Collection of Essential Guides for Forex and Stock Trading
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What is the US Prime Rate and How to Trade It?
According to the Wall Street Journal, the US prime rate is the base rate on corporate loans, published by at least 70% of the 10 largest banks in the United States. Generally speaking, as the name suggests, the prime rate also represents the interest rates at which the majority of US banks are lending money […]
How to Become Wealthy by Investing in the Stock Market?
One of the main reasons why many people start investing is that they hope that at some point in the future they might be able to become wealthy. However, there are also many individuals who are quite skeptical about the prospect of getting rich off investments. The fact of the matter is that they have […]
Can Forex Trading be a Full Time Job for Market Participants?
There are indeed thousands of traders who only trade part time. They usually have their own full time jobs and only devote an hour or some other specific amount of time to trading. However, the reality of the matter is that trading with a full time job can be an appealing prospect for many traders. […]
How Investors Can Choose a Decent Stock Broker?
One of the most important factors for succeeding in the stock market is to choose a good brokerage company. All those brokers have different commission structures and quality of service. Consequently, it goes without saying that this can have a major impact on the investor’s future earnings. When choosing a stock broker, the first thing […]
How to Start Investing with a Little Amount of Capital?
One of the most common misconceptions about investing is that one has to have a lot of money in order to get started. This is actually one of the reasons why so many people want to invest, but they can not come up with large capital to do so, and therefore, they do not take […]
How to Keep a Proper Trade Journal in Forex and Stock Trading?
Many experienced professional Forex traders mention the importance of keeping a trade journal. This can be in the form of a physical journal or even an excel file, which records all trades the trader has executed over its trading carrier. In order to maintain a trading journal the market participants have to keep track of […]
How to Choose the Right Brokerage Company for Forex Trading?
There are many trading guides which talk about the important aspects of risk management, strategies, and indicators. However, one question which is often overlooked is choosing the right Forex broker. Yet, the quality of service of the brokerage company as well as its commission structure can have a major impact on the overall trading performance […]
Basics for Successful Risk Management in Trading
One of the most common reasons why some traders lose money on a consistent basis is a result of the failure of risk management. The fact of the matter is that with a proper Forex risk management strategy in place, traders are unable to put some limit on their losses. Here it is worth mentioning […]
How Do Forex and Stock Trading Differ from Gambling?
There are some people who believe that investing in the Forex or Stock market is very risky. They believe that trading is like gambling since there is a significant risk of losing money. Consequently, they prefer to stay away from Forex and Stock trading and limit their investments to real estate, savings accounts, and bonds. […]
How Traders Can Choose the Right Amount of Leverage in Trading?
The leverage essentially represents a loan from a broker to the client and can only be used for investing in trades. There is no standardized level of leverage. In fact, the leverage ratio can range from 1:1 to 1:1000 in the Forex market, depending on the broker. In the case of the stock market, the […]