Forex vs. Stocks: 12 Key Differences Every Trader Must Know
Are you torn between forex and stock trading? You’re not alone. In 2024, many traders find themselves at this crossroads, unsure which path to take. But fear not! We’re about to unravel the 12 key differences between these two financial powerhouses. From market size and trading hours to leverage and risk management, we’ll dive […]
Top Reasons Forex Traders Fail
The forex market is the largest financial market in the world, trading over $7.5 trillion every day. However, many forex investors struggle to be successful. They often fail for the same reasons as investors in other markets. The high leverage and low margin requirements in forex trading lead to frequent mistakes. Forex Market Trading Hazards […]
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: […]
The Forex 3-Session System
The foreign exchange (forex) market is unique because it operates 24 hours a day during the week. This means people all over the world can trade currencies at any time, whether it’s during their workday, after work, or even in the middle of the night. However, not all times are equally good for trading. Even […]
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 […]
Top 10 Investment Strategies for Cryptocurrency CFDs
Cryptocurrency Contract for Differences (CFDs) offer traders a way to participate in the price movements of cryptocurrencies without the need to own the underlying digital assets. This form of trading combines the volatility of cryptocurrencies with the leverage and ease of access provided by CFDs, creating significant opportunities as well as risks. In this article, […]
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 […]
Fundamental vs. Technical Analysis: Essential Strategies for Successful Trading
In the intricate world of financial markets, two analysis methods stand out as fundamental pillars for traders: fundamental analysis and technical analysis. Understanding the nuances and applications of each can significantly enhance your trading strategy, whether you’re dealing in stocks, forex, commodities, or cryptocurrencies. Learn about the differences between these two approaches, their individual merits, […]