The key to becoming a successful forex trader is developing a sound Forex trading plan and using it on a daily basis. One must remember that a trading strategy that may be working well for one person might not do the same for you. This is because everybody has a different style of thinking, risk […]
In forex trading, making money in a short time is called scalping. The scalpers accumulate money by doing a large number of trades in a day, and it may vary up to 200 trades. And trading time varies from a few seconds to several minutes. Forex scalping is a good method to make high profits
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is how individuals, companies, and central banks convert one currency into another – if you have ever traveled abroad, then it is likely you have made a forex transaction. While
Forex trading, also known as foreign exchange or currency trading, has become increasingly popular in Kenya. The rapid growth of internet access and advancements in technology have made it easier for people to explore the world of online trading. As more Kenyans look for ways to diversify their income streams, forex trading has emerged as
As a trader you may, encounter technical issues with your trading platforms, tools, or brokers can be frustrating. Whether you’re dealing with a slow MetaTrader 4 (MT4) setup, struggling to execute trades, or facing issues with your broker’s trading platform, the way you seek help can make a big difference. Properly asking for support ensures
Here are some common Quotex trading strategies that can help you optimize your trades: 1. Trend Following Strategy 2. Price Action Trading 3. Scalping Strategy 4. Martingale Strategy 5. Breakout Strategy 6. Range Trading Strategy 7. Reversal Trading Strategy Editorial StaffEditorial Staff at Chweya is a team of financial experts led by Vincent Nyagaka, with
A Forex demo account is a free trading account for practice (with no real money transactions involved). Fantastic for beginners who wish to get familiar with Forex trading. Nowadays most brokers allow their users to open demo accounts to try their Forex trading platforms before depositing real money. CLICK HERE TO OPEN A DEMO ACCOUNT Forex demo
In the realm of financial analysis, Year-over-Year (YoY) analysis stands as a pivotal tool, facilitating the comparison of time-series data and revealing insightful trends and patterns. With our comprehensive insights into accounting, financial analysis, and modeling, we delve into the depths of Year-over-Year analysis to elucidate its significance and application across various domains. Understanding the
In the financial world, forex trading stands out as a dynamic and intriguing avenue for those seeking to unlock new opportunities. Short for foreign exchange, forex trading revolves around the global exchange of currencies, making it the largest and most liquid financial market worldwide. While the complexities of forex may seem intimidating at first glance,
Binary options trading has emerged as an accessible and potentially lucrative way to engage in the financial markets. This trading method offers a straightforward approach, where traders can profit from predicting the price movement of various assets, including stocks, currencies, commodities, and indices. However, the simplicity of binary options trading is deceptive; success requires a