Day trading has attracted a lot of attention in the fast-paced world of financial markets as a method that could potentially achieve substantial returns in a short amount of time. Being your own boss, being able to make quick decisions, and profiting from market fluctuations can all be appealing propositions for some people. The pursuit…
Category: finance
What Is Ethereum, How To Trade and Buy It!
Ethereum is a decentralized and open source blockchain platform that was first introduced in 2015. It is designed to make the creation and operation of decentralized applications (DApps) and smart contracts easier. Ethereum is a distributed computing platform that builds on the Bitcoin concept by allowing programmers to create decentralized applications using blockchain technology. Bitcoin…
10 SUPER Tips to Become a PROFITABLE Day Trader!
What is day trading? Buying and selling financial instruments, such as stocks, currencies, or commodities, within the same trading day is the objective of the trading strategy known as day trading. Day traders, as opposed to long-term investors who hold positions for weeks, months, or even years, aim to profit from short-term price fluctuations and…
What Happened To Gamestop Stocks? Case Study
The GameStop case refers to a significant event that occurred in early 2021 and involved both the stock of the retail company GameStop and a group of individual investors who organized themselves on social media platforms such as Reddit’s r/WallStreetBets. The event was held in conjunction with GameStop’s stock. The event highlighted a conflict between…
XAUUSD (GOLD) Are Bears Waiting?
The American dollar is able to hold its ground better thanks to the market’s mixed feelings, which has confirmed the price of gold’s downward trend for three days running. The yellow metal is utilizing the situation after a two-week break. After some officials postponed the eagerly anticipated interviews scheduled for Friday at the start of…
EURUSD Uncertain Future? Technical Analysis
After falling to its lowest point in a month at 1.0900, the euro-dollar is seeking to mount a technical corrective. The market’s more positive outlook in the European morning is assisting in containing losses, and risk perception may continue to direct movement up to the end of the week. Due to resurgent concerns about a…
How To Trade With Relative Strength Index (RSI)!
The Relative Strength Index (RSI) is a popular technical indicator used in trading to measure the strength of a security’s price action. The RSI is a momentum oscillator that measures the speed and change of price movements. It was developed by J. Welles Wilder Jr. and introduced in his book “New Concepts in Technical Trading…
XAUUSD (Gold): Will the Bears Take Over?
After yesterday’s erratic trading session, when the precious metal briefly surpassed $2050 before undergoing a severe sell-off and finishing in the red, gold prices have stabilized. Gold lost more ground this morning as the Dollar Index (DXY) hit a brand-new one-week high. Gold has unable to firmly climb over the $2050 mark despite mounting concerns…
10 Powerful Candlestick Patterns to Trade Wisely
Introduction One of the most used trading tools is the candlestick pattern. These patterns’ strength is used by millions of financial experts to spot market momentum, trends, and reversals. Trading opportunities can be found and profited from more easily if traders are able to recognize and use these 10 most potent candlestick patterns. Utilize Candlestick…
8 Benefits of Entry Orders in Forex Trading
Entry orders and forex trading go hand in hand. Utilizing these types of orders enables traders to gain an edge over the market. Entry orders enable traders to create a set-and-forget mindset and allows for more efficient execution and more situations to be more profitable and to reduce losses. Read on to learn more about…