Here are three rules that make sense in theory but may cause problems in practice
Which of these did someone pass on to you as hard-won wisdom? Tell us in the comments
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💡 Balance, equity, margin and free margin — four numbers you should understand before opening your next trade.
They show what you have, what is currently being used and how much room you have left to trade.
👇 Do you know the difference between balance and equity?
They show what you have, what is currently being used and how much room you have left to trade.
👇 Do you know the difference between balance and equity?
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💱 What looks like a simple number at a currency exchange holds the state of an entire economy behind it.
Central banks and governments can move a rate through monetary and fiscal policy, and the rate itself responds to inflation, GDP, and the trade balance. Some countries let their currency float, while others keep it fixed. The UAE and Qatar, for example, peg theirs to the US dollar 🌍
The new article explains what drives currency pairs and how traders can put that to use.
Central banks and governments can move a rate through monetary and fiscal policy, and the rate itself responds to inflation, GDP, and the trade balance. Some countries let their currency float, while others keep it fixed. The UAE and Qatar, for example, peg theirs to the US dollar 🌍
The new article explains what drives currency pairs and how traders can put that to use.
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What's your trading level? Tell us in the comments
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📊 A trading idea may look convincing until you test it against historical data.
The Strategy Tester in MetaTrader helps you evaluate results, trade count and maximum drawdown before using real funds.
👇 Do you test your strategies before trading?
The Strategy Tester in MetaTrader helps you evaluate results, trade count and maximum drawdown before using real funds.
👇 Do you test your strategies before trading?
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📅 A year has 365 days. Only about 252 of them are trading days, at least on US exchanges.
That number comes from simple arithmetic. Take all the weekdays in a year, subtract the market holidays, and 252 is what remains. So, annual return and volatility are calculated on 252 days, not 365 📉
The new article shows how the number is calculated and how trading calendars differ from one exchange to another.
That number comes from simple arithmetic. Take all the weekdays in a year, subtract the market holidays, and 252 is what remains. So, annual return and volatility are calculated on 252 days, not 365 📉
The new article shows how the number is calculated and how trading calendars differ from one exchange to another.
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Here are three situations where that voice turns ordinary statistics into panic or greed
Which of these three does your critic use on you? Tell us in the comments 💬
💎 Trade Smart 💎
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