FP Markets Podcasts Series: Recent Episodes
FP Markets
FP Markets Podcasts Series is a result of our dedication to providing our customers with the most functional ways and comprehensible yet high-quality material of education. Enhance your knowledge and sharpen your skills with our professionals. FP Markets Podcasts are made available for downloading to your computer or mobile device. Our professionals will be keeping you company and entertaining you anywhere you are and whenever you want while explaining everything you need to learn about trading the markets.
FP Markets Analyst, Aaron Hill, covers the latest technical movement in the financial markets, analysing key levels on indices, currencies and commodities.
Get the latest daily analysis via our Youtube Playlist: Daily Market Report
Aaron Hill was introduced to financial trading, specifically foreign exchange, over a decade ago. Since then, Aaron caught the trading bug and has amassed substantial knowledge, obtaining CMT (Chartered Market Technician) levels 1 & 2. He has since been awarded the CFTe (Certified Financial Technician).
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Behavioural finance helps shape the way investments and the decision-making process are interpreted. Although researchers in the field of psychology have coined several classifications, cognitive and emotional biases form an umbrella for many common biases and are the focal point for this article.
To read the full article, visit: https://www.fpmarkets.com/blog/behavioural-biases-in-trading-and-invcesting/
Newer traders, either on a small live account or a demo account, often start their trading journey craving a faultless trading strategy, a thirst fuelled via trading forums. Equally as important to consider, though, are factors such as risk-management systems, money-management plans and trading costs/interests, specifically MT4 swap charges and rollover.
Understanding the function of swap and rollover, therefore, is the objective of this article.
Understanding what the most tradeable currency pairs are is important in all levels of trading. Listen to find out why EUR/USD, USD/JPY and GBP/USD currency pairs are widely followed and traded...
Indexes, or indices, are a representation of the value of a subset of a market, whether that subset is small or almost the entire market.
Listen for more information on index construction and how traders can trade each index.
Complex terminology can terrify the best of us, particularly for newer traders.
In the foreign exchange market, or Forex market, swap is the interest paid at the time of rollover. While this may sound a mouthful, it’s relatively straightforward. It is the process of extending the settlement date of an active trade to the next day (the next trading day), referred to as Tomorrow Next, or Tom-Next. Think of this as an extension granted to open positions to avoid taking delivery of the underlying asset.
At its core, carry trading strategies attempt to exploit positive swap environments. The swap rate, however, can also affect those trading size.
• Introduction to Harmonic Trading
• Learn How to Identify Basic Harmonic Patterns
• Understand Entry and Exit Criteria
This episode touches on defining Forex trading and highlights some of the key factors underpinning trading success in the Forex market.
Fundamental analysis and technical analysis are primary research tools employed by Forex traders on a daily basis. Irrespective of the trading strategy used, understanding the calculation behind profit and loss is important as a reduction in account equity reduces margin.
A stock index is a range of stocks, collected in what’s known as a basket, to track a market or sector. The Dow Jones Industrial Average tracks the value of 30 publicly-owned companies listed on the NASDAQ and the New York Stock Exchange (NYSE), for example.
Stock indexes cannot be traded directly. Trading products are, however, available via CFDs (contracts for difference), ETFs (exchange traded funds), index futures or options.
If you possess an analytical mind, unyielding resolve, and determination to succeed, you may excel as a trader.
The key message in this article is if you’re just beginning your trading career, don’t rush. Educate yourself and work through the obstacles.
Becoming a profitable trader, a successful Forex trader, is possible if you’re willing to put in the hard work and time.
Remember why you started – successful Forex trading is a slow process, but quitting won’t speed things up.
Fibonacci levels—often referred to as Fibs—represent horizontal percentage ratios that can (and do) interact with price movement.
Combining Fibonacci studies with other technical tools helps shape confluence. An example may be converging support and resistance levels, relative strength index (RSI) overbought/oversold signals or volume studies.
Market sentiment and worldwide economic forces change often. For that reason, traders are urged to monitor correlations closely; it could mean the difference between a winning and losing portfolio.
The article highlights key risk management techniques when engaging with the CFD market.
Particular emphasis is on risk tolerance, position size, risk-reward metrics, risk events and the importance of working with a trading plan.
History shows precious metals have always been recognised as valued investments. Precious metals stocks, therefore, may be a channel of interest for many investors.
Trading Leveraged Products is Risky.
To operate as a successful trader requires belief. Dedication and hard work are necessary to develop competence to establish that belief system.
However, in order to begin your trading journey, you have to initially believe successful trading is possible regardless of others’ opinions. One way of achieving this is talking to successful traders. You’ll notice they radiate a sense of unwavering self-confidence. This is the zone all traders aspire to.
Trading Leveraged Products is Risky
Most successful people have credited positive affirmations to their accomplishments.
To take time, almost in a meditative fashion, to decide what thoughts you want to have, and what beliefs you want to instill, help in trading, and everyday life. You essentially become your own personal motivational speaker, reprogramming your subconscious mind through self-talk to focus on the right things, ultimately drawing towards successful trading.
Trading Leveraged Products is Risky
According to the Forex Peace Army website, recognised for extensive Forex broker reviews since 2005, approximately 1,600 brokers exist.
To help navigate the ever-changing brokerage landscape, the research team at FP Markets have combined forces to highlight key factors Forex traders should consider before selecting which broker to partner with.
The ability to tap into a highly liquid market, favourable leverage offering and low trading costs, it’s no surprise retail trading volumes have expanded. Newer Forex traders, therefore, are encouraged to further their understanding of the FX market’s framework, in particular spread cost.
Trading Leveraged Products is Risky