You’ve read about it in the newspapers, and you see it in almost every financial trading magazine… but what exactly is a carry trade? And why is it so popular?Before I go into what happens in carry trades, allow me to briefly share with you why “carry trade” is an important concept to understand…Throughout most [...]
What Are Fundamental Economic Indicators?Economic indicators are typically important news announcements that involve sensitive economic data of a country.How Do Economic Indicators Affect Trading Decisions?Consider this example:It’s Monday morning and the U.S. Dollar had been spiraling down in the past two weeks. At this point, it’s pretty safe to assume that there are many traders [...]
Many retail traders focus so much on trying to make money off the market that they often neglect to protect their capital. This causes them to ultimately wipe out their trading accounts no matter how good their ‘money-making’ strategy is.You see, there are two aspects to profitable trading: increasing your gains, and reducing your losses. [...]
