📊 Copy trading starts with assessing risk, not chasing the highest returns.

Check the drawdown, track record and consistency of results, and consider starting with a small amount.

👇 What do you look at when choosing a trader?

🌈 Imagine a weather map: blue areas signal cold, while red areas indicate heat. Bitcoin's Rainbow Chart works similarly—but instead of temperature, it shows where BTC's price stands relative to its long-term trend, from market pessimism to euphoria.

The Rainbow Chart divides Bitcoin's historical price movements into nine color bands, ranging from "Basically a Fire Sale" to "Maximum Bubble Territory." While it isn't designed to predict future prices, it can serve as a visual guide for long-term investors. ⚡️

The Rainbow Chart doesn't replace tools like RSI or the Fear & Greed Index. Instead, it can complement them by offering a different perspective on Bitcoin's long-term trend.

Who created the Rainbow Chart? How does it work? And how should it be interpreted? Find the answers in our new article.

🎯 Round price levels attract the attention of many market participants and often become reference points for placing orders.

That is why psychological levels can be useful alongside other analysis tools.

Do you use round levels in your trading?

💰 Forex trading is a business—and every business comes with costs.

For traders, these costs typically include spreads, commissions, and swaps for holding positions overnight. A spread is the difference between the buy and sell prices. Commissions are usually based on trade size, while swaps are credited or debited when you hold a position overnight. 📊

Some brokers also offer swap-free Islamic accounts. However, these accounts may come with fixed administrative or other fees instead.

We've broken down the key costs traders should know about and practical ways to minimize them in our new article.

📐 Fibonacci levels can help identify areas where price may pause during a correction.

They become especially interesting when a Fibonacci level lines up with an existing support or resistance zone.

👇 Do you use Fibonacci on your charts?

🏆 The LiteFinance affiliate program can offer more than commissions for referred clients.

In the Successful Partner contest, participants are ranked by their monthly results, with additional prizes for the winners.

🎁 Are you part of the LiteFinance affiliate program?

💱 Thousands of books have been written about currency trading, but only a few explain the basics in simple language—without complicated jargon or promises of easy money.

The Forex market operates 24/5, and you can start with a relatively small amount of capital. However, profits are never guaranteed—they require knowledge, skill, discipline, and patience. 📊

Before placing your first trade, learn the fundamentals, choose a reputable broker, and practice with a demo account. These steps can help you build experience and manage the risk of significant losses.

We’ve broken down, step by step, how to get started with currency trading and which common mistakes beginners should avoid in our new article.

📊 Position size should be calculated based on your acceptable risk, not the other way around.

Set your stop-loss and the amount you are willing to risk first, then choose the trade size.

👇 How much do you risk per trade?