Scalping vs Day Trading - What is the Difference
If you are a forex trader, you probably fall into the category of either scalp trader or day trader. The line that distinguishes the difference between a day trader and a scalp trader is a blurry one.
If you are a forex trader, you probably fall into the category of either scalp trader or day trader. The line that distinguishes the difference between a day trader and a scalp trader is a blurry one.
Japanese candlesticks often form patterns that predict future price movements. Some of them predict bullish price movements, and others suggest bearish price movements. They may appear as single, two, or three candlestick patterns.
The difference between a lagging indicator and a leading indicator is pretty self-explanatory.
In the capital markets industry, a lot of emphases is put on timing, and this is especially true for the online Forex trading niche.
Starting as a Forex trader means understanding and applying support and resistance levels in trading strategies. What if you could predict possible support and resistance zones before they form? You can, by identifying round levels.
Whether you are trading Forex or any other asset class, you are using one of two orders types; a Market Order or a Limit Order. Any other order types you may be familiar with are just variations of Limit Orders and Market Orders.
Did your hairdresser spark up a conversation about them buying Bitcoin in November 2017 or did your dad ask you to help open a Coinbase account?
Leverage allows a Forex trader to increase their position size beyond what they’d normally be able to trade, if they were using only their own account size.
Have you ever experienced an unexpected Forex market spike that took out your stop loss?
We've separately explored each of the three types of Forex analysis and offered indicators to help you create a trading strategy that lets you combine the best of each.
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