In this article, we will discuss scalping vs. swing trading and the pros and cons of each. Technical analysis involves using statistical trends gathered from price movements and trading activity to forecast future price movements. When considering multiple timeframes, those indicators that can adapt well across short, medium and long term periods should be used.…
Read MoreThe system understands that you can close the trade at any time and increase your balance, so it does the calculation before you actually close. Once you do close the trade and your account balance becomes $10,500, nothing will change about the equity. It will immediately see that you have now a larger balance but…
Read MoreThe base currency is the first currency that appears in a forex pair and is always quoted on the left. This currency is bought or sold in exchange for the quote currency and is always worth 1. Trading isn’t just about making transactions; it’s also about analysis and improvement. Is Forex Trading for Beginners? This…
Read MoreQuick Ratio is important for financial analysis because it measures a company’s ability to meet its short-term obligations with its most liquid assets. It helps assess a company’s liquidity and its capability to cover immediate liabilities without selling inventory or obtaining additional financing. In situations requiring a broader view of liquidity, the current ratio may…
Read MoreWhile it’s essential to keep an open mind and explore various approaches to trading, it’s also crucial to base trading decisions on sound analysis and proven strategies. So, while astrology might make for an interesting conversation starter, it might not be the best guide for your day trading decisions. Just as the changing seasons influence…
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