By: Martin Jekic
According to research, only about 10% of day traders are consistently profitable in the long run. This means that the vast majority of day traders end up losing money. However, it’s worth noting that this statistic is based on data from the United States, and it’s unclear whether the numbers would be similar in Canada. […]
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Trading of stocks, commodities, currencies, cryptocurrencies and other financial instruments is a high-risk game as it involves the deployment of capital with no guarantees of returns. Many traders enter the market with dreams of quick riches but end up losing their entire investment. It is said that no one knows for sure when a trade […]
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Trading is an exciting and potentially lucrative activity, but the reality is that not all traders are profitable. Despite years of experience, hours of studying and analyzing the market, many traders still struggle to achieve profitability. The reasons for this can vary from trader to trader, but there are certain common mistakes or habits that […]
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Forex trading, also known as foreign exchange trading, is a widely popular market that involves exchanging currencies from different countries. It’s a fast-paced and high-stakes game that can result in high profits, but it also has the potential for significant losses. As an investor, it is important to know what to avoid in forex trading […]
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Cryptocurrency trading is the buying and selling of cryptocurrencies on a digital currency exchange. The most popular cryptocurrency is Bitcoin, but there are many others such as Ethereum, Ripple, Litecoin, and more. The process of cryptocurrency trading is quite similar to traditional stock trading. However, with cryptocurrency trading, you are buying and selling digital coins […]
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If you are a forex trader residing in Canada, you may be wondering about the best forex trading software available in the country. Forex trading software can make trading easier and can help you make better trading decisions. In this article, we will explore the different types of forex trading software available in Canada and […]
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In the world of forex trading, one term that you will hear frequently is “pip.” If you are new to forex trading, you may be wondering what a pip is and how it is used. In this article, we will define what a pip is and provide examples to help you understand its importance in […]
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The Canadian dollar is holding steady at 1.3501 in Europe, with no significant Canadian events and no tier-1 releases from the US expected for the day. However, the market will be closely watching speeches from Fed members Goolsbee, Harker, and Kashkari. Wednesday is expected to be a busier day for the Canadian dollar as both […]
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Hell’s Kitchen, a popular reality TV show featuring Chef Gordon Ramsay, is not just entertaining, but it also provides valuable lessons for traders. In this article, we will discuss the five biggest lessons traders can take away from the show. Stay Focused Contestants who stay focused on their goals are the ones who often come […]
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For those new to the world of forex trading, it can seem overwhelming and complex. The lack of information surrounding getting started in this unforgiving market can be a significant challenge. However, having a trading plan is an essential part of any trader’s toolkit. In this article, we have compiled some forex trading tips to […]
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