Avoid These Common Mistakes: Why Forex Traders Lose Money
Avoid These Common Mistakes: Why Forex Traders Lose Money Are you tired of watching your hard-earned money vanish in the forex market, leaving you frustrated and defeated? Many traders face this exact predicament due to common mistakes that can easily be avoided with the right knowledge and approach. Imagine the relief of sidestepping these pitfalls […]
What Are the Best Trading Days for Forex?
The forex market operates 24 hours a day across different time zones worldwide. However, some days of the week are more favourable for trading forex than others. This article covers the best trading days for forex, optimal times during the day, the best months for trading, and the significance of market volatility. Table of Contents: […]
Forex Market Hours: Can You Trade 7 Days a Week with OX Securities?
Forex Market Hours Overview Unlike other financial markets that operate within specific regional hours, the forex market is unique in its global reach, operating 24 hours a day during weekdays. With OX Securities, you can access this continuous trading environment, utilising advanced trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The market opens […]
What Percentage of Forex Traders Quit?
Research shows that 70% to 80% of beginner forex traders lose money and quit. Additionally, 80% of all-day traders quit within the first two years. Despite this high failure rate, you shouldn’t avoid trading. Ox Securities believes understanding common pitfalls and preparing adequately can improve your chances of success. Trading Misconceptions and Mistakes Many traders […]
What are Expert Advisors (EAs)?
Expert Advisors (EAs) are an integral part of the forex trading landscape, especially for traders who leverage automated strategies. They are essentially programs that enable the automation of analytical and trading processes in the MetaTrader platform, one of the most widely used forex trading platforms. Here’s a closer look at what Expert Advisors are and […]
Introduction to Expert Advisors (EAs) Automatic Trading Systems
/*! elementor – v3.21.0 – 25-04-2024 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=”.svg”]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} The landscape of financial markets has witnessed a transformative shift with the advent of automated trading systems. We explore the fundamental aspects of these systems, encompassing key components, advantages, potential risks, and an essential consideration about broker liability. Definition and Basics: Automated trading […]
