Technical analysis contains numerous indicators, many of which traders use daily in the financial markets. Few, however, attain the popularity of the Moving Average Convergence Divergence (MACD). Developed in the late 1970s by a gentleman who goes by the name of Gerald Appel, the MACD is primarily defined as a price momentum oscillator, although often … Continue reading Interpret the MACD Indicator Like a Professional: An Introduction
Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do – Pele Trading consistently is tough. It challenges you in ways you’ve not likely been tested before. So, what separates the successful traders from the pack? It boils down … Continue reading Do You REALLY Have What It Takes to Be a Successful Forex Trader?
Over the years technology has revolutionised our world, creating irreplaceable tools and putting useful information at our fingertips. Thanks to these technological advances, it’s easier than ever before to participate in the financial markets. Despite this, novice traders remain vulnerable to costly mistakes. While some trading mistakes are expected, it is vital you don’t make … Continue reading 5 Common Trading Errors and How to Avoid Them
While many still think of traders dressed in coloured jackets in a crowded trading pit, few people picture a computer server churning away making millions of decisions. It is estimated approximately 75% of all US equity trades are not placed by humans, but by machines, also known as ‘algorithms’. The same algorithmic trend is also … Continue reading Algorithmic Trading Explained: The Basics
Markets can remain irrational longer than you can remain solvent – John Maynard Keynes. Like exercising, money management is a concept most pay lip service to, but few unfortunately practice. Just like eating a healthy diet and staying actively fit, money management can seem a laborious, disagreeable motion. It forces traders to monitor positions and … Continue reading Approaching Money Management – A Vital Component