Basics
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Different Types of Trading Styles
Basics
Beginner
3 MinutesThe financial markets can provide exciting and profitable opportunities but require significant effort, discipline, and time. There are many different approaches to trading, and the amount of time a trader may dedicate to trading the financial markets varies greatly.
However, a trader’s trading style vastly depends on their financial objectives, investment duration, risk appetite, and other relevant considerations. In this article, we are going to...
However, a trader’s trading style vastly depends on their financial objectives, investment duration, risk appetite, and other relevant considerations. In this article, we are going to...
An Introduction to Financial Markets
BasicsBeginner2 MinutesAny marketplace that provides the opportunity to trade financial instruments is referred to as a “Financial Market,” including the stock market, bond market, forex market, derivatives market, etc.
They play a crucial role in facilitating the process of trading any type of asset by providing liquidity and building a secure place to connect buyers and sellers to trade simply. Keep reading this lesson to learn more about the financial markets a...
They play a crucial role in facilitating the process of trading any type of asset by providing liquidity and building a secure place to connect buyers and sellers to trade simply. Keep reading this lesson to learn more about the financial markets a...
How to Choose a Trustworthy Broker
BasicsBeginner2 MinutesAre all forex brokers trustworthy? How can we select a reliable broker for Forex trading? The first step in beginning Forex trading is to select a broker. There are plenty of brokers worldwide, all claiming to provide the best services to their clients.
While it is crucial to consider the pros and cons of the broker, we must first ensure that we can trust that broker. In this lesson, we'll go through how to pick a trustworthy broker. Stay with us at...
While it is crucial to consider the pros and cons of the broker, we must first ensure that we can trust that broker. In this lesson, we'll go through how to pick a trustworthy broker. Stay with us at...
Supply and Demand
BasicsBeginner2 MinutesHave you ever wondered about the factors influencing the value of assets in financial markets? How do the dynamics between buyers and sellers come into play, and why does the market occasionally remain stagnant instead of experiencing upward or downward shifts?
Well, the answer lies in the concept of supply and demand! In this lesson, we'll answer these questions and more! Keep scrolling.
Well, the answer lies in the concept of supply and demand! In this lesson, we'll answer these questions and more! Keep scrolling.
Beginners Guide to Buying and Selling in Forex
BasicsBeginner2 MinutesIn the forex market, currencies can’t be physically touched or held and are traded electronically through a network of financial institutions, such as banks and brokers. Buying and selling in the forex market is the foundation of trading, and understanding the dynamics of this process is crucial for any trader looking to succeed.
This lesson will delve into the basics of buying and selling in the forex market and explore the concepts of bid and as...
This lesson will delve into the basics of buying and selling in the forex market and explore the concepts of bid and as...
An Introduction to Trading Psychology
BasicsBeginner2 MinutesTrading psychology refers to the mental and emotional aspects of trading that impact a trader's ability to manage gains and losses, handle risks, and stick to their trading plan. Emotions play a significant role in every trade, and a trader's ability to manage these emotions is a crucial aspect of their trading psychology.
It is not feasible to completely eliminate emotions from trading, and it should not be the primary goal. Instead, traders sh...
It is not feasible to completely eliminate emotions from trading, and it should not be the primary goal. Instead, traders sh...
Essential Steps for Developing a Trading Plan
Basics
Intermediate8 MinutesIn the world of financial markets, having a well-defined trading plan is like having a roadmap that guides you through the complexities of trading. For learners in trading academies, understanding the importance of a trading plan and knowing how to create one can significantly contribute to their success. In this lesson, we'll dive deeper into the key aspects of developing an effective trading plan that sets a solid foundation for trading success.
Swing Trader vs. Position Trader
BasicsBeginner4 MinutesAs financial markets grow rapidly, various trading strategies and trading styles have emerged, providing traders with significant returns. Swing trading and position trading are two popular trading styles suitable for traders aiming to realize substantial profits in the long term.
While there are different strategies for long-term trading, in this lesson, we will just focus on swing trading and position trading and explore each trading style and the mai...
While there are different strategies for long-term trading, in this lesson, we will just focus on swing trading and position trading and explore each trading style and the mai...
What Is Short/Long in Forex?
BasicsBeginner2 MinutesAlthough forex is the world’s largest and most liquid market, it suffers from volatility and fluctuating prices rapidly in response to various economic and geopolitical factors. However, traders can also fish in troubled waters and profit from the price movement by buying long and short selling, the practice of exchanging a currency pair as its value changes.
In this lesson, we’ll explore what the long and short selling are, their role in th...
In this lesson, we’ll explore what the long and short selling are, their role in th...
Registering on a Broker (ITB-Oriented)
BasicsBeginner2 MinutesRegistering with a broker is the first step in trading the Forex market. A broker acts as an intermediary between the traders and the Forex market, allowing them to trade various assets while providing useful information to help investors make educated decisions. This lesson will concentrate on the process of enrolling with a reliable broker. Keep scrolling!
Bulls and Bears
BasicsBeginner1 MinutesIt might be funny or odd to hear the terms "Bull" and "Bear" for the first time when it comes to the financial markets. However, these two are the most commonly used terms in the financial markets, defining market participants’ bias on the market. Let’s delve into this lesson, explore these two terms, and discover where they come from.
What Is Forex?
BasicsBeginner2 MinutesThe financial market boom provides all people around the world with a new side of making a fortune and piling up their money! Old or young, you should have heard about the largest and most liquid market in finance, the forex market, where currencies are traded between people directly!
Despite its reputation, many people still need to learn about the inner nature of the forex market. In this lesson, we’ll answer all questions about the forex market...
Despite its reputation, many people still need to learn about the inner nature of the forex market. In this lesson, we’ll answer all questions about the forex market...
Confirmation Bias: Synopsis and Types and Effect
BasicsBeginner2 MinutesIn this lesson, we will delve into the phenomenon of Confirmation Bias, examining its definition, common types, and how it can impact both individual traders and investors as a whole.
Drawdown and Max Drawdown
BasicsIntermediate7 MinutesImagine a roller coaster ride through the unpredictable landscape of financial markets, where prices rise and fall. Just as a roller coaster has its thrilling drops, the world of trading has its own heart-pounding moments known as 'drawdowns’! Keep scrolling to find out what exactly drawdowns are and discover the effective strategies to minimize them!
The Significance of Trading Journals
BasicsIntermediate6 MinutesReflecting on your past journey to recognize your lows and celebrate your highs can craft a smoother road ahead, ultimately leading you to the peak of your game! When it comes to trading in financial markets, it’s crucial to monitor your successes and setbacks while nurturing your progress to foster growth and skill development!
This is precisely where trading journals play a crucial role! In this lesson, we will explore the significance of tradin...
This is precisely where trading journals play a crucial role! In this lesson, we will explore the significance of tradin...
Exchange Rate
BasicsBeginner1 MinutesThe financial markets, especially the forex market, consist of various terms and definitions. One of the most essential definitions that every trader who wants to trade currencies or invest in international markets needs to know is the exchange rate.
What Is a Day Trading Strategy?
BasicsBeginner2 MinutesMaking high-risk, high-reward trades in volatile financial markets may be thrilling. Day trading style has captivated traders worldwide as it provides the opportunity for enormous profits in a single trading day. However, with significant returns come great risks, which can be challenging for beginners and novices.
Accordingly, the day trading style requires discipline, experience, and a well-thought-out trading strategy. This article will discuss what ...
Accordingly, the day trading style requires discipline, experience, and a well-thought-out trading strategy. This article will discuss what ...
What Are Demo and Real Accounts?
BasicsBeginner2 MinutesEver wished to trade in financial markets without risking your real money? Well, you’ve come to the right place! A Demo account will make any trader’s dream come true, with no extreme volatility and price doubling in a short time span.
Offering various trading features and services to practice in a financial market without losing real money, a demo account is a training platform that allows every novice trader to improve their trading skills...
Offering various trading features and services to practice in a financial market without losing real money, a demo account is a training platform that allows every novice trader to improve their trading skills...
An Introduction to CFD Trading: Understanding the Basics
BasicsBeginner2 MinutesIn forex trading, individuals can buy and sell forex instruments, which are intangible assets that cannot be physically possessed. However, there are also financial instruments available that enable trading without the need to own the underlying assets, such as stocks, indices, currencies, and commodities.
These financial instruments are called CFDs. With CFDs, traders can benefit from the advantages of leveraged trading, lower margin requirements, and ...
These financial instruments are called CFDs. With CFDs, traders can benefit from the advantages of leveraged trading, lower margin requirements, and ...
How Is Trading in the Forex Market?
BasicsBeginner2 MinutesThe world of finance offers a diversified range of investment opportunities, and one of the most popular and dynamic among them is the foreign exchange market, commonly known as Forex.
With a daily trading volume of over $6 trillion, Forex trading attracts individuals and institutions seeking to profit from the price movements in currency exchange rates. But the question is, how is trading in forex, and what is the purpose of it? In this lesson, we&rsqu...
With a daily trading volume of over $6 trillion, Forex trading attracts individuals and institutions seeking to profit from the price movements in currency exchange rates. But the question is, how is trading in forex, and what is the purpose of it? In this lesson, we&rsqu...
Influence of Social Media Channels on Trading
BasicsBeginner2 MinutesIn today's digital age, social media platforms have emerged as powerful tools that shape our daily lives. This influence extends to the financial markets, including the world of forex trading.
This lesson explores the effect of social media on forex trading, highlighting both the opportunities it presents and the risks that traders need to navigate.
This lesson explores the effect of social media on forex trading, highlighting both the opportunities it presents and the risks that traders need to navigate.
The Role of Stop-loss in Risk Management
BasicsIntermediate6 MinutesJust as stormy weather brings unpredictable and turbulent conditions, market volatility also takes its toll on the prices of financial assets. In a volatile world of financial markets where green portfolios can turn red in the blink of an eye, how can we safeguard our trades and endure the challenges?
Mysteriously, Stop-loss orders hold the key, as they can act as a shield, preserve us, and ensure our safety during stormy market conditions! This lesson ...
Mysteriously, Stop-loss orders hold the key, as they can act as a shield, preserve us, and ensure our safety during stormy market conditions! This lesson ...
What Is a Daily Routine List
BasicsIntermediate3 MinutesIn the current world of financial markets, staying disciplined is vital to making profitable trading decisions. One essential habit that traders rely on is to make a daily trading list.
This lesson will provide you with a deep understanding of what a daily trading list is, why it's crucial for traders, how to create and use one effectively, and delve into additional details to help you become a proficient trader. Keep scrolling!
This lesson will provide you with a deep understanding of what a daily trading list is, why it's crucial for traders, how to create and use one effectively, and delve into additional details to help you become a proficient trader. Keep scrolling!
What Is Scalp Trading?
BasicsBeginner3 MinutesSo far, we have learned about different trading styles and their characteristics. Nevertheless, while day trading being a popular trading style among financial market traders, day traders might employ the scalp trading style to profit from small price movements in the market.
Throughout this lesson, we'll explore scalping basics, the tools needed for executing it, and the associated risks. Let’s save time and delve into it!
Throughout this lesson, we'll explore scalping basics, the tools needed for executing it, and the associated risks. Let’s save time and delve into it!
An Introduction to Understanding Shares
BasicsBeginner3 MinutesAs a company owner, one of the greatest ways to raise equity capital from public investors is to offer the company’s shares through the primary market. This is where the stock markets come in handy since they act as a facilitator for this capital-raising process.
This lesson will discuss the basics of the shares market, also known as the stock market, as becoming a successful investor requires understanding shares and their function. Keep reading!...
This lesson will discuss the basics of the shares market, also known as the stock market, as becoming a successful investor requires understanding shares and their function. Keep reading!...
How to Open a Demo/Real Account on a Broker?
BasicsBeginner2 MinutesIn the complex and game-changing world of financial markets, gaining access to a trusted broker platform is the first step towards achieving trading success.
With a cutting-edge platform and a comprehensive range of trading tools, ITB Broker offers an unrivaled trading experience to both novices a...
With a cutting-edge platform and a comprehensive range of trading tools, ITB Broker offers an unrivaled trading experience to both novices a...
Base and Quote Currency
BasicsBeginner1 MinutesLong story short, forex, the largest financial market in the world, is a global marketplace for exchanging different kinds of financial instruments. Currency pairs are the most common type of these financial instruments, measuring one currency’s value in terms of another.
Each currency pair consists of a base and a quote currency. In this lesson, we will take a tour of currency pairs and discuss what a base and a quote currency is, and how to read...
Each currency pair consists of a base and a quote currency. In this lesson, we will take a tour of currency pairs and discuss what a base and a quote currency is, and how to read...
Step-by-Step Guide: Opening a Position in CFD Trading
BasicsBeginner2 MinutesIn the forex market, CFD allows traders to benefit from price movements of underlying assets, such as stocks, commodities, or currencies, without owning the underlying asset itself. In this lesson, we’ll go through some essential factors that help traders to open a CFD position.
Trailing Stops and Break-evens
BasicsIntermediate9 MinutesFrom the trading point of view, traders apply various implements and techniques to manage risk and optimize profits. Two essential terms that traders often use are "Trailing Stops" and "Break-even." This lesson aims to understand these concepts, their significance comprehensively, and how they can be effectively applied in trading.
How to Manage Risk In Trading?
BasicsBeginner3 MinutesInvesting and trading in financial markets can be a profitable venture. Still, there are significant risks that must be considered carefully. The chance of losing money or suffering from losses is always present, and risk is an inevitable part of trading the financial markets.
Hence, controlling risk and developing a sound risk management plan is essential for investors and traders to succeed in this exciting endeavor. In this article, we will go throug...
Hence, controlling risk and developing a sound risk management plan is essential for investors and traders to succeed in this exciting endeavor. In this article, we will go throug...
The Basics of Trading Shares
BasicsBeginner2 MinutesFor beginners, the process of trading shares can seem confusing and challenging, but it can be a great way to invest in companies and potentially earn a profit. In this lesson, we will go over the fundamentals of trading shares, such as where they are exchanged, how firms list on stock exchanges, and key factors affecting share prices. Let’s delve into it!
Withdraw and Deposit Full Guide
BasicsBeginner2 MinutesIn a game-changing and dynamic world of forex, traders get into the realm of forex trading, and they quickly encounter essential processes facilitating their market engagement, such as deposits and withdrawals. The processes of depositing and withdrawing funds play a pivotal role, serving as the gateway to start the forex market journey and manage profit!
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Trading Sessions
BasicsBeginner1 MinutesOne of the most frequently asked questions in the forex market is, “When is the best time to trade forex markets?” Since the forex market is a 24-hour market and is open during weekdays, traders should understand the different trading sessions to determine the best times to trade and which assets to trade.
Throughout this lesson, we will describe each session and explore what kind of market activity can be expected during these trading sessi...
Throughout this lesson, we will describe each session and explore what kind of market activity can be expected during these trading sessi...
Risk-to-Reward Ratio
BasicsIntermediate5 MinutesThe Risk/Reward Ratio is a fundamental concept that every trader should be familiar with. This crucial term lies at the heart of prudent trading strategies, helping traders make proper choices that can lead to consistent profitability. In this lesson, we will explore the Risk/Reward ratio concept and how to effectively use it in your trading endeavors.
The Necessity of Backtesting in Trading
BasicsIntermediate10 MinutesIn the intricate world of trading, where every decision carries a weighty financial consequence, the role of backtesting cannot be overstated. It is a powerful tool that unveils critical insights and serves as a beacon of guidance for traders seeking to navigate the complexities of financial markets.
The perceptions gained from backtesting provide information and can prove to be the distinguisher between success and failure in the trading world. Keep sc...
The perceptions gained from backtesting provide information and can prove to be the distinguisher between success and failure in the trading world. Keep sc...
What Is Leverage?
BasicsBeginner1 MinutesAlthough the forex is the world’s largest and most liquid market, it requires significant capital to participate in and execute any trades. However, it doesn't mean that traders with not sufficient funds are not entitled to be involved in the market and not to take advantage of trading opportunities.
This is where leverage comes into the picture, and similar to the banks from which any individual can borrow money, with leverage, traders have t...
This is where leverage comes into the picture, and similar to the banks from which any individual can borrow money, with leverage, traders have t...
Risk Management Using Orders
BasicsBeginner4 MinutesTrading the financial markets carries a significant amount of risk. Hence, risk management is an important aspect of trading in any financial market. Traders need to know how much risk they are taking on every trade and implement strategies to minimize it.
Using orders is a common approach traders employ to limit potential losses and lock in profits, effectively managing risk exposure. This article will explore three types of orders that are commonly us...
Using orders is a common approach traders employ to limit potential losses and lock in profits, effectively managing risk exposure. This article will explore three types of orders that are commonly us...
Everything About Margin, Equity, Balance
BasicsBeginner3 MinutesThere are several terms and various terminologies that any traders need to know to balance their way to the top of the forex trading game.
Strap in for another macro article to understand the concept of balance, equity, and margin, how they relate to each other in forex trading, and how they impact your trading account's health. Let’s get started!
Strap in for another macro article to understand the concept of balance, equity, and margin, how they relate to each other in forex trading, and how they impact your trading account's health. Let’s get started!
Ask & Bid Prices
BasicsBeginner1 Minutes"Ask" and "bid" are critical concepts when it comes to the financial markets. These terms define the prices at which traders are willing to buy and sell financial assets.
Successful trading in the financial markets requires understanding the relationship between “ask” and “bid” prices and developing strategies that consider market forces. This lesson will explore these terms and their relationship; Keep scroll...
Successful trading in the financial markets requires understanding the relationship between “ask” and “bid” prices and developing strategies that consider market forces. This lesson will explore these terms and their relationship; Keep scroll...
An Introduction to Understanding Indices
BasicsBeginner2 MinutesEver wondered how traders keep track of a basket of financial instruments’ performance, like stocks, commodities, and currencies? The answer lies in financial indices, which are essential tools to provide statistical data on the performance of a group of assets, such as stocks, bonds, or commodities, and allow traders to benchmark their portfolio's performance against the broader market.
In this lesson, we will explore the different types of f...
In this lesson, we will explore the different types of f...
Position Sizing in Risk Management
BasicsIntermediate8 MinutesAs they say, never put all your eggs in one basket! Financially speaking, rarely can traders capture big winning trades by risking all or a significant majority of their trading capital in a single trade. In fact, the greater the risk traders take in each trade, the higher the likelihood that their trading account could be depleted.
In other words, instead of unnecessarily increasing the risk, we’d better limit our position size to avoid potential...
In other words, instead of unnecessarily increasing the risk, we’d better limit our position size to avoid potential...
What Is the Win Rate?
BasicsIntermediate7 MinutesJust as a student can gauge their academic journey by examining their report card, traders in the financial world can assess and measure their performance, identify areas for improvement, and ultimately refine their trading strategies in pursuit of better results, using their win rate.
However, what exactly is the win rate, and how is it calculated? Join us as we delve into the concept of win rate, where we'll not only provide the answers to these q...
However, what exactly is the win rate, and how is it calculated? Join us as we delve into the concept of win rate, where we'll not only provide the answers to these q...
Developing a Risk Management Plan: Six Efficient Strategies
BasicsBeginner3 MinutesSo far, we have learned about the definition and importance of risk management while trading the financial markets. As many risks are involved in trading, not having a proper risk management plan can simply lead to significant losses and even the liquidation of the trader’s account.
For successful traders, a risk management plan plays a crucial role in minimizing potential losses and protecting their investments. In this lesson, we will discuss si...
For successful traders, a risk management plan plays a crucial role in minimizing potential losses and protecting their investments. In this lesson, we will discuss si...
Spread and Commision
BasicsBeginner1 MinutesLet's imagine that we want to purchase a pocket of biscuits. However, rather than going directly to the factory, we typically buy biscuits from supermarkets or online shops that stock a variety of options.
These intermediaries make it easier for us to purchase products from multiple factories, sometimes at a higher price, without needing to visit each factory physically. The same way we buy biscuits from supermarkets or online shops, we trade in the...
These intermediaries make it easier for us to purchase products from multiple factories, sometimes at a higher price, without needing to visit each factory physically. The same way we buy biscuits from supermarkets or online shops, we trade in the...
The Basics of Trading Indices
BasicsBeginner2 MinutesAs the global economy becomes increasingly interconnected, indices have become an essential tool for traders looking to gain exposure to entire markets or specific sectors. From the S&P 500 to the Nikkei 225, indices offer unique insights into the health and performance of economies around the world.
But how can traders trade indices to take advantage? This lesson answers this question and aids every newbie to gain a deeper insight into the basics o...
But how can traders trade indices to take advantage? This lesson answers this question and aids every newbie to gain a deeper insight into the basics o...
Opening Positions with the Use of Orders in Trading
BasicsBeginner2 MinutesIn order to participate in forex trading, traders must understand the various types of orders. Generally, orders are instructions given by traders to their brokers on when to buy or sell a particular currency pair at a specific price.
In this lesson, we will explore the different types of orders in forex and how they can be used to improve trading strategies. Let’s get started!
In this lesson, we will explore the different types of orders in forex and how they can be used to improve trading strategies. Let’s get started!
An Introduction to Understanding Commodities
BasicsBeginner3 MinutesWe consume commodities daily; from the food we eat to the fuel we use to drive our cars. It is essential for traders, investors, and consumers alike to have a clear understanding of commodities and their impact on the global economy.
In this lesson, we will walk through the basics of commodities, different types, and who trade them. Stay with us! What Are Commodities?
In this lesson, we will walk through the basics of commodities, different types, and who trade them. Stay with us! What Are Commodities?
Everything About Pip
BasicsBeginner1 MinutesAs mentioned before, in the forex market, currencies are being traded in a pair, hoping to profit from the fluctuations in exchange rates between the two currencies. In fact, the movement of the currency’s exchange rate indicates whether a trader makes a profit or loss.
Even the smallest unit of measurement in the forex market may seem insignificant, but they can make a big difference in the profitability of a trade. In the forex market, the small...
Even the smallest unit of measurement in the forex market may seem insignificant, but they can make a big difference in the profitability of a trade. In the forex market, the small...
Understanding Take Profit and Stop Loss Orders
BasicsBeginner3 MinutesThe forex market suffers from high volatility, sometimes, traders strike it rich when the market suits their taste with monster returns, and other times, they are seeking to prevent losses as the market goes against them!
However, with this high volatility, some tools still help traders manage their profits and losses and not be a loser through the game-changing forex market! Keep reading to learn about take profit and stop loss orders and the roles the...
However, with this high volatility, some tools still help traders manage their profits and losses and not be a loser through the game-changing forex market! Keep reading to learn about take profit and stop loss orders and the roles the...
The Basics of Trading Commodities
BasicsBeginner3 MinutesCommodity trading may be a profitable investment opportunity for individuals prepared to dedicate the time and effort to study the market precisely. Commodities are tangible products that can be traded, such as gold, silver, oil, and agricultural products, including wheat and corn.
In this lesson, we will go over the fundamentals of commodity trading and what individuals need to know before getting started.
In this lesson, we will go over the fundamentals of commodity trading and what individuals need to know before getting started.
What Is Lot?
BasicsBeginner1 MinutesWe should have heard different common questions in our daily life, like How old are you? How much do you weigh? How much does something cost? How wide is that car? How much water can be filled in a water bottle? How hot is it today?
Generally, to answer all the above questions, we have to measure age, weight, price, width, capacity, and temperature, respectively. Literally, the term measurement refers to the process of finding an amount of something wit...
Generally, to answer all the above questions, we have to measure age, weight, price, width, capacity, and temperature, respectively. Literally, the term measurement refers to the process of finding an amount of something wit...
An Introduction to Cryptocurrencies
BasicsBeginner2 MinutesCryptocurrencies have become a widely discussed topic in recent years, interesting many traders and investors by providing significant returns.
Bitcoin is the first and most well-known cryptocurrency, created in 2009 by an individual or a group named “Satoshi Nakamoto.” In this lesson, we'll learn about cryptocurrencies, how they work, and how they can affect the global economy. Keep reading!
Bitcoin is the first and most well-known cryptocurrency, created in 2009 by an individual or a group named “Satoshi Nakamoto.” In this lesson, we'll learn about cryptocurrencies, how they work, and how they can affect the global economy. Keep reading!
Why Should We Manage Our Risk?
BasicsIntermediate1 MinutesIn the world of trading, success isn't just about predicting market trends and making profitable trades. It's also about effectively managing risk, a pivotal aspect that often separates the amateurs from the pros.
In this comprehensive lesson, we'll expound on risk management in trading, explore why it matters, and provide you with essential techniques to safeguard your investments.
In this comprehensive lesson, we'll expound on risk management in trading, explore why it matters, and provide you with essential techniques to safeguard your investments.