by Phantom Trading | Oct 3, 2023 | Trading
In the fast-paced world of forex trading, discipline and routine are of the utmost importance. As currencies fluctuate against one another, and markets running from Sydney to New York, a forex trader’s day becomes a blend of analysis, anticipation, and patience....
by Robert Castillo | Oct 3, 2023 | Trading
Success in trading is ultimately not just about predicting which way the US Dollar or Euro will swing. It’s about discipline, strategy, and avoiding certain pervasive bad habits. Let’s delve into some of these pitfalls that even the most experienced can...
by Robert Castillo | Oct 3, 2023 | Trading
What is Simulation Trading? At its core, simulation trading—often termed paper trading or demo trading—is an environment where trades can be executed without real money changing hands. Think of it as a hyper-realistic video game where the stakes are imaginary, but the...
by Robert Castillo | Sep 5, 2023 | Trading
The allure of Forex trading has drawn many into its vast markets, driven by stories of traders making significant returns. But as with all financial realms, where there’s opportunity, there are also opportunists. Deceptive practices, scam brokers, and shady...
by Robert Castillo | Sep 5, 2023 | Trading
Stop runs are a powerful phenomenon in the trading world that can catch even the most experienced traders off guard. Understanding what they are and how they work is essential for protecting yourself from completely avoidable losses. Definition of a Stop Run A stop...
by Robert Castillo | Sep 5, 2023 | Trading
All traders, from the elite traders who are able to get consistent payouts through prop firms to professional traders who work for funds or the big banks will agree that price action plays a vital role in market dynamics. What exactly is price action, and why is it so...