When choosing a trading course, the first step is understanding your own trading style. There are four main styles to consider: day trading, swing trading, position trading, and scalping. Day trading is about making multiple trades in one day to catch short-term price moves. Swing trading involves holding positions for several days or weeks to
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Mental models are frameworks or concepts that help us understand and interpret the world around us. They are simplified representations of complex systems or ideas, allowing us to make sense of information, solve problems, and make decisions. In essence, mental models act as mental shortcuts that guide our thinking and behaviour. For traders, mental models
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Did you know that Forex trading, despite its potential for high returns, results in losses for nearly 70% of traders? If you’re reading this, you might be one of those who have faced the frustration and financial strain of losing money in the Forex market. With over a decade of experience in this field, I
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Discover how Heikin-Ashi candles can enhance your trading strategy by reducing market noise and providing clearer trend signals. Learn the advantages, practical applications, and potential drawbacks of using Heikin-Ashi candles to improve your trading decisions.
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When I first dipped my toes into the world of forex trading over a decade ago, I was brimming with excitement and optimism. I thought that with just a small amount of capital, I could quickly turn a modest investment into a sizable fortune. After all, many people believe that forex trading is a quick
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If you’re just starting out in forex trading, the right book can be your best friend. Imagine stepping into a vast, complex world where every decision can impact your success. That’s the forex market for you—a global stage where currencies are traded, and opportunities await those who are prepared. But where do you start? How
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Picture this: you’re diving into the fast-paced world of cryptocurrency trading, where prices change in the blink of an eye. Now, imagine having a powerful tool that uses artificial intelligence (AI) to help you make smarter trades. AI can analyze huge amounts of data, spot trends, and even execute trades for you. But here’s the
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Imagine sitting at your desk, staring at your computer screen filled with flashing currency pairs and market charts. You’ve been dreaming of making it big in Forex trading and envision the potential profits. But then a thought crosses your mind—what if you could amplify your trading power by borrowing some money? It’s a tempting idea:
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In crypto trading, FOMO—Fear of Missing Out—is something every trader has to deal with. You see a coin suddenly shooting up in value, and the first thought that hits you is, “I need to jump in now, or I’ll miss out!” It’s that anxiety, that feeling that everyone else is making money except you, and
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