Category Archives: Trading Bites

Trading is highly profitable, but it is also very tricky.  While there are no hard-and-fast rules to becoming successful in trading, you can pick up some advice from those already ahead of you. Here are 5 pieces of advice from traders who’ve constantly tasted success in the market.  1. Never trade with funds you can’tContinue Reading

There are no shortcuts to success in trading and no step-by-step manual to do everything right. But what most successful traders have in common is a set of good habits that they employ consistently while building their portfolios. Here are 5 habits you should be practicing if you want to follow in the footsteps ofContinue Reading

Trading can be very lucrative because it delivers rewarding results—but only if you do it right. What better way to learn how to trade profitably than from people who have already succeeded in it? Here, we list some of the tried-and-tested secrets for successful trading from prominent traders: Successful trading can be easy. You justContinue Reading

Any Forex trader will tell you that this industry isn’t for the faint of heart. Apart from not having a centralized market to guide you in trading, the Forex market can also become volatile and uncertain at any given moment. If you’re not well-informed or alert, you can lose more than your investments.The first stepContinue Reading

There are no shortcuts to being a successful Forex trader. While the vision of living a lifestyle filled with luxury holidays, big houses, and fast cars is enough to lure people into this industry, it’s also no secret that it involves a lot of risks, changes, and, yes, failures.  But what successful investors have inContinue Reading

Being a new trader can be quite overwhelming, especially with all the technical terms that you’re not familiar with. But if you are going to be successful at trading, it’s crucial that you learn all these terms to understand the financial markets better. Three of the most common terms that you would come across areContinue Reading

Hedging is a process to protect the position we take in a currency pair (referred to as an asset) from the risk of loss caused by unexpected events. It is a method that involves opening two opposite positions, namely, Buy and Sell, with the same lot on a currency pair/asset. For example, you have aContinue Reading

As you probably already know, there are different types of traders with different characteristics and habits. While some trade longer than 24 hours, many prefer to close the trade within the day. Traders as such are called Scalper traders and Day traders. If you think you have the characteristics of both, then you’ll find this trading strategyContinue Reading

In becoming a forex trader, it is essential to understand the different types of traders to know which kind of trader suits your personality best. Every trader has different characteristics and habits that can significantly affect your trading journey.  Some traders can hold positions for days to get big profits, while others make a littleContinue Reading

Any investor would tell you that Forex trading is one of the most convenient ways to earn money. With just a few hundred dollars, a computer, and a good Internet connection, you can already start trading and enjoy good returns even if you’re new to this arena.  But like anything with money involved, Forex tradingContinue Reading