By setting a stop-loss order, you can protect yourself from excessive losses if the market moves against your position. A common rule of thumb is to never risk more than 1-2% of your trading capital on a single trade. This means that if you have $10,000 in your trading account, you should not risk more […]

With trillions of dollars being traded daily, it presents an exciting opportunity for individuals to make money. In this beginner’s guide, we will explore the basics of forex trading and provide some valuable tips to help you on your journey to making money with forex. Making money forex trading requires a combination of knowledge, skills, […]

With trillions of dollars being traded daily, it presents an exciting opportunity for individuals to make money. In this beginner’s guide, we will explore the basics of forex trading and provide some valuable tips to help you on your journey to making money with forex. Making money forex trading requires a combination of knowledge, skills, […]

Clearly, if you’re trading a highly volatile stock that has a history of fluctuating as much as 5% in price daily, placing a stop order 5% below your entry price is likely to result in an unfavorable outcome. If you’re unwilling to assume the risk of daily fluctuations of 5%, then https://forexbroker-listing.com/fx-choice-broker-review/ consider not trading […]

A few days later, the price drops below the $8 limit, which means the trader can purchase shares until the price reaches the limit. Therefore, to take advantage of such a move if it occurs, the trader enters a buy-stop order to purchase 100 shares, with a specified stop price of $46. A buy stop […]

You’ll see how other members are doing it, share charts, share ideas and gain knowledge. When the market is slow during pre-market time or lunchtime, tick bars assess and present an acute picture of where you should be trading to make the right start. When it comes to price action trading, understanding candlestick patterns is […]

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