Some of the most relevant traders assure that part of their success is due to their trading routine, a “to do list” that they follow every single day before or during their trades. But there's no accounting for taste, so everyone has his own method. We have selected among our educational content those reports and videos that gather some of the best tips and tricks from the pros. They could help you to improve your daily trading routine. Read what the experts say!
For those that had never hear about it, in ForexSQ we want you to know about this technique. Spread betting is a way of wagering on the outcome of a particular event, where the pay-off is based on the accuracy of the wager, and differs from a simple fixed-odds betting, in the fact that the payout is not pre-defined. Usually, the main purpose of spread betting is to create an active market for both sides of a binary wager, even if the outcome of an event may appear to be biased towards one side or the other.
Many traders have had challenges trading the JPY pairs. However the Japanese traders have had large amounts of success in trading their native currency. This is not just due to familiarity, but the approach and indicators they use to measure key levels for these pairs - the Ichimoku Cloud. This indicator is not only easy to learn, but highly accurate in giving JPY trading signals.
Expectations are the forces that drive financial markets. Investors build their positions and strategies based on expectations, projections and views. For anyone who wants to know what the general consensus of the market, finding would have been extremely difficult in the absence of financial instruments, such as...
TIPS AND TRICKS
Using the distance between your entry point and your stop loss is the most effective way to determine the maximum risk amount. Traders can tailor their positions to stay consistent with their maximum tolerable losses, for example by reducing the position size if the stop is further out.