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 popularity of trading forex has immensely grown over the recent past. A lot of folks with or without a good financial background have been drawn to forex thanks to its advantageous characteristics such as accessibility, being decentralized, open 24 hours, and high liquidity. Moreover, the fact that a vast section of the population on […]
Forex trading is exponentially growing, and there’s no denying it. After all, the forex market is among the few markets with the potential of offering huge rewards, open 24/7, and offers diversified portfolios. Interestingly, as the forex markets gain more popularity, more companies are being launched almost daily, and hence competition is getting to the […]
The foreign exchange market is the world’s largest financial market, with a daily turnover of more than $ 5 trillion. Despite its size, the market does not yet have a central exchange where foreign exchange dealers trade. Instead, foreign exchange traders must conduct trading activities through intermediaries (foreign exchange brokers). This shows the importance of […]
Although more and more people have access to financial markets, it has become difficult for them to select the most appropriate financial market. Traders should judge the potential return and loss of financial markets before investing. The foreign exchange market requires less resource to get started. In addition it has high flexibility in terms of […]
In the ever-changing trading world, traders who want to achieve long-term success must learn one skill, which is how to think proactively. In the turbulent foreign exchange world, successful foreign exchange traders often know how to predict the trend of currency pairs and how to plan for the situation. As a novice trader […]
What does the future hold for Forex trading? It is difficult to predict exactly what will happen to the world’s largest financial market, but it is certain that technology and high-tech products will play an even greater role in trade over the next few years. 1. Macro-level analysis: The operation of foreign exchange […]
