Even with all the instructions provided, you will not guarantee to conquer the markets by extracting regular money out of it. However, you will give yourself the greatest chance by treating trading as a business, and that my trade-warrior friend, is what a trading plan is about. Part of the risk management process is determining whether correlated assets are allowed to be traded, and to what degree. For example, an investor must decide if they are allowed to take full positions in two stocks that move very similar. While I’m more focused on chart-based technical analysis, it’s important to know …

A fractional pip or ‘pipette’ is 1/10th of the value of a standard pip and can give you tighter spreads and a better understanding of a currency’s price movements. A standard lot refers to 100,000 units of base currency and equates to $10 per pip movement. A mini lot is 10,000 units of base currency and equates to $1 per pip movement. The government eliminated six zeros from the exchange rate and renamed it the new Turkish lira. As of January 2021, the average exchange rate stands at a more reasonable 7.3 lira per dollar. For example, the smallest whole …

Before you open a position in the commodity, you could have a clear palladium trading strategy in place. There are several different approaches you can take in designing your trading plan. A CFD is a type of contract between a trader and a broker that aims to potentially profit from the price difference between opening and closing the trade. With three-quarters of the global supply of palladium coming from two countries, there is a real possibility for supply shocks in palladium production. Investing in the commodity is a way to bet on surging demand for automobiles in emerging market countries …

Two exciting projects have recently entered the pipeline for prospective future development on Curaçaoan soil. These are Bon Hydroponics, a hydroponics project initiative, and Xploration Coastline, a sustainable desalination solution from Oceans X, an Amsterdam-based social enterprise organization. In Curaçao, there is a significant push for alternative agricultural methods not only because of water and soil quality but also for food security. The development association, Porto Kòrsou, unveiled a plan this month for the creation of a new project in the port of Willemstad named Plaza Porto Kòrsou. It will comprise a building that will be the centerpiece of an …

The indicator displays the Supertrend Zone, pivot points, and Fibonacci levels on the chart. One of the unique features of this indicator is that it uses a Zigzag that does not repaint, ensuring accurate high and low points for the pivot… CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG. Here …

This signal works in a similar way when the price chart breaks out key levels. The breakout of the OBV key level is often followed by a sharp price momentum in the direction corresponding to the breakout. In this case, it spots the pivot points or the trend continuation signals and indicates the incorrect prevailing trends. However, it doesn’t perform well in the short-term timeframes since there is not enough market data to analyze. The reason is the natural volatility that may affect the indicator signals. It entails researching the company and determining its long-term growth potential based on past …