Author Archives: Bentley Kapoor

Trade Station – A Complete And Impressive Trading Platform and Broker

Trade Station Review

Trade Station is an online broker but the trading platform that comes from this company is one of the most impressive you will find. This trading platform makes use of all the latest technology and software development features to give you an experience you will never find on any other trading platform. First, this trading platform has more than 90 years of data stored on it so when you look at the past market results you will be able to see almost a century of performance of various stocks and options. Trade station is also known for its very fast speed in producing the market performance charts and results. The developers of the platform have always been proud at providing accurate data too.

Crypto Comeback Pro is an automated cryptocurrency trading app that automated all of a traders actions and leaves out emotion and fear, decisions are made by the software only on the signs that the markets are crashing or booming. Entering a trade at the right time is %99.9 better than human trading, because it works on an algorithm programmed by expert traders and can ultimitely cut losses and increase profits for even the most novice traders.

Trade From Anywhere at Any Time

The good thing about Trade Station is that it provides you an online solution. What it means is that you can access your trading platform from anywhere in the world. With its minute-based data that is available for decades in the past, traders can always be sure that they are making right trades at the right time. Another thing that makes Trade Station different from rest of the trading platform is how it is built. This trading platform is open for Trade Station users to make changes to it. Many users have made their own applications that could be integrated onto the software to enhance its functionality.

Community Trading Tips

A huge community of users of this platform also shares tips on a regular basis so everyone can trade safely and well-informed. The order execution speeds of the platform are also admired by its users. The chart pattern recognition alerts are also one thing that makes Trade Station one of the favorite trading platforms of users around the world. With reliable chart alerts you can always see the price developments and where the prices will be going in the coming time. This allows you to make safe trades, especially when you are a new trader. The charting features are also very powerful on this trading platform wherein you can make customized charts for personalized analysis of the market. Lastly, with customizable analytical tools integrated in the software, you can become a successful trader in no time.

4 Reasons Why You Should Use Forex Advisors

Are you a Forex trader? Would you like to know what things you can do to quickly and swiftly execute your trades and stop losses without even being there? How would you like to make more money for his efforts in your Forex trading? The truth is this, all of these can be done if you take advantage of Forex advisors. Most successful Forex pros already know and sometimes use forex advisors to make the trades easier while they attend to other things. However, most beginner forex traders do not know how to use Forex advisors or have never even heard of them. And for those who have, there was the usual skepticism about its potency and efficacy. In this article, you will learn five reasons why Forex advisors are important for your daily Forex trading.

  1. Saves time

The first thing about using Forex advisors is the fact that this will save you lots of time in your trades. What you need to understand is that you don’t have to the market trades all day. With this, you can easily enter trades, setup your Forex advisors and allow it to do the trading on your behalf. Please note that in order to do this you will need to be perpetually online. So, if you have an Internet access that is intermittent, you may want to consider using a VPS for you Forex advisor.

  1. Saves money

If you use Forex advisors and includes stop losses, you could actually save yourself a lot of money. Sometimes, other things may demand your attention where you’re trading. Sometimes in the bid to attend to those things, you could easily lose a lot of money particularly if the market goes downhill at that time. So, instead of just attending those things immediately you could spend 10 to 30 seconds the stoploss rules before attending to those things.

  1. Trading is easier

Contrary to what you may have heard, Forex advisors are quite capable of making your trading processes easier. This they do by simply exiting and entering trades on your behalf. To some degree, you could say that there like a virtual assistant that takes care of all the things you need to do without you being there.

  1. Increased productivity

Have you ever wanted to go do other things while still making profits from your Forex trading? Have you ever thought of making your profits hands off and without necessarily trading money? This is what Forex advisors before you. The help make your life a lot more productive if you have other things to do and to attend to. For instance, most Forex traders are not daytraders. They are mostly people with other jobs who trade Forex on the side. Now, most times there is no way they can do it to the same time. However, with Forex advisors all you have to do is run the program, establish its rules and you can go ahead with your normal daily activities and stop.

Foreign Exchange Trading Tricks

Forex is the short name for foreign exchange, a kind of market which is considered to be the most liquid and largest among all other types of markets all over the world. Are you aware that over two trillion dollars’ worth of trades are done each day?

This will make you think that forex is simply a lucrative way to earn money. However, earning profits may not seem as easy as what you think. At times, forex can sometimes be very complicated. Using a good Forex course such as the one at “Trademy” can go a long way to help you with your trading education. Here are some tried and proven forex tricks which have made many forex traders successful:

Come up with a trading plan – consider the kind of Forex trading system which you think you can constantly cling on to. Keep in mind that good strategies are not enough. You will also need to learn to use trading tools to the best of your advantage. What you need to have a well-planned forex system so that you will something wherein you can apply your learned strategies.

Trade just within your will or means – this is very important because of the inconsistency of the Forex market. There are times that a trader tends to win and there are times that they tend to lose; these things are inevitable and they are common situations in the forex market. Decide for a specific amount which you want to invest in your forex trading business – an amount which you can stand to lose whenever things get worst in the forex market.

Trade with the major currency pairs only – this means that you should only trade or invest your money with the following types of major currencies:

  • US dollar or USD,
  • Canadian dollar or CAD,
  • Japanese yen or JPY,
  • UK pound or GBP,
  • Swiss franc or CHF,
  • Australian dollar or AUD,
  • European Euro or EUR.

The common currency pairs that you need to keep in mind are the following:

  • GBP and USD
  • AUD and USD
  • USD and JPY
  • EUR and USD
  • USD and CAD
  •  USD and CHF

Tips for playing safe when it comes to Forex

Take advantage of the Forex market by using the following Forex trading tips!

You should read the Forex signals and choose the right days to trade in Forex. Some days are more profitable for others. Don’t try to trade at the weekends. Firstly, you will probably not find a broker who can offer weekend trading, but secondly you will not be able to make any profits, as the market is practically dead over the weekends. With no fluctuations in the financial situation, there is little profit to be made.

Read the trends and follow them. You should always buy low and sell high, but those who make the most money do not take risks, but instead follow the trends of the system. Set up your strategy to follow the predictions and you will be able to make profits. It is a good idea to use a broker that will allow you to use a low leverage. Whilst some people like having the extra money to trade with, it can be a huge gambol for inexperienced traders. You should use a low leverage and lower your risk of losing your investment in one trade.

Speaking of gambling, the Forex market certainly shouldn’t be treated as such. If you think that the Forex market is a place of chance, then you are probably inexperienced. When you learn about Forex, you will see that there are many factors that influence the market, including the people that actually use it, and there is certainly the possibility to be able to predict what will happen in the market in the short and long-term future. If you notice that your currency pair price is rising, don’t sell it! You should observe it as it rises, and only sell once it has stopped or slowed down significantly. A price that is rising has the potential to rise further, so make the most of it and maximize your profits!

5 Reasons Why You Should Learn Technical Analysis

In Forex trading, there are two major trading tools through which you can easily predict the outcomes of your trades. These are basically the technical analysis or fundamental analysis. While these two methods are pretty good, their rules and methods of application are different. In this article, you’ll find out why you should learn technical analysis. It is important to know that Forex trading is extremely technical. People who don’t succeed with Forex trading, suffer more losses tend to do so because they are often lacking in one skill all the other. Technical analysis helps you look at certain key economic factors and market prices and make a decision on when and how to trade. So, in order to become a really good Forex trader, here are some of the reasons why you need technical analysis.

1. Little or no dependence on the future

Unlike fundamental analysis, technical analysis doesn’t depend on what the future holds, future governments bonds, or future economic plans. This is because the analysis is purely based on things that are happening right now. The idea behind technical analysis is based on the fact that regardless of your dependence on future events (something fundamental analysis is mostly about), anything can happen that can change the market trends.

2. It basically tells what the market thinks

With technical analysis, you get to use price movement. What this means is that you don’t have to wait for announcements from countries an economic spokesman. All you have to do is to simply follow the market trends using the price chart and then make your calculations and deductions based on that. Price movement is often essential and technical analysis as it can basically tell you the current price of a security and its market movement.

3. You get visual representation of the mood of the market

Using technical analysis, you can easily get an idea of what the market is saying and the mood of the markets. Most times, using the price chart you can easily gauge the motion in the market. This will help you decide on whether the market is bearish or bullish. The most important thing is that you can use this information to enter trades, execute trades, and exit trades depending on the market trends and movements.

4. Ability to spot the decision points

When you understand and know how to use technical analysis properly, you will be able to spot trends and events all the price charts. These altogether generally tend to help you identify the decision points. With this knowledge you can also determine you what direction the markets is going.

5. Ability to go with the market

Most Forex traders do not make any money or profit from the trades because they tend to fight the markets. But with technical analysis, you will be able to easily go with the market trends and not fight it. This is largely because the price charts will provide you with the means of communication between you and the market; the knowledge of which is an essential key to making profits from the markets.