Trading in Forex vs Stocks – Which one is better for you? The financial markets offer a wide range of assets classes for investment. What is Forex Trading? The term Forex stands for “foreign exchange”. Forex trading is the process of buying and selling currency pairs. The Forex market is open 24 hours a day […]
Types of Forex Scams and How to Recognize Them There are many scams associated with Forex targeting the public and retail traders. While the Forex market industry is increasing, the amount of Forex scams are also on the rise. Similar methods are also used in cryptocurrency scams. Here’s how to recognize forex scams and stay […]
What is Social Trading and Copy Trading In trading there are many strategies that one can use to make money. Two of the ways that we are going to explain are social trading and copy trading. In the following article we are going to discuss the advantages and disadvantages of these two approaches. Copy Trading […]
Best Tips Of All Time by Warren Buffett There is no doubt that Warren Buffett is the most famous and respected investor of all time. Buffett is also known for his memorable quotes when it comes to investing. On Earning “Never depend on single income. Make investment to create a second source.” On Taking Risk […]
Trading Psychology: Control Your Emotions While Trading What is trading psychology? Trading psychology influences the market behavior which in turn affects your trading performance. Aside from the technical aspects like entries, risk management etc, the most important thing is your psychology when trading. Although, you might be an experienced trader with good knowledge and trading […]
What Type of Forex Trader Are You? There are many types of Forex traders, and each requiring a different approach.There are many types of Forex traders, each requiring a different approach. Whether you choose fast-paced sprint day trading or long position trading, choosing the right style will maximize your chances of success.Read on to find […]
How to Check If a Forex Broker Is Licensed? Just few years ago Forex trading attracted thousands of retail traders with the promise of leverage, generous bonuses and easy profits. This all changed as multiple restrictions, rules and requirements to bring all this excess under control. Currently, traders are encouraged to research the standards they […]
Is Forex Trading Halal or Haram? Forex trading can be both halal and haram depending on the intentions and actions of individual investors. Trading with the right strategy and on Islamic account is halal but trading with a regular interest and no system, it is considered gambling and haram. Forex trading halal is exchanging currencies […]
Which Forex Currency Pairs to Trade? Before analyzing the best Forex currency pairs to trade lets see some of the most popular currencies that can be found in the world of Forex trading. These are as follow: US Dollar (USD) Euro (EUR) Australian Dollar (AUD) Swiss France (CHF) Canadian Dollar (CAD) Japanese Yen (JPY) British […]
Do’s and Don’ts of Crypto Trading DO’S Manage your risks Some people offering crypto trading tips might not have your best interests at heart. So don’t get stung making the same mistakes as others. Use stop loss orders to help minimize your losses when there are sell-offs Set Prices Setting prices when you are prepared to […]