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...
Posts by Fxigor
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...
Forex Expert Advisors (EAs) are automated trading systems designed to execute trades in the foreign exchange market based on predefined rules. However, creating a consistently profitable EA with just...
