Under stats, about 49% of new forex traders rely on influencers’ recommendations when choosing a broker. Therefore, brokerage companies widely apply the practice of encouraging, e.g., successful dealers or famous bloggers to invite new customers. However, probably the most effective way to gain more newcomers is by implementing referral programs. As a part of such … Read more
Technical Analysis is an approach to forecasting prices by studying past market data, primarily price and volume. Technical analysts believe that all relevant information is already reflected in a stock’s price. Technical analysis takes many forms, but all are based on recent market activity. Trendlines show support and resistance levels. Chart patterns indicate where buyers … Read more
Meme coins are a type of altcoin designed for online tipping and payments. Several different meme coins are available nowadays, and each has its unique features. If you are looking for an easy digitized way to pay for goods or services online using memes, then meme coins may be the right option for you. However, … Read more
The peer-to-peer trading community Covesting has been rapidly growing since its day one debut, because the trading community naturally is a social crowd. They share tips and charts with one another publicly, while also making jabs at one another with memes and more to keep friendly competition high. In addition to being organic banter at … Read more
Hedging is described as buying an asset intended to reduce the risk of losses from other assets. In simple terms, hedging is a risk management strategy that deals with reducing and eliminating the risk of uncertainties. Hedging with forex is a technique used to shield one’s position in a currency pair from an adverse move. … Read more
Forex trading can seem like an attractive prospect for most new investors due to its exciting and hectic nature. However, it pays to note that it is precisely the same nature that attracts would-be investors that also causes most people to fall flat. forex trading is not the kind of thing anyone can pick up … Read more
Built on the same basis, Social and Copy Trading can be quite different when it comes to trading. They pretty much represent new possibilities in trading forex or binary options assets, allowing traders to follow how others do it, and placing their trades in the same way. If you’re a beginner in this world, both … Read more