It was a very volatile end to the week last week, with all the major currencies pushing through significant support and resistance levels.
The US Dollar has collapsed to 3 year lows, the Euro is at 3 year highs, and the pound is approaching Pre-Brexit levels. So where do the markets go from here?
Learn how to trade these patterns effectively
Read more “The Big Week Ahead: JPY, EUR, USD and GBP”
One of the biggest hurdles that new traders face is access to capital. As such, one of the questions most asked is how much people will need to start with to make a lot of money. The reality is that a small amount of capital can be turned in to a very large amount of money through the effect of compounding growth.
This means that as your account grows, your position size grows with it. This requires you to reinvest your profits. Investing in yourself is one of the key traits of successful people. Too many people are quick to ‘cash out’ profits too soon, and they cripple their potential to make the big bucks!
Read more “The Power of Compounding Growth”