How Is Support and Resistance Traded?
Support and resistance levels are essential concepts in technical analysis, forming the backbone of many trading strategies. Understanding how to trade these levels effectively can significantly improve your trading results. This guide will help you explore the nuances of support and resistance trading while introducing Vestrado’s solutions for smarter, more profitable trades. What Are Support […]
5 Ways to Tell if You’re Ready to Open a Live Trading Account
So you’ve been trading on a demo account for months and contemplating going live. But let’s pause for a moment—are you ready? Transitioning to live trading is a big step that requires preparation, discipline, and confidence. Below, we’ve outlined five critical indicators to help you assess whether you’re ready to start live trading and actionable […]
Swing Trading: A Complete Guide to Strategies, Benefits, and Risks
Swing trading, a popular trading style, sits comfortably between the fast pace of day trading and the patient approach of long-term investing. For traders who wish to capitalize on short- to medium-term price swings without committing to daily monitoring, this strategy is a perfect choice. In this guide, you’ll learn the swing trading definition, explore […]
5 Reasons Why Traders Lose Money and How to Avoid Them
Trading offers incredible opportunities for financial growth, yet it’s a challenging field where many fail to thrive. Did you know that 90% of day traders lose money? For forex traders, the numbers are equally staggering — research suggests that over 75% of retail traders incur consistent losses. But why does this happen? In this article, […]
What is Support and Resistance?
Support and resistance are foundational concepts in trading, especially in technical analysis. These two elements guide traders in identifying potential price movements and creating effective strategies for entering or exiting the market. Understanding these terms can significantly improve your decision-making and trading outcomes. This article will explain support and resistance in simple terms and how […]
Choosing the Right Chart: Candlestick
When trading, selecting the right chart can make or break your strategy. The candlestick chart is one of the most widely used and trusted tools. It is a favorite among traders because it presents vital market data intuitively. They combine the same OHLC (Open, High, Low, Close) data found in bar charts but deliver it […]
How to Recover From a Blown Trading Account: A Comprehensive Guide
Experiencing a blown trading account can be disheartening. Watching your hard-earned money disappear due to market volatility, poor decision-making, or lack of preparation is a tough pill to swallow. However, a blown account is not the end of your trading career. In fact, it can be a stepping stone to becoming a more disciplined and […]
The Breakout Trading Strategy: Maximize Your Trading Potential
Breakout trading is one of the most effective approaches for traders profiting from significant market movements. This strategy focuses on identifying key levels where the price of an asset breaks through a predefined range, signaling a potential shift in market dynamics. The breakout trading strategy is popular in volatile markets such as forex, stocks, and […]
3 Essential Tips for Resuming Trading After a Long Break
Taking a break from trading is necessary at times. Whether due to personal reasons, professional commitments, or simply to recharge, stepping away allows traders to regain perspective. However, getting back into the trading game can feel overwhelming. The markets evolve rapidly, and being out of the loop, even temporarily, can make picking up where you […]
Bar Chart: A Comprehensive Guide to Mastering Price Analysis
Bar charts are an indispensable tool in the arsenal of modern traders. They offer detail and clarity that can significantly enhance your trading strategy. Unlike line charts showing closing prices, bar charts provide a more comprehensive view of market activity by incorporating open, high, low, and close (OHLC) prices. This guide explores the strengths, weaknesses, […]