In this article, I’d like to introduce you to one of the most important concepts in trading – momentum. Many of the best traders in the world use a momentum strategy and achieve excellent returns every year. What is momentum trading? Momentum can be signaled by several price candlesticks. Looking at a chart, you’ll typically …
Read moreWhat Is Momentum Trading? (Update 2021 with Examples)
Lately I’ve seen a growing number of people claiming in trading forums that the Martingale strategy is an ideal system that can guarantee you success in the long run. It’s the holy grail of trading strategies, so to speak. But what exactly is this strategy and is it really recommendable? What is the Martingale strategy? …
Read moreMartingale Systems (Strategies) Don’t Work in Forex (2021)
Broker comparison – who is the best? In this article, we are introducing AGORA direct. About AGORA direct Agora direct is an online broker headquartered in Derby, Great Britain. Agora directTM is part of Agora direct Ltd, which has developed into the provider of exchange trading services we know today by way of various stages. …
Read moreAGORA direct – Introduction, review and test (2021)
Is the reward/risk ratio total nonsense or the holy grail of traders? In this article, we’ll take a closer look and show that both views can be true. What’s the reward/risk ratio? As the name suggests, the reward/risk ratio (R/R ratio) is a measure of the relationship between reward and risk. Also known as the …
Broker comparison – who is the best? In this article, we are introducing NAGA Markets. NAGA background information This article is about a fintech company called NAGA Markets, which was established in 2015 and is a brand of the NAGA Group AG. NAGA is a relatively young online broker that enables its clients to participate …
Read moreNAGA Markets and NAGA Trader– review and test (2021)
Trading Forums Babypips Elitetrader Forex Factory Best trading forums by traderlife Best trading forums (Part 1) Best trading forums (Part 2) Best trading forums (Part 3)
When trading, one of the best ways to learn and keep in the know is by connecting with like-minded traders. One issue that I myself have is knowing just where to look for those people, so I started looking for some sites where I would be able to connect and have discussions about the current …
One of the most frustrating issues with trading is that once you have found a perfect trading strategy you are not able to duplicate this easily onto your own other accounts or the accounts of friends or family members. A simple solution to this problem is Forex copiers, but finding one that is both easy …
In this article, I would like to introduce you to the World Cup Trading Championships (WCTC). This is the official world championship in trading. There are tons of stock market games and competitions every year, but the WCTC is the gold standard in trading competitions. Here you trade with your own real money account. No …
Read moreWhat is the World Cup Trading Championships? (2021)
Broker comparison – who is the best? In this article, we are introducing BANX Broker. About BANX Broker This article is about BANX Broker, an online broker headquartered in Düsseldorf. BANX is an introducing broker of Interactive Brokers (IB), a US-based company. This means that BANX acts as an intermediary for IB in Germany. Client …
Most investors believe that only other people make mistakes. However, the fact is that the vast majority of traders and investors frequently make mistakes. In order to help you figure out the best course of action when trading, or simply to refresh your memory, here is a list of some of the key mistakes to …
Read moreLosses with CFDs: The 10 Most Common Mistakes (2021)
Trading with Rayner – Forex Trading Community This is a friendly trading community for Forex and Futures traders.Link to the facebook group New Traders, Rich Traders This group is about connecting new traders with experienced traders. It is about shared knowledge to take all traders to the next level in their trading.Link to the facebook …