How to Relieve Stress When You’re a Trader
If you’re a gold forex trader, the best way to relieve stress is to set limits and then stick to them. In other words, since trading forex or any other type of global exchange is definitely a risk, you will need to establish how much you can afford to lose…and then stay within your own […]
Creating a Risk Management Plan
If you’re interested in trading gold or currencies on the global foreign exchange market (forex), you should definitely focus on creating a risk management plan. When you do so, you’ll be protecting yourself right from the very start. It’s never too late to add this element to a trading strategy, so there’s always value in […]
Choosing the Right Strategy for Automated Trading
If you want to work with a forex trader with the best traits, such as logic and foresight, you may be a great candidate for automated trading. A lot of traders these days are opting for automated trading, as it allows them to connect with “trading partners” who do have the right characteristics, including logic […]
5 Fundamental Analysis Indicators Every Trader Should Know
Economic indicators are data that are published regularly by national governments all around the world. They may provide some insight into the pulse of a given economy in different segments. Since there are so many investors and business people closely watching the same pieces of information, these indicators are incredibly powerful and have the potential […]
Strategy Guide: Using The London Hammer Trade for Gold Trading Success
Investments take on a range of forms depending on your intent for potential returns as well as risk aversion. While many people look towards safer investment options, others go into the international Forex Market to invest. Responsible for international currency trades as well as commodities like gold and silver, the Forex Market may be exactly […]
5 Gold Trade Secrets To Reap Big Profits
Gold is traded over the Forex market, known in part for its incredible asset class and international appeal. Managing your gold investments requires experience, skill, and learned behaviours that will serve you well in minimizing risk and maximizing reward. With that in mind, let’s take a moment to review five gold trading secrets used by […]
How to Trade Gold Using the Elliott Wave Theory
Ralph Nelson Elliott began studying 75 years of stock market data in the 1930s. Elliott’s thorough research uncovered that stock markets don’t actually behave in a chaotic matter, but instead rotate through repetitive cycles of highs and lows. Elliott dubbed the upward and downward swings “waves,” hence the name: The Elliott Wave Theory. In addition […]
3 Approaches for Analyzing the Gold Trading Market
Successful gold traders don’t fly by the seat of their pants. Instead, their trading strategy and transaction plans are guided by a combination of three analytic approaches. Here are the three most common types of market analysis and how they can help you succeed with online gold trading: Technical Analysis Technical analysts are all about […]
How to Choose a Gold Trading Broker
If you choose an unreliable broker, gold trading can turn from a great profitable activity into a major headache. Have a smooth and enjoyable trading experience with these tips for choosing a gold trading broker: Secure and Credibility With a lot of money on the line, nothing is more important than ensuring that your broker […]
Gold Trading Glossary: Know Your Terms!
If you are just getting into gold trading on the Forex market, you need to familiarize yourself with some of the most important terms. Get started on the right track with this gold trading glossary: Major/Minor Currencies There are eight major currencies on the Forex market: US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British […]
