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Forex Trading is Legal in India

GOOD NEWS RBI introduces Cross Currency Futures and Exchange Traded Cross Currency Option Contracts Euro (EUR)-US Dollar (USD), Pound Sterling (GBP)-USD and USD- Japanese Yen (JPY) Reference: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=35689 *LEARN TO TRADE FOR FREE* 🔮  We will guide you to open trading account. 🔮 We will teach how to trade using strategy.  🔮 Minimum investment 1000 USD. Contact: *Office Address :   23/S-7 , 15th Avenue, Jawaharlal Nehru Salai, Ashok Nagar, Chennai- 600083, India *Mobile/WhatsApp :  +91 8220829199 * *Email :  support@intrading212.com Open Trading Account Go to   *www.trading212capitals.com* ---------------------------------------------- Successful trading,  The Trading 212 Capitals Team. -----------------------------------------------

Support and Resistance: Trading Basics Tutorial

Support and resistance  levels are significant levels on the asset chart that the price has a chance of retracing from. Trading on breakouts and trend reversals is a popular method of choosing market entries. Support and resistance lines are the most obvious technical analysis indicator. At the very least, you should give them a chance because a lot of investors and traders all over the world rely on them daily. Support and resistance lines on the chart Horizontal line in the Platform ‘Graphical Tools’ menu You can draw these lines on any kind of chart: bar, candlestick, area, or line. But as with other forms of technical analysis, they are the most visible on candlestick and bar charts. Support and resistance levels can help traders figure out at what point to purchase an asset with a falling price, and when to consider selling it. As you can see, support and resistance levels reflect peaks and troughs on the price chart. These local price extremes are the foun...

8 Risk Management Tips from the World’s Top Traders

When it comes to trading, a lot of people believe that the most important skill you can get is making more money, when in reality (according to more experienced traders) it is not losing what you already have. After all, even Warren Buffett, the world’s third richest man and an investment icon, believes that your #1 rule as a trader is to never lose money. This article is the collection of 8 quotes by renowned investors that might help you better understand the nature of financial risks and manage your losses. This knowledge is important as it could help you stay in the game when everything seems to be against you (because, as you know, you could lose all of your money and your trading would suddenly end). “I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have.” — Paul Tudor Jones “The elements of good trading are: (1) cutting losses, (2) cutting losses, and ...

Three Reasons to Diversify Your Trading Portfolio

You’ve probably heard more than once that it is essential to diversify your trading portfolio with different assets. But what does it mean to diversify and why exactly would you want to do it? Diversification is a process of adding unrelated assets to your trading portfolio. Correlated assets, no matter how thoroughly-picked, will provide similar results under similar market conditions. The latter poses an additional degree of risk. Imagine all open positions going down at once — this is not something you want from a well-balanced portfolio. Unrelated asset, on the other hand, will provide different results following a particular event and there is a chance that while one of your assets is going down, the other will go up. Risk management, therefore, is the primary reason to diversify, but is not the only one.Read more about the three reasons below. 1. Risk management Risk management is probably the first thing that comes to mind when talking about portfolio d...

Few Things You Could Do When the Market Goes Against You

We all know that feeling when the trend turns against you and you have to watch your position slowly deteriorate. Definitely, this is not something you would want to experience. Yet, everyone engaged in trading will have to face this problem sooner or later. It is totally fine to lose a portion of your deals, as even the most experienced and successful traders do not win 100% of their trades. However, it is important to address the issue correctly in order to manage your risks and losses. Here are three different ways to address this problem. 1. Relax It may seem obvious, but this is the first thing you want to do when the trend goes against you. No matter how many times you hear ‘get rid of emotions’, you won’t benefit from this technique until you do exactly that.  You increase your chances of success by sticking to the trading strategy and staying cool-headed. When you see a sudden trend reversal, avoid making emotionally driven decision. What you want to do ...