Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...
Many traders in Nigeria focus on entries, yet the biggest determinant of survival is position size. Drawdowns rarely come from one bad idea alone. They come from a series of trades where exposure was ...
Timing and strategy can make all the difference between a profitable trade and a costly mistake. One of the key techniques that experienced traders use to manage their positions effectively is scaling ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...
Position trading is an offshoot of trend trading, which sees traders following trends through their culmination. Position traders sit somewhere between swing traders and buy-and-hold traders, holding ...
Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...