What is the 5-3-1 Trading Strategy? Introduction The new entrants to the trading business are normally flooded by a number of strategies that make up the Forex trading. This has not only been attributed to the fact that it is easier to implement than some of its counterparts but actually does the job of providing enough proteins required to build and subsequent maintenance of muscles. This let the trader manage risks, enhance trades’ accuracy, as well as decrease decision parameters that is ideal for those starting as Forex traders. But before we consider how the combination of these principles gives a 5-3-1 trading strategy to create it in the trading process let us know what it means. Consequently, this article will explain what the 5-3-1 rule in trading is, how it works, and here we will provide some tips that are useful to the beginners who wish to use it in Forex trading. Table of Contents Wha...
EA Trading Bot: Expert Advisor Trading – Everything You Need to Know Table of Contents Expert Advisor (EA Trading Bot) : A Complete Guide for Beginners The next important factor is that it is fashionable to automate something in an exchange of forex trading process . Among all the instruments available for a trader to apply for the complete affecting of the trading process, the most powerful tool is the Expert Advisor. But what is an EA in fact, how and when it could be used and is it a good idea for your trading? In this article we will attempt to define what EA trading is, what information about it is important for the audience be aware of and how one can use it. What Is Expert Advisor (EA) Trading? An Expert Advisor (EA) is one of automated trading system and it is programmed for the trading with definite conditions only. Like in the case of using the trading plan such as technical indicators, price signals/ patterns, the EA once it is developed will open, manage and c...
Swing Trading for Beginners: A Beginner’s Guide to the Process S wing Trading is much more widespread as a trading strategy among those hoping to profit from short- to medium-term price fluctuations. Swing trading is entirely different from day trading or trading which begins and ends within a day; in swing trading , positions are held for a few days or weeks, so as to benefit from the ‘swing.’ It helps to track reliable sources and achieve consistent profit for a newcomer without taking much time on constant monitoring of the market. Here you will find all the information you should know about swing trading for beginners, starting with swing trading definition and ending up with the important tools and aspects to consider in this trading activity. Table of Contents What is Swing Trading? Swing trading is kind of trading style which aims at trading the available price fluctuations. It involves taking up positions likely to take anything be...
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