It’s not a secret that it’s possible to make money trading Forex in Nigeria. There are many stories of successful traders who have achieved outstanding results. If you don’t want to make trading your main business and consider it as an additional source of income, it’s fine too. But whatever you decide, when getting started, you will undoubtedly come across a number of misconceptions about trading. In this article, we will take a look at the five common thoughts that may hold you back from trading success.
Tag Archives: analytics
Altcoins Outlook: 3 Simple Trade Ideas (analytics + technical analysis)
Bitcoin has been trading sideways for the entire month now. The BTC/USD pair has made 2 unsuccessful attempts to break through the bearish level of $ 40,000 and 3 failed attempts to break through the bullish $ 30,000.
While bitcoin is stagnant, traders have switched their attention to altcoins. After the BTC rate began to correct from $ 42,000 area, the altcoin market came to life: billions of dollars are circulating on crypto exchanges every day.
If you are stuck with Bitcoin trades, it’s time to take profits and look around: altcoins are becoming more and more attractive every day. Let’s start our analysis with Ethereum, the second most popular cryptocurrency.
Will more…
How Are Traders Preparing for the 2020 US Election?
The 2020 US election has amplified an almost unprecedented level of uncertainty in the financial markets.
With a global pandemic, a healthcare crisis, and a weakening USD, you can be sure that the candidates are running against a backdrop of market volatility. And their policy decisions will create significant movements across a wide spectrum of sectors, should they win.
So how do traders prepare during these volatile times leading up to the 2020 US election?
The short answer is they position themselves to benefit from the market movements they predict may be coming up ahead, regardless of whether the market will move up or more…