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Richard Henry's Blog (28)

A brief comparison between simple and complex trading system

Developing a strategy is what all the traders agree at the initial stage in Forex industry. But whether they will use a simple strategy or follow a complex strategy is where this trader gets divided. In our article, we are going to discuss what strategy is best for the market. Though it depends on the traders and every trader has got their own style in the market, you can still make money if your strategy is simple also. But having or using a complex strategy does not give you the certainty…

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Added by Richard Henry on August 14, 2017 at 11:39am — No Comments

Why most novice traders fails in the forex market

Trading the financial instrument is one of the most complex tasks in the world. Every single day the number of retail traders in the financial market is increasing at an exponential rate due to its extreme level of profit potential. If you look at the professionalSingaporean traders then you will notice that most of them are making a decent profit in every single month. But in order to make a consistent profit, you must have a very clear understanding of the basic of the forex market. If you…

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Added by Richard Henry on July 31, 2017 at 10:25am — No Comments

Rising popularity of trading though smartphones

The modern world is now the age of computer and smartphone. All of the electronic devices we use now a day, the smartphone is the most popular and widely used device. All companies are trying to focus on the development of smartphone and tech giants like Samsung and Sony have their own research centers for advancing the smartphone technology. It does not surprise the traders in the market that their favorite trading platform is now being offered on their respective app store. If you are not…

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Added by Richard Henry on July 14, 2017 at 8:36am — No Comments

You can't be right every time in Forex

There is one thing that separates the great athletes from the average athletes. They have the mentality to accept a loss in the race. If you have seen any Olympic, you will see that there are times when the player stopped racing and helped a fellow racer to complete the race. They have already lost their position in the racing because they have stopped in their running, they will not win any medal in the Olympic which comes in every 4 years. They have won the heart of the millions of viewers…

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Added by Richard Henry on June 30, 2017 at 9:08am — No Comments

A clear overview of the most traded candlestick pattern in the forex market

Understanding the Japanese candlestick pattern is very complicated for the new traders. You have to know the meaning of each pattern in the candlestick chart. Not only that, you also have to understand the single candlestick analysis, double candlestick analysis, and the triple candlestick analysis. There are many important things that you need to keep in mind to analyze the market with the candlestick pattern. In this article, we will give you simple meanings of all the Japanese patterns…

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Added by Richard Henry on April 28, 2017 at 11:29am — No Comments

Top three things that you consider trading as full-time profession

Trading the financial instrument is an art and requires simple but perfect knowledge of the financial industry. There is a strong reason behind the rising popularity of the forex trading. Unlike any other business if you truly know how to trade the live assets in the market than you sky will be the limit for your potential earnings. The forex market has ample of things to offer to the right candidate and similarly if you trade the financial instrument without having a  proper knowledge of…

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Added by Richard Henry on February 20, 2017 at 3:18am — No Comments

Top 4 Secrets to Choose the Right Forex Broker

The foreign exchange market or the forex market is the biggest financial market because of its liquidity and regular turn over. Every day, more than 4 trillion dollars are traded here on a daily basis. This is the reason that the foreign exchange market is the largest global financial market. It is larger than the stock or the future market. Every day, more and more people are trading here in an attempt to earn some more money. Trading in this market is risky, as you can lose your real…

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Added by Richard Henry on December 14, 2016 at 7:12am — No Comments

Trading Strategies Every Options Trader Should Know

Many traders are interested in options trading and want to start trading options. But the most of these option market enthusiasts lack the knowledge about the options strategies which proves to be costly. Traders can take advantage of the flexibility and power of the options trading by putting little bit effort to learn the strategies that work and how to use them in their favour.

 

Some of the effective options strategies suggested by…

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Added by Richard Henry on November 22, 2016 at 5:28am — No Comments

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