Trading 

Discipline is a trader’s best friend

Discipline is a trader’s best friend. It is the most profitable tool a trader can use and by far the one least employed. Without it all other tools are meaningless, any trade you make is little more than a gamble and that’s not the way to ensure success. What is discipline and why does it matter so much? According to the Merriam-Webster on line dictionary there are a few definitions associated with the word discipline that are important to traders. First and foremost, discipline is control gained by enforcing obedience…

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Trading 

How to trade without losses?

How to trade without losses? Not possible. Losses in trading are inevitable. Incidentally, it’s just like in any other situation. However, with simple rules and discipline, you can significantly increase your profits! We’ll talk about the rules in this article, and you’ll have to take care of the discipline yourself. Good news: There is no need to trade without any losses at all. To earn, you only need to be in the black. In this case, a fairly large number of unprofitable transactions is permissible. For example, on an asset…

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CFD/Forex Trading 

Stop-Loss and Take-Profit in Forex Trading

Stop-loss and take-profit (SL/TP) management is arguably the most important concept of Forex. Deep understanding of the underlying principles and mechanics is essential to professional FX trading. Stop-loss is an order that you, as a trader, send to your Forex broker to limit your losses in a particular open position. Take-profit works in much the same way, letting you lock in profit when a certain price level is reached. SL/TP is, therefore, used to exit the market. Preferably, in the right way and at the right moment. Several strategies exist,…

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Trading 

Trader Kamil Bublis

Kamil Bublis from the Slovak Republic is one IQ Option’s VIP account holders and has willingly agreed to tell our traders his story of getting familiar with the broker. We hope this article will inspire you to develop diligence and only trust yourself while learning. 1) How did you come to trading binary options? I was looking for an extra income, but starting an online business seemed like a lot of hassle especially chasing sales and customers. In this market the opportunities are there all the time to make money,…

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