There are many factors that contribute to a trader’s success. They are all equally important. You will have to get knowledge about the market and the financial assets and learn to use all the features of the trading platform. Moreover, you will have to develop a trading strategy with the risk management plan included. You will also need to be able to manage your emotions. All these mean you have to be committed to what you are doing. And a trading commitment is a topic of today’s article. Trading commitment Being committed to trading requires you to invest your time in it. It means you develop ..read more

Every time a trader begins his day, he should go through the checklist. It may be saved on a computer or written down in a notebook. But what should it contain? Today we are going to list the most important things traders ought to include in their trading routines. Prepare your coffee and read the news Do you start your day with a cup of coffee? Or maybe you are a tea-drinker. Do you eat a big breakfast or do you skip this meal? Whatever your morning routine is, you can use this moment to prepare yourself for a trading day. The news influence the market. Some instruments are more sensitive to ..read more

A moving average is one of the most commonly used technical analysis tools. Many kinds of them exist. A Simple Moving Average (SMA) is the most basic one though, it shows the biggest lag. Then we have, for example, the Exponential Moving Average (EMA) or the Weighted Moving Average (WMA). They focus more on recent data and so the lag is reduced a bit. And how about the Hull Moving Average (HMA)? Have you heard about it or it is something new to you? Today, I am going to explain how the HMA works. The basics of the Hull Moving Average The name of this tool derives from the name of its designer ..read more

Binomo platform offers numerous technical analysis instruments for its users. It is good to know what they are so you can choose those that work well for you. Today I am going to present a very simple, yet efficient tool known as a horizontal line. Using a horizontal line tool on the Binomo platform A horizontal line from a geometrical point of view is the line parallel to the x-axis. It further means that the y value is the same for all values on the line. A horizontal line in technical analysis is the line that joins similar swing highs or swing lows in the price. In order to use a horizonta ..read more

Binomo has many technical indicators in its offer. You should learn about them and choose the ones that work best for you. This is quite an individual decision. Nevertheless, there are some indicators that are more commonly used than others. Today we are going to describe shortly the 5 most popular ones. 5 famous technical indicators on the Binomo platform Traders use indicators to find the best points to open or close their positions. It is also very common to use more than one indicator at a time to confirm signals received. Below, you will find brief descriptions of 5 favourite technical in ..read more

There are many tools available on the Binomo platform that traders may use. These tools help in taking better decisions about when to enter or exit transactions. And this is an essential step to your success. So let me introduce to you a Sushi Roll pattern with which you will be able to trade trend reversals. The Sushi Roll pattern on the Binomo platform Mark Fisher was the one who developed the Sushi Roll method. It helps in predicting the moment the price will reverse. Moreover, this moment can be caught pretty early with the Sushi Roll. The candlestick pattern known as the Sushi Roll consi ..read more

Candlesticks charts are commonly used by traders. They represent the price changes using candles with wicks. You can clearly see the opening and closing prices or the highs and lows within a certain period. The candlesticks tend to form some patterns that are likely to repeat themselves over time. All these provide very useful information that can help in making trading decisions. Today we will see into one of the formations of the candlestick, which is known as the Stalled Candlestick Pattern. The Stalled Pattern on Binomo The Stalled candlestick pattern usually can be observed during the upt ..read more

Stock trading has always been a very popular method to earn a lot of money and given the huge improvement in technology, it is now possible to execute trades online without having to leave the house. Thus, millions of people have embarked on this opportunity and we are seeing astonishing numbers in terms of the daily trading volume in this market. There are various types of trading depending on whether you wish to trade short-term or long-term. Intraday trading means opening and closing the trading position within a single day. It is also known as day trading and it is convenient for ..read more

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