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There are three types of forex accounts: standard, mini account and managed forex account. Each of them has certain advantages and disadvantages, so the choice of tactics depends solely on your capabilities, the amount of free time for…

Article author Randy Hovell is a licensed therapist and trading mentor. The main direction of his work is learning to manage his emotions, make conscious decisions and apply Jung's ideas in the field of trading. He is the author of four…

A cognitive bias is a systematic flaw in reasoning that can lead to making wrong decisions while investing. A common maxim in investing is that "you are your own worst enemy". Humans are naturally hard-wired to look for shortcuts and avoid…

Very often, when opening an account with a broker, we meet the item “Enable the hedging system” or leave the account without it. Naturally, many traders have a question - what is it and how can you use this feature. A hedging system…

Every beginning investor, having defined his investment objectives and risk profile, thinks about how to structure his portfolio so that it meets his needs. There are a large number of financial instruments on the market and the question of…

Following the "Wizards of the Market", with a certain time interval, another book was published - "Wizards of the New Market". Jack Schwager didn't stop there. As the years passed, more and more successful market conquerors appeared. Of…

The forex market, like none of the financial markets, is subject to the influence of moods, therefore, when trading on forex, psychological aspects occupy a special place. The psychology of the forex market can be divided into two main…

Every trader starts his or her life in the forex market with choosing a good reliable broker and building a trading strategy. Opportunities vary much in broker companies and their services. However, a beginner trader should examine not only…