Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.
The main difference between making money and losing is trading with or without a plan. It is essential to know that a trading plan in the forex market refers to the organized method of effecting a trading system that is developed but centered on the market analysis, while also considering the risk management. Even […]
It is a common thing for every new trader to think that making money through online forex trading is stress-free. Making money through forex trading is a steady process that takes time, dedication, and devotion. These three keys are vital for every trader if they want to be successful. It is not possible to […]
Undoubtedly, the forex market can yield insane growth, and for new traders, forex trading is the best platform to start. However, as much as trading forex looks promising, without the right understanding, chances of becoming successful are minimal. The first question that most novice traders ask is the correct lot size to start with, […]
Trading forex has proven to be one of the best ways for folks to increase their income in the current world. One of the gateways of being productive in forex trading is to understand the various concepts of foreign exchange. For instance, the concept of pips is essential as it helps understand how the […]
Is it the only game in town? The trade war between the US and China has no signs of stopping any time soon; in fact, it’s getting increasingly hotter. Each nation is looking for a new financial arsenal to go ahead of the other. In the last few decades, China has slowly but steadily […]
The new role of cross-currency triangulation for forex is due to the fact that there are lots of currencies that cross each other, i.e., currency pairs that have the United States Dollar as one of their constituents, and are not traded against each other. Cross-currency pairs such as the EUR/JPY, GBP/CHF, GBP/JPY, and […]
Most traders in the market often depend on gold and foreign currencies to trade. However, the United States Dollars (USD) is the primary currency when it comes to trading in the forex market. Traders that are looking for a stronger alternative to the USD, to save and earn money, should consider the Swiss […]
Forex trading is now easy as you can be up to date with market news, quotes, charts, and trading accounts through forex applications. The forex market is very volatile, and due to this reason, it is very vital to have some cool applications to help you with the latest news, happenings, trading ideas, and signals […]
Social forex trading has become a norm and trendy as it almost mimics the likes of Facebook, Instagram, and the likes. Social forex trading became popular with the help of companies such as eToro and Zulutrade. Social trading takes a lot – including real money. This is one reason why you can’t follow any forex […]
