Overview NordFX is a well-regulated and reputable broker that offers a wide variety of markets and products to trade. NordFX also offers competitive fees and commissions, as well as a variety of deposit and withdrawal methods. NordFX is a good choice for traders of all levels of experience. Name NordFX Offices Russia, Indonesia, India, Thailand, …
Testing Support and Resistance Support levels are areas where the stock price has historically bounced back up, indicating strong buying interest at that level. When the price tests support, it suggests that buyers are stepping in to prevent the stock from falling further. Resistance levels, on the other hand, are areas where the stock price …
What does ‘testing support and resistance’ mean in the stock market? Read More »
Assessing Readiness for Live Trading The decision to move from demo to live trading should not be taken lightly. Before embarking on this journey, traders should thoroughly evaluate their preparedness by considering several crucial factors: Consistent Profitability A consistent track record of profitability in a demo account demonstrates a trader’s ability to generate positive returns …
Types of stocks Common Stocks These are the most common type of stock, representing ownership in a company. Common shareholders have voting rights and may receive dividends, but they are also exposed to the highest level of risk. Preferred Stocks: Preferred stockholders have a higher claim on a company’s assets and earnings than common stockholders. …
A Comprehensive Guide to Demo Trading Demo trading, also known as paper trading or virtual trading, is a vital tool for both novice and experienced traders. It provides a risk-free environment where traders can practice, develop, and refine their trading strategies without using real money. In this in-depth article, we will explore the world of …
15 of the most commonly used and recognized Bullish trading patterns Head and Shoulders Bottom: This pattern signals a potential reversal from a downtrend to an uptrend. It resembles an inverted head and shoulders formation. Double Bottom: A bullish reversal pattern that forms after a downtrend. It consists of two troughs at roughly the same …
15 of the most commonly used and recognized bearish trading patterns Head and Shoulders Pattern: This classic pattern indicates a potential trend reversal from bullish to bearish and consists of three peaks, with the middle peak being the highest. Double Top: This pattern forms after an uptrend and suggests a potential reversal. It consists of …
The Financials of a Stock Valuation Explanation: Valuation is the process of determining the current worth of a company. It is often done by analyzing various financial metrics and market indicators to estimate the company’s intrinsic value.Significance: Valuation helps investors assess whether a stock is overvalued, undervalued, or priced fairly, aiding in investment decision-making. Market …
Understanding the Financials of a company before investing in it. Read More »