Adding to a losing position? A risk that can pay off

One of the basic rules of trading states that a trader should never increase his/her positions when he/she is at a loss. However, some traders still use this method of position management while still remaining successful. How to do it properly without causing too much damage? We will explore that in this article. In our […]

How to use the power of the trend to achieve higher profits

Every forex trader knows that the key to success is maximizing your profits and minimizing your losses. There are many ways to achieve this, but it mostly depends on the trader’s experience and mental resilience. One of such ways can be increasing the position while the trade lasts. Most traders who fail to achieve long-term […]

Holding trades over the weekend?

To what extent is holding trades over the weekend risky? This infamous, yet essential question has left us wondering whether holding a trade over the weekend is actually profitable. Before we dive into the math, we’ll examine how market gaps impact trading performance in general and what risk we are undertaking when we let positions […]

Trading Crypto and Indices

Trading Cryptocurrencies and Indices can be tricky from time to time as there are different specifications for different instruments. In this article, we will take a look at some different nuances that every trader should know about trading Cryptocurrencies and Indices. Contract size (lot size) It is the standardized number of a financial instrument within […]

3 Reasons Why You Should Trade For A Proprietary Trading Firm

Retail trading, and trading in general,  is often an underestimated profession. Not only that you are risking your own hard-earned money, but you are also your own boss. Although many people say that “being your own boss” is the best thing about trading, it is actually very tough. You must always keep your risk and […]