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In the red: How color affects a trader’s behavior
Have you ever wondered how the colors on the chart affect your trading? Color has a powerful effect on our psychology and emotional state. The psychological effect of color is based on the physiology of the nervous system that takes in…
How to read forex trading charts?
Forex analytics have key importance and is an essential part of trading in the international market. With the aid of special instruments, which are called charts and trading bar graphs, a trader can forecast the market changes. To read…
Demonstration contests as an opportunity to assess the seriousness of a broker
Demo account contests are a great way to test your knowledge, gain experience and get a chance to win your first (or additional) real money deposit. But they have one more advantage. You can think of demo contests as an opportunity to test…
GDP structure of Saudi Arabia
Factors that determine the structure of GDP on the example of Saudi Arabia
Saudi Arabia is included in the group of highly profitable countries. In 2018, Saudi Arabia ranked 20th in terms of GDP with $659.66 billion. Let us consider the…
Tracking Markets
Scalping is actively promoted today, and day trading has also been popular for several years, but amazing results are rare among those who choose this type of trading. Most of the time, beginners are engaged in precisely these areas, and…
Top 3 Meditation Practices for Forex Traders
Trading is often a very stressful job that requires traders to be in a constant state of concentration. It’s no secret that following theory is only a part of what traders need to do to become successful. The ability to clear their mind of…
Trading Psychology: What Makes You Lose Money
All traders are different, but mistakes of psychological nature do not depend on gender or geographical factor. This allows us to highlight several of the most common problems and describe them in detail. The trading strategy assumes work…
Who to become: Trader, Investor or Manager?
When a person comes to Forex, to a broker in an office, for example, immediately or after training he is faced with the question of which direction to choose. We will not talk about the "player" category - people who come to the exchange…
Why Do Central Banks Have No Power Over Inflation?
Fighting global inflation, now at its highest point in decades, has become a number one priority for major central banks around the world. Monetary policy measures that include raising rates are not yet having the desired effect – but it…
What is Notional Volume and Why Does It Matter
Notional volume is often used as a measurement when valuing a derivative contract. There are also various other ways derivative contracts can be valued, such as measuring the total value of a position, how much weight a trading position…