Correlation of Oil and forex

Correlation of Oil and Forex Oil and the forex market are closely tied together in an invisible string. Whenever one avenue is affected by changing prices, the opposing side gets to experience the effects of the price changes. It’s a connection that continues to exist...

Inflation Forecasting Method

Inflation is a crucial determinant where forex exchange rates are concerned. But what is more important is being in a position where you can forecast the rate at which the prices will change. You also have to take into account the fact that the exchange market happens...

What’s Special Drawing Rights (SDR) And Why Is It Important

SDR or Special Drawing Rights refers to a reserve system that was established by the International Monetary Fund (IMF) in 1969. It’s a system that can correctly be termed as its currency, even though it happens to be more of a measurement unit. The IMF relies on this...

How to Balance Work-Life as a Trader

Being successful does not mean that you have to work all day and all year long. It is essential to dedicate your time to trading, but it doesn’t mean that you don’t live your life. Maintaining a healthy work-life balance can be very potent in your overall being and...

How to Counter Distractions when Trading

Upon trading, you are sure to encounter some distractions. The problem comes in how to manage or limit them. Learning how to counter these interruptions could define the difference between a disastrous trading day and a profitable one. As it is widely known, trading...

All about High-Frequency Trading (HFT) that you need to know

High-frequency trading is a trading platform which uses intoxicating computers to carry out numerous orders in whiz-bang speeds. It uses intricate computer algorithms, also known as algobots, to peruse multiple markets and perform requests based on market conditions....

Are Volumes Useful in Forex or Not?

Are Volumes Useful in Forex or Not? Traders are always on the lookout to find useful data and information that might give them a competitive advantage over the competitors. It is even more evident in the technical traders where they have to open different levels of...

Traits Borrowed from Professional Athletes as a Trader

It is no brainer that trading is difficult. Trading can even be more stressing for the 90% of traders who are always looking to achieve consistent profitability. However, to achieve immense success in the trading arena, you have to possess certain habits and traits....

Revenge trading . how to deal with ?

Revenge trading- How to deal with it There are times that trading gets stressing. You will make a trade and think that everything will go as planned and boom! Everything crashes. Even for the funded trader who has been doing it for a long time now and has a system...

5 Questions to ask yourself before start trading ?

Many investors are daring souls. However, when the market is agitated, there is no way one would not panic. Most of the long-term investors suggest that people should close their eyes and invest, but the opposite is rather feasible. Investing with your eyes open can...

How food can affect your decisions as Trader?

Health practitioners argue that breakfast is the most potent meal of the day. It is the reason why many doctors advise that you should not skip the morning meal. New research has found out that not only does breakfast affect your health, but it also affects how you...

How to use Super Thinking and mental models to improve your trading ?

A story is told of two young fish who meet an older fish. The older fish asks them how the water is. They both nod and continue swimming. After a while, one stops and asks the other what water is. The point is that the most obvious things are those, which are most...