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5 Reasons to Avoid Holiday Trading on Forex Market
I’m used to answering almost every single day to my clients why they shouldn’t trade during the holidays like Christmas and New Year, Independence Day and Thanksgiving Day. I can proceed according to the list but basically those are major US, UK, Germany and Australia holidays. Today I’m going to clarify the situation regarding all these holidays and try to answer the question: “Is it worth trading during the currency market holidays?”
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Federal Reserve Meeting Minutes: Is It Worth to Track?
When trading in the Forex market, make it a habit to catch up with the trending news releases in the industry. Understand what’s currently happening in the financial market as a whole, not just with Forex itself. These news updates, will help you to make more logical decisions when trading with different currency pairs allowing you to learn to earn better with your investment choices.
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Pros and Cons of Forex Mobile Trading
Think about it. You can now use a mobile phone to trade forex anywhere, anytime: at home, at work, on the train, in a restaurant, the possibilities are endless. With the latest generation of smartphones you have a raft of tools for technical analysis, market information from brokers, and access to your trading account, all from one slim but oh so potent platform that also fits neatly in your pocket.
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Understanding Leverage and Margin in Forex Trading and Avoiding Disaster
Making reasonable profits in forex trading means multiplying the size of the trades that you make – at least, to a certain extent. Understanding leverage and margin is an important part of this, so that you can maximize the advantages, and minimize the disadvantages. To do this, let’s start with two simple definitions.
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How to Disable Live Update Function in MetaTrader 4
Recently, I have published an article regarding the bug with Meta Trader 4 build 418 where I described how to downgrade it to the previous stable version. A lot of traders followed my advices but faced a new problem. The Meta Trader live update module consistently requests traders to update their terminals every time they open the platform. In some way, it can be annoying and there is no confidence that the updated version is not buggy and all your trading software (expert advisors, indicators, etc.) will be working correctly with it. And I found one simple way of how to disable that auto-update function.