Traders often attempt to develop Expert Advisors (EAs) to outperform the market, but this approach is typically a significant mistake. Instead, traders should focus on creating a trading system that...
Posts by Fxigor
A rule-based trading system is crucial for ordinary traders as it ensures consistency by making decisions systematic and repeatable. It helps control emotions, reducing the impact of fear and greed...
Pi Network’s Strategic Update for a More Inclusive Open Network Launch in 2024
Latest end of January 2024 News from Pi Network: The Pi Network management has highlighted the importance of Know Your Customer (KYC) processes in transitioning to the Open Network, emphasizing it...
Discretionary trading is buying and selling securities based on the trader's judgment and intuition rather than strictly adhering to a predefined strategy, algorithm, or system. Unlike systematic...
The price of a security, such as a stock or currency, fluctuates daily due to various factors, including political events, economic news, demand and supply dynamics, and market sentiment. While these...
A stop-loss price level is crucial in price action trading because it helps traders manage risk effectively. It serves as a predetermined price point at which a trader decides to exit a trade to...
