A bearish market is a market that is leaning towards currency losing strength. Bearish traders tend to position their portfolios in accordance with weakening currencies.
Forex Jargon can be complicated for beginners. Follow Fidelis CM to learn more about Forex Market better.
A bullish market is a market that favors a strengthening currency. For instance, in case of the EUR/USD Currency Pair, the Euro is currently gaining strength against the US Dollar, indicating that the currency pair is currently leaning towards a bullish market.
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Seeing where previous highs n lows have occurred in past n how market has behaved previously when at these levels can give clues as to what might happen next.
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It’s always a good idea to take some time out to analyze ur trading history. Evaluate ur past trades with a technical approach to understand ur strategy and fine-tune it efficiently. Your past trades carry indicators on how you can improve and adapt to future market conditions.
Learning more about them ll help u take up stronger trading positions.
There is scope to lrn from every trade u execute. Successful trades teach u to identify similr opportunities in market when they open up & trades that lead to loss can teach u prevent similar losses in future
Without a plan in place, decision making is very confusing! Especially in situations where you'd have to choose between many options. But don't worry, you can make the right trading decisions by building a solid strategy based on your trading style.
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When u were a kid, she taught you the art of saving and its importance in life. It's time you taught her something new. How about teaching her trading? Fidelis CM wishes all the mothers out there who never cease to learn new things a very happy Mother's Day.
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New to trading? Want to start strong? Then a solid trading strategy with in-depth knowledge of the forex market is what you need, to toughen the roots of your trading journey. You'd do so by carefully choosing a strategy that best suits your trading goals. #tradesmartly#forex
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One of the common mistakes which new traders make is sticking to just one trading strategy n not improvising it. Which might not work well during market volatility.
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Lack of time management & the urge to make quick money often leads to trading burnout! Especially among new traders who stay glued to their screen 24/7.