Best practices and/or Simple tips for forex trading

Below are few simple and very important tips to be followed in forex trading.. Watch and move with the price Know and follow the trend as “Trend is your Friend” Change along with the Trend direction and keep in sync with a higher trend direction (i.e. be in sync #2 hours trend in case you are following 30 mins or lesser trend) Don’t plot and/or follow multiple strategies The best and simple is to follow the trend line in conjunction with moving averages Never miss out setting stop loss Don’t be too short on stop loss, good value would be […]

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Introduction to Forex

Why Forex? It’s a never-ending and never-halted venue to make money as well asbusiness. When you have clear strategy/experience/information in your arsenal you can make quickly make money with as little effort as possible. What you need to become a Forex trader? A hassle-free online Forex trading account. More importantly a thorough learning in a demo account to get acquainted with the use of a vendor-specific trading platform. If you’re wanting to look at initially purchasing cryptocurrencies, you can look at various cryptos, for example, you can buy bitcoin with bank account as well as many other options available online […]

Ways to invest in Mutual Funds.

On-line via Dmat account Advantages: NAV of that day is allocated, if traded during the AMC’s trading hours (usually between 10AM to ~3:30PM) One place and easy management of investments Easy & Transparent money transfer Saves time spent in following up compared to other options Can implement own plan without any change in decisions made All features of being on-line Disadvantages: Costs 2.5% of processing commission/service charge Depends on Computer technology (Software, Internet, trading site being on-line) Directly with the AMC Advantages: NAV of that day is allocated, if traded during the AMC’s trading hours (usually between 10AM to ~3:30PM) […]