Recent content by Deam.Hender

Watch videos on YouTube or read articles online to learn the basics, and then try trading on a demo account without using real money.

Swing trading is a popular trading strategy that involves trying to profit rapidly from short-term market movements. While some swing traders initiate and maintain positions for a few days, others may hold them for several weeks.

I would suggest a beginner trade with an MT4 rather than an MT5 because the MT4 is less complicated and more suitable for currency trading.

MT4 is mostly a good choice, but since its limit is only currency trading, many shift to MT5, where it is more advanced. If you're a scalper, choose the MT4, and if you're looking for other trading types, then go for the MT5.

Though MT4 is a simple broker to use, MT5 is more advanced, faster, and more efficient than MT4, yet it does not replace MT4 since it is unique and offers more than MT4.

My preferred trading platform is MT4. It is simple, and there are several instruments available to help you better understand the market.

The hammer candlestick pattern is observed at the bottom of a downward trend and consists of a short body with a lengthy lower wick. A hammer indicates that, while there were selling forces during the day, significant purchasing pressure finally pulled the price back up. The body color varies...

The main benefit of trading bots is that they can trade automatically and according to established rules without the need for human participation. They may drastically cut trading expenses and enhance profits when utilised effectively. Unfortunately, they are not always the most effective...

I begin by taking a quick glance at the pairs that pique my curiosity. I select three and examine them more closely. Among these three, I select the one that best meets my requirements. I spend 30 minutes analyzing the market. Then it's only a matter of waiting for the position to begin.

Although MT5 is quicker and more effective than MT4, it doesn't replace the earlier platform because it is unique and simply provides more than MT4 does. In practically all financial markets, including forex, equities, indices, commodities, and even cryptocurrencies, MT5 offers the ability to...

From my perspective, MT4 and MT5 are interchangeable.Both MT4 and MT5 are regarded as some of the best trading platforms available. I use MT4 mainly for currency trading, and the platform is suitable even for beginner traders due to its simple trading tools.

You might have to make high-quality trades. After you've doubled your account, you can start making multiple trades with a maximum risk of 5% per trade.

MT4 is used only for currency trading, and MT5 is a tool that is not only designed for forex trading but also designed to allow easier trading in non-forex CFDs.

Most traders would agree that the best pair for new traders is EURUSD. Not only because it is the most well-known pair, but also because it has lower volatility than other currency pairs.

Investing entails holding a stock for an extended period of time. Trading is the act of selling a stock or financial instrument as soon as it reaches the target price or crosses the loss threshold (also called the stop loss price). Investing entails avoiding market downtrends and not selling...