpost on it. 3 months back we posted an article on how to make 4000+ pips by trading gold. Each and every student of ours and...

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Backtesting - The Key to Expertise in Forex Trading

A successful person is an expert in whatever he does. A lot of practice is needed to succeed in something you want. Likewise, a successful trader is an expert. He understands each and every aspect...

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Is Trading Gambling?

Whenever we tell others that we trade full time for a living, we are thrown questions like isn't it gambling? Isn't it very risky? Why are you getting into gambling for your livelihood? But is this the truth? Are traders gamblers and is trading just gambling after all...


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How long does it take to become Successful in Trading?

Newbie traders are attracted to forex because this industry is portrayed to be a get-rich-quick scheme and these beginners look to make millions in just a matter of weeks. This is an absurd thing to do and it is far from reality and practicality...

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Best Currency Pairs to Trade in Forex Trading Sessions

Even though there are several currency pairs listed on the foreign exchange market which is open 24 hours a day, it is not prudent to trade any random currency pair from the list and any random time in the day. The foreign exchange market or the forex market trades in sessions...

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Forex Scams: How to Spot Forex Scams?

The forex market has never been more accessible to the general public. With the rise in attention towards forex trading, came a rise in several forex scams. There are several types of scams that are targeted at individuals and unfortunately, these scams are successful at times in their pursuits. In this blog post, we will discuss the most common forex scams that are being run and we will tell you 3 crucial...

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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 sound trading plan...


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What is Long and Short?

Everyone knows that traders can first buy a currency pair on the forex market and then sell it and book profits if the price of the currency pair appreciates or book a loss if the price of the currency pair declines. But does everyone also know that traders can also sell a currency pair first and then buy it later...


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Is Trading Gambling?

Whenever we tell others that we trade full time for a living, we are thrown questions like isn't it gambling? Isn't it very risky? Why are you getting into gambling for your livelihood? But is this the truth? Are traders gamblers and is trading just gambling after all...

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Everything you need to know about Risk to Reward Ratio

There is a fuss around risk to reward ratios in the trading community and traders ponder over finding a trade system with a high risk to reward ratio. What exactly is the risk to reward...

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What is Lot? Types of Lot Sizes

From the beginning of our civilization, we humans have assigned certain units to everything we buy or sell. Everything from gasoline to gold is measured in a certain unit and we buy or sell them in those particular units. Consider you go out...

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What is MACD in Forex ? MACD INDICATOR EXPLAINED

What if we told you that MACD (Moving Average Convergence Divergence) is a momentum oscillator but it does not provide overbought and oversold levels and is rather used to trade trends. What? A momentum oscillator for riding trends? Yes, you read it right. MACD is...


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Is Trading Gambling? Banner (1).png

     

Is Trading Gambling?

Whenever we tell others that we trade full time for a living, we are thrown questions like isn't it gambling? Isn't it very risky? Why are you getting into gambling for your livelihood? But is this the truth? Are traders gamblers and is trading just gambling after all...


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updates, techniques, methods about Forex Trading

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