Introduction Day Trading Day trading is a popular investment strategy that involves buying and selling securities on the same day, in an effort to profit from short-term price movements. Day traders use a variety of tools and techniques to identify and take advantage of market opportunities, including technical analysis, fundamental analysis, and news-based strategies. With … Read more
Introduction NSE of Kenya The National Stock Exchange (NSE) of Kenya is an important platform for investors looking to grow their wealth and diversify their portfolios. However, many people may be intimidated by the process of trading on the NSE and may not know where to start. That’s why it’s important to have a clear … Read more
Taking partial profits is not unusual in the trading world. In a typical scenario, successful trades are allowed to run their course and return full profits. However, global markets are hardly known for their stability and more so the FX scene. Partial profits are taken early on before the trade runs to completion. Under normal … Read more
If you want to make any decent income from the global markets, then price action trading is one of the go-to methods to achieve this. Simply put, you need to understand price fluctuations thoroughly to be able to identify which assets are likely to appreciate or depreciate, and through the process, generate some decent revenues. … Read more
Your mind is the most powerful asset you possess at any instance. It doesn’t matter how many trading tools and aids you have on tap, if you are unable to engage your mind in any constructive market analysis, trading won’t benefit you. However, we humans don’t make the right decisions all the time. Most times, … Read more
Many traders across the globe take advantage of the head and shoulders pattern to help them predict future market behavior. The ultimate goal of any trading endeavor is to be ahead of the game. When you know how the price will behave in the future, you will be able to invest your money wisely in … Read more
Prevailing market prices reveal valuable information about the current conditions and whether they favor trading. As such, traders are always on the lookout for shifting prices as they seek to determine their entry and exit points while trading. Market gapping and slippage are some of the common forms of price shifts in a market. As … Read more
The FX market is arguably the largest and with good reason. Daily, traders transact up to $6 Trillion on average. This is usually attributed to the price fluctuations of the major currency pairs that enable the sector to generate such mind-boggling figures. As a trader, such volumes witnessed provide the perfect opportunity to make money. … Read more
The ultimate goal for any trader is to make a profit while trading. However, about 90% of active traders today are unsuccessful at the venture. That is why managing losses is critical to the success of any trader. Now there are several reasons why traders frequently return losses from their trades. One of the standout … Read more
For traders, knowing when to buy and sell a trading option is crucial to the profitability of the entire venture. The entry and exit points into a market are essential areas when trading activities take place. Through technical analysis, traders can pinpoint precisely where and when certain price levels are projected to climb or drop … Read more