The Language of Day Trading Profits Like any specialized field, stock trading has its own language. Since day trading often deals with small shifts in the market, understanding the terminology of small price changes is important for any day trader. Profits are discussed differently in different markets, so you are likely to hear some or … Read more
Overnight Gaps and Trend Trading Overnight risk refers to the risks of what happens to the markets while you sleep or while the stock exchanges are closed and you cannot exit your positions. During this time, your money is exposed, and if you are trading on margin, you are exposed to a margin call. Some … Read more
The Open Range Breakout Currency Trading Strategy for the Scalper The whole purpose of conducting any form of analysis – be it technical, fundamental or statistical – is to try to identify higher probability trading opportunities. One such strategy is to use a European opening range. This strategy will usually focus on EUR/USD, but it … Read more
What Are Currency Pairs? Forex markets refer to the trading of currencies in pairs, with names combining two different currencies that are traded against each other, or exchanged for each other. In addition, the forex markets have given most currency pairs nicknames or acronyms, which refer to the pair and not necessarily the individual currencies … Read more
Internet Resources for Day Traders in Canada | Here are some good websites for Canadian day traders, offering day trading strategies, along with techniques and ideas on managing risk, tax, and stress: Bill Kara is not a day trader, but he is a full-time investor who pays special attention to the markets. Every day on … Read more
Leverage and Margin in Trend Trading One of the secrets of wealth is the use of leverage. In short, the principle of leverage, as applied to making money, is to use a small amount of money to control a large asset. Here, you can explore leverage and how it relates to and differs from the … Read more
Keep an Eye on Financial Markets The forex markets operate in conjunction with other major financial markets, such as stocks, bonds, and commodities. Although these financial markets have seen higher long-term correlations with forex in recent years, short-term correlations are much less reliable. But there are still important fundamental and psychological relationships between markets and … Read more
Cryptocurrencies in Long-Term Diversification When it comes to adding cryptocurrencies to your portfolio, consider the following two types of long-term diversification: 1. Diversify using non-cryptocurrencies 2. Diversify between cryptocurrencies Diversify using non-cryptocurrencies You have many financial tools to choose from when you are considering diversifying your portfolio across the board. Stocks, forex, precious metals, and … Read more
What Affects Currency Rates? The forex market determines the value of one currency in relation to another, so data on at least two major international economies is absorbed simultaneously. Add half a dozen or more other national economies, and you’ll have a great deal of information flowing through the market. Currency fundamentals and technical analyzes … Read more
Examining High-End Investment and Speculation Vehicles In some ways, high-quality investments are not much different from traditional ones: you invest your money and make all the same decisions as the average investor. The difference is the amount of capital in play (usually a lot) or exposure to risk (usually high). In other ways, high-end investing … Read more