From institutional investors hedging portfolio risk to independent retail speculation, the foreign exchange (FX) market caters to a diverse community.
Dependent on financial circumstances, time constraints and trading experience, starting capital varies for retail traders.
The only way to do great work is love what you do – Steve Jobs Most have never envisioned becoming traders or demonstrated a connection to the markets. In fact, it’s likely the majority were introduced to trading through friends or colleagues, enticed by the idea of financial freedom. Many, however, fail to acknowledge what … Continue reading Fall in Love with the Process – Not the Results
Technical analysis is an efficient technique used to study price movements of financial markets, with its findings forming a credible guide to future market direction. One of the most well-known chart patterns is the head and shoulders formation, boasting not only high profitability, but also distinct rules for its assembly. Although considered a high-probability pattern, … Continue reading Trading the Head and Shoulders Chart Pattern
In the 1930s, Ralph Nelson Elliot discovered price movements adhere to certain patterns, composed of what Elliot titled: waves, consequently firing the opening shot in a decades-long debate. Fascinating as it is, the theory is a broad and complex topic within the field of technical analysis, invariably taking practitioners years to master. Despite its complexity, … Continue reading A Primer to Elliot Wave Theory
Over the years technology has revolutionised our world, producing invaluable tools and putting useful information at our fingertips. Thanks to these technological advances, becoming a professional retail trader is a possibility for all. Becoming a consistently professional retail trader, however, is another thing entirely. Trading is a demanding career choice and requires a specific skillset, … Continue reading Become a Professional Retail Trader in 2019
