Traders of all levels, from beginners to experienced professionals, can fall prey to psychological mistakes that can lead to poor trading decisions and ultimately, losses. Understanding and avoiding these common mistakes is crucial for developing a sound trading strategy and achieving consistent success in the markets. Here are three of the most prevalent trading...
Cutting losses is an art, and a losing trader is an artist. Closing a losing position is an important skill in risk management. When you are in a losing trade, you need to know when to get out and accept the loss. In theory, cutting losses and keeping your losses small is a simple concept, but in practice, it is an art. Here are ten things you need to consider...
The decision of whether to buy or sell gold depends on various factors, including investment goals, risk tolerance, and macroeconomic conditions. For short-term investors, it is advisable to carefully consider before purchasing gold as prices may experience significant volatility in a short period. Long-term investors may consider buying gold as a hedge against...