Let us get started with the simplest questions: how did you find yourself in Forex? What was the reason for you to get interested in such a thing?
Author: Timofey Zuev
Let us talk about such a thing as goal-setting in trading. Earlier, my colleague has already touched on this topic in his post👇, which is a practical guide to setting goals in trading. In this post I decided to return to this topic and will try to delve into this problem from psychological side.
Psychology is an important part of a trader's success in the Forex market. Control over emotions (anxiety and trader's fear) is an intrinsic part of any trading strategy.
The Providec trading strategy is one of the simplest Forex strategies that I have ever seen: just two indicators than never close the price chart.
A large update, involving both the mobile and desktop versions, has been installed in the R Trader multi-asset platform. The update provided users with a bunch of new options, and the desktop version now features the Calendar of Corporate Events, extended statistics of the client's accounts, and 4 new indicators.
The truth is that MT5 features many more interesting functions that help in trading while MT4, to my mind, has too many limitations. Let us discuss some of them.
Synergy strategy may be used not only on Forex but also on futures and stock markets if there are indicators for the respective trading terminals.
Any professional analyst knows that analysis must be based on the adjusted stock price. However, there are few of those who really know the financial mathematics necessary for adjusting. Of course, you may rely on some third party and get the adjusted prices from them. However, the understanding of how these adjustments are made is the key to a really successful analysis.
The R Trader terminal is a high-tech product featuring more than 12,000 trading instruments, including stocks of US and European companies, currency pairs, indices, ETFs.
The major components of an algorithmic trading system are research tools, performance, ease of development, resiliency, and testing, separation of concerns, familiarity, maintenance, source code availability, licensing costs, and maturity of libraries.