Author: Andrey Goilov

Higher economic education. Has been working on the Forex market since 2005. A financial analyst and successful trader. Preference in trading is highly volatile instruments. A member of RoboForex Analytics department, writes short- and long-term reviews for the company’s clients, publishes analytical materials on financial markets. Adheres to classic approach to technical analysis. Holds daily webinars on trading and creating educational materials for RoboForex.

Trader's Checklist for Successful Trading

For successful work on financial markets, it is important to collect a set of rules. Most often, traders draft a plan on paper for no steep movements on the market to make them turn away from their goal. What is more, experienced investors advise to make a sort of a checklist with several questions, the answers to which will show if the time is good for opening a position or the trade is better skipped.

What You Need to Know to Make Money on the Stock Market?

As a matter of fact, the stock market is one of the most promising ways to get profit provided that you have seed money. This factor is very clearly described in a movie called “Limitless”. The main character takes a new nootropic, which makes his brains extremely powerful. Using these abilities, the character earns a pile of money in a very short period of time. and the stock market is exactly the place where he accomplishes it.

False Breakouts on Financial Markets: How to Detect and Use?

What is a false breakout? Types of false breakouts Bullish trap Bearish Trap False breakout of a flat How to detect a false breakout? How to use false breakouts? Closing thoughts In certain cases, it might be unclear to the trader whether there has happened a breakout of the resistance level and, hence, the bullish […]