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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.

International Exchange rate

Where International Exchange Rates Come From

The international currency exchange rates show the units to be exchanged from one currency to another. It is essential to note that prices of currencies can float, which means that they can change continuously but based on a lot of factors. Additionally, currency rates can be fixed to another currency. However, knowing the exchange rates […]

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Stop-Out Level vs. Margin Call

Stop-Out Level vs. Margin Call

Stop-Out Level vs. Margin Call The biggest charm of the money market is that you can use margin to trade.     But for many Forex traders, the concept of “margin” is often misunderstood. The necessary amount of money needed on the account in order to maintain continuous trading behavior is called “margin”. Forex brokers […]

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Traders Lose Money

Why do most Forex traders lose money?

Perhaps the main reason that the majority of traders lose money is that most people have little self-control, can’t resist the temptation of excessive trading and excessive leverage, and no one is responsible for it. Another primary reason why most traders lose money is that they are trying to reverse this trend for some reason, […]

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Forex Trader

Do you have to be smart to be a Forex trader?

In order for someone to be able to move their money in financial markets with more or less success, one should not be very intelligent. Or rather … do not look at the importance given to the IQ score.   There are many people who, as young people, were misnamed as “slow” students, but often […]

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Trading

Rollover: definition and implications in trading

Transactions made with a broker/dealer in the Forex trading are subject to receive or pay interest if the positions are kept open until the next settlement day.   This is what is known as the overnight position (the operation is kept open overnight). Interest charged or received in this transaction is called rollover interest, rollover […]

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Binance

Binance

Full Review Binance exchange is undoubtedly the kingmaker in mid-2018 cryptocurrency. Binance is consistently the world’s biggest exchange, by 24 hour volume, and anytime a coin gets added to the platform, you can bet its value will at least double. Binance grew fast in 2017, but never faltered even when demand was greatest. It remains […]

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