Blog Posts

The Position and Influence of the US Dollar in the International Market

Exploring the role of the US dollar in the global financial system and its importance in international trade and market stability.

Examining the Impact of the Global Economy on the Dollar through the Dollar Smile Theory

The Dollar Smile Theory is a theory that explains the movement of the dollar under different economic conditions, including safe-haven demand, global economic stability, and U.S. economic growth in three stages.

Stick to the Trading Plan: The Essential Mindset of Successful Traders

Forex traders need to stick to their established trading plan to achieve long-term profitability and avoid arbitrarily changing strategies due to market fluctuations.

How to Build Your Trading Plan: 21 Essential Questions

By answering these 21 key questions, develop a detailed Forex trading plan to enhance your trading success rate and stability.

Essential Software and Hardware Equipment for Forex Traders

Forex trading requires suitable software and hardware to enhance efficiency and performance. Understand the trading platform, hardware equipment, and auxiliary tools you need.

Daily Routine Before Forex Trading: What You Should Do?

Establishing a daily routine before trading helps to better understand market conditions, formulate effective strategies, and improve trading success rates.

What kind of returns do you expect to achieve in Forex trading? How do you set return targets for your trades?

Understand the potential returns and risks of Forex trading, set reasonable profit targets, and maintain discipline as the cornerstone of success.

Find your trading style to improve trading performance.

Choosing a trading style that suits your personality is the key to success, as it helps maintain discipline in the Forex market and achieve long-term stable profits.

Why is trading discipline the key to profitability in the Forex market?

Executing strict trading discipline helps Forex traders make rational decisions when facing market volatility, achieving stable returns.

Why Every Forex Trader Needs a Trading Plan

For novice Forex traders, developing a comprehensive trading plan is the first step towards long-term survival and success. A well-designed plan helps manage risk, make informed decisions, and stay on the right track in a rapidly changing market.