December 17, 2019Comments Off on How to improve your trade accuracy Posted in: Business
Very
few traders in Hong Kong knows the perfect way to improve trade accuracy. Most
of the time they are busy with the profit factors. But if you look at the
experienced traders at Saxo, you will understand the importance of quality
trade exection.You don’t have to execute random trades to earn more money. Just
focus on the trade execution process and try to improve accuracy. If you can
make a profit by executing high-quality trades, you can expect to make a decent
profit from this market. Let’s learn about some amazing steps that can help us
to improve the trade execution process.
Focus on 4-hour time frame
Those
who are trading the daily time frame know the importance of a higher time frame
trading strategy. But do you think you can execute high-quality trades in the daily time frame? To improve your trade
accuracy you must learn to analyze …
October 4, 2018Comments Off on Tips To Improve Your Forex Trading Success Posted in: Business
Investing your money in a foreign currency exchange account, can be both exciting and risky. The best traders are the ones who know that educating themselves is the key to minimizing forex risk. This article shares a few tips that you can employ to make your forex trading experience, more profitable and less dangerous.
Practice with a demo account before putting in real money. Forex trading can be risky and complicated. Using a demo brokerage account will allow you the time to get over the learning curve without risking your skin. Use the time in the demo to test your ideas and skills and see what really works.
To succeed in Forex trading, keep your trade plans and analysis simple and easy to understand. Well organized, defined, and observed goals as well as practices will do you the most good. Resist the urge to over-analyze and especially rationalize your failures, …
August 9, 2018Comments Off on Improve Your Forex Trading Experience, Consider These Tips! Posted in: Business
Forex is the acronym for Foreign Exchange; it can also be called known as FX. In Forex trading, you purchase one currency while you are selling another. Basically, you are trading the sold currency in exchange for a different currency. This article can help you the understand the concepts of this important service.
Make a checklist that must be followed before entering a new forex trade. A checklist forces you to slow down and double check that the trade is truly a good deal. Come up with a list of requirements that are necessary for all deals, and then analyze this list whenever you are thinking about making a trade. This keeps you from getting caught up in the excitement of a new trend.
Look at all of the trends in the market over the course of the last year or season. This will help you to establish the best …
