One of the most common mistakes made by beginners is not having a plan. A trading plan outlines the strategies and techniques that you’ll use to execute trades and manage risks. Without a plan, you’re ...
Forex trading has a reputation for being complex, filled with charts, technical terms and endless market chatter. But at its heart it is surprisingly simple. You are buying one currency while selling ...
Around forty years ago, my lifelong obsession with trading and markets began when I started work in the interbank forex market. Even after all these years, I can remember all too well what I felt ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nearly 30 years ago, the foreign exchange market (forex) was characterized by ...
Historically, short selling (also referred to as ‘shorting’ or ‘going short’) has been used in stock markets under negotiated contracts. However, it has spread to almost every financial instrument, ...
Trading with margin is a new concept for many novice market participants, and one that is often misunderstood. Margin is the minimum amount of money required to place a leveraged trade and can be a ...
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