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: […]
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 […]
The Comprehensive Guide to Trading Charts
Trading charts are essential tools for traders across all financial markets, including Forex, commodities, indices, and cryptocurrencies. They provide a visual representation of market data, helping traders analyze price movements, identify trends, and make informed decisions. In this guide, we’ll explore the different types of trading charts used by professional traders at firms like Ox […]
Technical Analysis: An Overview
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysis, which attempts to evaluate a security’s value based on business results such as sales and earnings, technical analysis focuses solely on the price movements […]
How to Read Day Trading Charts
Ox Securities Guide to Reading Chart Patterns provides an overview of reading charts: Day trading is a dynamic and exciting venture, but to navigate the volatile markets successfully, understanding how to read charts is essential. Charts provide a visual representation of a stock’s price movement, aiding traders in making informed decisions. In this comprehensive guide, […]
