My Blog
Latest Posts
Is Forex For You?
Should You Or Should You Not Try? Hello, welcome back. I hope you are still keeping well and safe during these times, I am also just trying my best to stay alive. In S.A we just moved to alert level 1 of lockdown and our economy is slowly reopening, we are only...
Economic News 01 – 04 September
Economic News To Watch This Week Ahead Of NFP The markets have been very sleepy lately. It is known that the month of August is a very slow moth for trading. This week we have the most watched economic news from the United States. They'll be releasing their 9th...
Money Management In Forex
What Exactly Is Money Management In Forex ? Money management refers to the set of rules that we (traders) set for our trading accounts. These rules involve things such as when to exit a loosing trade or cut our losses. So basically it is about how much we are willing...
Forex Trading Psychology
What Is Forex Trading Psychology? Forex trading psychology refers to a trader's emotions and their mental state. It is one of the most important deciding factors of whether a trader will make it or not . It is also about a trader's character which plays a...
Economic News 06-10 July
Weekly Economic News To Watch This Week Previously on the news: Due to a bank holiday on Friday, U.S Non Farm Payroll was released on a Thursday. Job numbers rose to 4800K Vs 3037K. These numbers were not necessarily about new jobs, but more about existing employees...
3 Ways To Avoid Margin Call In Forex
What Is Margin Call? Margin call: When your trading account does not have enough funds to sustain open losing trades. The broker will then close all your positions automatically one by one until the account shuts down completely. You could have an account with a $5...
Economic News 15-19 June
Economic news to watch this week Bank Of Japan (BOJ) will issue their monetary policy statement on Wednesday. U.S Retail Sales stats are expected to rise to 7.4% versus -16.4% expected. Fed Chair Jerome Powell is also due to testify on the Semiannual Monetary Policy...
Identify Your Trading Personality
Mind your personality I believe as people we are different, we have different ways of doing things. Our personalities play a big role in the type of businesses or careers that we end up choosing . I am fully aware that as traders, we are all different in...