Understanding the Prop Trading Business and How It Really Works
Prop trading firms, also known as proprietary trading firms, give traders the opportunity to trade using large amounts of capital. But they don’t give money away for free. These firms have a clear business model that helps them earn income—whether a trader wins or loses. In this article, we’ll explain the different ways prop firms […]
How to Use Fibonacci Retracements: Simple Guide for Beginners
Ever wondered how traders seem to know when the price might bounce or reverse? One of their tools could be the Fibonacci retracement. In this guide, we’ll explain what it is, how to use it, and how you can apply it in your own trades—even if you’re new to trading. At Vestrado, we want everyone […]
3 Simple Ways to Control Overconfidence in Forex Trading
When we talk about success in forex trading, most people focus on how to survive losses. But what many traders overlook is the danger that comes when you’re winning. Staying calm and disciplined when you’re on a winning streak is just as important as staying patient during a losing one. Winning gives you confidence. That’s […]
Common Mistakes That New Traders Make With Japanese Candlesticks
Japanese candlesticks are one of the most popular tools used in technical analysis. These red and green bars may look simple, but they carry important information about price movement, trader psychology, and potential market direction. Many new traders get excited when they first discover candlestick patterns. They believe that learning a few patterns will help […]
Forex Trading for Beginners in Nigeria: A Step-by-Step Guide to Success!
Forex trading, also called foreign exchange trading, is the buying and selling of currencies to earn a profit. It involves speculating on the price movements between two currencies, like the US Dollar (USD) and the Nigerian Naira (NGN). The goal is simple: buy low and sell high. Today, forex trading for beginners in Nigeria is […]
5 Essential Questions to Ask Before Trading Trends for Maximum Profits
Trend trading is one of the most popular strategies in financial markets. It allows traders to follow market momentum and ride price movements for potential gains. However, not every trend trade is profitable. To increase your chances of success, you need to ask yourself the right questions before entering a trade. Here are five key […]
Triple Candlestick Patterns: How to Identify and Use Them in Trading
In trading, candlestick patterns play a crucial role in predicting price movements. Among these, triple candlestick patterns are powerful indicators that can help traders identify potential trend reversals or continuations. By understanding these formations, traders can make better-informed decisions and improve their trading strategies. What Are Triple Candlestick Patterns? Triple candlestick patterns consist of three […]
How to Deal With Too Much Market Information
In today’s fast-paced financial markets, traders are bombarded with endless news updates, economic reports, and expert opinions. With so much information available, it can be difficult to determine what truly matters and what is just noise. Making sense of market data quickly is essential for traders, but information overload can lead to hesitation, stress, and […]
Prospek Pasar: Laporan-laporan Ekonomi Utama yang Perlu Diperhatikan Minggu Ini
Pasar keuangan bersiap untuk minggu yang penting karena investor menganalisis laporan-laporan ekonomi utama yang dapat membentuk sentimen pasar dan kebijakan Federal Reserve. Rilis data minggu ini dapat secara signifikan memengaruhi pergerakan saham dan ekspektasi suku bunga, mulai dari kepercayaan konsumen hingga pertumbuhan PDB dan tren inflasi. Mari kita uraikan laporan-laporan yang paling penting dan potensi implikasinya [...]
3 Alasan Mengapa Anda Tidak Boleh Membandingkan Diri Anda dengan Trader Lain
Trading forex adalah perjalanan pribadi, bukan kompetisi. Namun, banyak trader yang selalu mengukur kesuksesan mereka dengan melihat trader lain. Pernahkah Anda bertanya-tanya mengapa trader lain menghasilkan lebih banyak profit atau mengeksekusi trade lebih baik? Jika ya, Anda tidak sendirian. Namun, pola pikir ini dapat membahayakan kesuksesan trading Anda. Membandingkan diri Anda dengan trader lain [...]
