- Master Professional Trading Principles at Trademy


Links: Trademy WebsiteFacebook / Twitter / Youtube

The rise in popularity of cryptocurrencies changed the fortunes of many traders all around the globe and made people envious of their luck. The same thing happened a few years ago with the foreign exchange market. The trading world has always been like this; changing quickly and fortunes are made or destroyed. This potential of generating huge returns is the primary reason why a lot of people are attracted towards this world. But, once you take a close look, you will realize that there are both successful traders and those who are unable to make it. Yes, luck does play a role here, but there is one thing that distinguishes the professional from the unprofessional; education. 

It is a fact that most traders don’t succeed in this market because they don’t have any trading education and are not familiar with the ups and downs that can happen. Since they don’t have been properly trained, they end up making wrong decisions and are influenced by emotions, which can often cause problems in the long run. As the world of trading is complex and carries a high risk, it is best to get the necessary education and Trademy can be immensely helpful in this regard. Yes, there are a number of trading education institutes that claim to offer you the knowledge, but it is better to opt for Trademy. Why? 

This top-notch education platform has changed the way trading education is provided because it is not after making a few quick bucks and just teaching traders a handful of strategies. It has come up with innovative courses that cover every aspect of the trading process and can help newbies in mastering the art, no matter what particular market they choose to trade in. The first thing you need to understand is that Trademy was established in 2009 and has kept up with modern technology. Thus, it gives you the benefit of getting a thorough trading education right from the comfort of your home. 

The beauty of the internet is that it saves you considerable time because you don’t need to enroll in an institution, deal with traffic and commute and then attend a class. You can get access to detailed and fun video lessons at Trademy along with some exclusive support materials that can enable traders to comprehend every single aspect of the trading world with ease. The major reason Trademy stands out from the crowd is the fact that its meticulous and high quality lessons are designed for everyone. Newbies who are just entering the trading market will learn a lot from these lessons and so will experienced traders.

The videos for beginners are about the basics of the trading market to aid them in knowing how things work whereas those for the professionals contain some excellent strategies and styles that can help them in making additional successful trades. Most of the other websites out there only hand out a long list of books and expect traders to just drown themselves in them. They are often difficult to understand because they contain a lot of jargon. Keeping this in mind, Trademy has chosen to devise videos that are in a simple and easy-to-understand language.

This is immensely helpful because even a novice who has absolutely no trading background will be able to understand the videos and what they are trying to get across. Some other education platforms also have videos, but they are often boring and long. Trademy has chosen to keep them short and interesting, which boosts their effectiveness. Furthermore, the education platform has also included short tests and quizzes after every video to see exactly how much the traders have understood. 

The purpose is to highlight the weak areas so traders can work on them and do the necessary work to ensure they don’t make costly mistakes in the market. In addition, Trademy also uses medals, badges and a point system to help in motivating the students into learning better because they are rewarded for their successes and work harder because of it. Apart from the fact that the lessons are comprehensive, what adds to their appeal is that they are compatible on a wide array of devices. This allows traders to continue their education no matter where they are; taking the bus to work, lunch break at the office or anywhere else. 

The videos don’t just rum smoothly on desktop PCs, but also operate well on laptops and smartphones, both Android and iOS. The Trademy Live Trading Room is a great benefit that Trademy has to offer to its traders because it gives them the chance to see how real markets work. In a live trading room, they are able to watch professional traders and mentors make trades in real time instead of just watching closed trades. This is a whole new experience and the best part is that they can also copy the same trades on their own accounts. Combined with the lessons, this experience can be highly educational. 

Other than that, Trademy realizes the value of getting experience so it has provided its students with the option to use a demo account on a regulated platform. This way, traders only work with trustworthy brokers and stay safe from scams and it also gives them a lot of practice without stressing over losing their investment. In addition, Trademy gets the accounts analyzed by their mentors who can help traders in knowing where they lack and can work on. Who conducts this analysis? Some of the top mentors on this platform have this responsibility and this includes:

Elif Kundakci: She has worked in the finance industry since 2005 and knows her financial products inside and out. She is well-educated and comes off as a wonderful instructor because she has a passion for market movements and understands the needs of traders.

Kyriakos Charilaou: Even though he joined Trademy in 2018, Kyriakos has been trading in various markets and has spent nearly 12 years in training and guiding traders all over the world thanks to his expertise. 

ECHARTAR Trading Platform - Echartar for Well Informed Trading


You don’t always have to look at the most expensive trading platforms for trying your trading skills in the stock market or forex. Some softwares are quite inexpensive and provide a lot of features that could help you do safe investment down the road. Echartar is one of those softwares. This is not the most popular software and might not be the most recognized around the world but this software features some great options too. It fits the bill and provides you all that is necessary to have in order to trade safely in the stock market. The software is improving with time and you can see the new versions coming out on a regular basis too.

Echartar, as the name suggests, is more focused on charts and using charts for investing in the investment markets. The software is known for being very user-friendly so even the new traders can use it with no hassle. The software offers you customizable data feeds so you can always arrange the data according to your suitability. Echartar is meant for PC users and so people who have MAC won’t be able to take advantage of this software. A drawback for this software is that it is not currently available for mobile devices so people who want to have trading software mainly to use on their computers might find it to be the best fit.

The market covered by the software is India so it is highly recommended for the people from that region. The data speed is not the fastest but still good enough to keep you trading safely and execute your orders in time. The software allows you trade in stocks, futures, ETFs and mutual funds. Real-time screening is not the best of its features but it does offer some great watch-list options to the users. Another drawback of the software is the missing analysis and news from various sources so the users have to rely on third party softwares and applications for those purposes. You can view multiple charts and there are dozens of indicators integrated on the software for your help. There are currently over 32 indicators that you can view on the software.

Tips for traders and when is a good time to trade

The following trade secrets will hopefully make your journey into currency trading a bit easier. Some may sound like common sense and others are just pointers to give you the best possible chance of making some money. 

The 10am rule 

Although the markets are open for twenty four hours a day, this doesn’t mean that there isn’t a good time for trading. You can only make a profit if the market is going up or down, and at some times of the day the market just doesn’t move. Therefore learning about the times when the Forex market is most active will be to your advantage. There are three main trading sessions – Tokyo, London and US. The first is the London session. This has the greatest movement as it isn’t just the UK that is trading but also other countries in Europe. The next session is when the US market starts trading. There is an overlap between these two times, and this can be the time of the day when there is the greatest movement in the market and therefore the most likely time for making a big profit. The Crossover between Tokyo and London is also a busy time. Therefore the best times are when these crossover points occur. 

It is considered that 10am is the best trading time as the London markets are just closing so more buyers are moving onto the US markets. At this time of day buyers and sellers will make last minute bids before the market closes and this movement will result in big profits if you invest wisely. 

Trading on the right day of the week 

Research has shown that the most movement in the market happens midweek on Tuesday and Wednesday. Friday can be busy as well but only until around noon as after that there can be chaotic movements due to it being the week’s end. 

Don’t take too many risks 

It is recommended that you limit your risk by only trading 1% of your total account on each trade. This way you won’t lose as much money if you aren’t successful. Also, only trade if you have a good percentage reward. This is called the reward/risk ratio. The way it works is if you could potentially get a 3% reward from a trade you will risk 1% but if it doesn’t then don’t take the risk. 

You can purchase Forex software to help you 

There is some very good software on the market which will help you trade and make the best possible decisions in order to make more money. Some trading software will be able to help you predict the market trends, however, don’t believe all the claims that the Forex software producers say. Try to choose something that has good reviews and has been proven to work. 

Beware of the scams 

There are lots of forex books or schemes out there which claim to give you all the secrets of Forex trading and give you foolproof ways to make money. No one can make money all the time, and so you need to steer clear of these scams. Read a few books and come up with your own methods of trading and you are far more likely to make a success of it. 

Keep your eye on national events 

Changes in things like interest rates, price indexes and reports on unemployment can have a big effect on the trading prices. After watching the markets for a while and looking at the trends you will be able to work out which events make particular changes which will help you trade sensibly and make more money. 

Always bet on an up trend 

Forex trendsKeep an eye on currency trends. If it has been going down for a long time and suddenly starts to go up this is a good time to take a bet on it. This is particularly true if the country has suddenly changed to having a much more positive economic outlook. Currency pairs follow each other, so you can also look for other currencies that may move up as well. 

Put you excess funds into a stable currency 

This might seem like common sense, but some Forex day traders will want to take a risk to try to make more money. However, the bigger the risk the more money you could potentially lose as well as gain. Putting your money into a stable market means buy currency from a country that is politically and economically level.

How can Forex indicators help you in achieving long term profits?

It is a well known fact that forex trading is one of the best and the quickest means of making a large amount of money from your investments. This is the main reason why so many people each day join the currency market and invest their money in it. But what most of these people do not understand is that currency trading is not as easy as it looks. In order to make a profit from forex trading you need to use the right kind of tools and the right kind of trading strategy.

In order to earn money in the currency market you need to have the ability to predict how the market is going to behave in the future and in order to do this you would have to master techniques which help in analyzing what is going on in the market at the current moment. All this requires making use of forex indicators to analyze what is going on in the market at the moment and how the market is going to react to changes in price levels of currency pairs in the future.

Price of dollars and world

There are a wide variety of forex indicators in use these days. These different kinds of forex indicators have their pros and cons and in one way or the other they help you in determining what you need to do next in order to make a profit in the currency market. Some of the most commonly used forex indicators include multi-frame indicators and forex divergence indicators. Apart from this there are several other types of indicators such as MACD, RVI, RSI, Stochastic, etc.

Multi-frame indicators are used for the purpose of analyzing various different time frames at the same time in order to find out what is going to happen next. They can help you find out whether there is any prevailing trend in the market or not. Multi-frame indicators can also supply you with information regarding whether it is good to invest into or withdraw from the market at the moment. In these kinds of indicators the signals are generally defined on the basis of buy and sell rules found over a period of several intervals which are clubbed together to come up with a final signal that is used to determine whether it is time to buy or sell.

On the other hand in case of divergence based indicators, the focus is on the movement of the trend lines. The movement of the trend lines is used for the purpose of determining whether there is a bullish or a bearish divergence. Trend analysis is generally done and that is taken into account to generate a divergence signal. A divergence signal basically gives the relationship between the strength of the current trend line and the market price of a currency pair.

Forex indicators are a great tool and can be very readily used for the purpose of analyzing the currency market conditions and predicting the future course of the market. They can be used for the purpose of formulating investment strategies and to set goals for an investor. Apart from all this these are capable of providing data that is accurate and real, thus giving you a true picture of what is going on in the market at the moment.

Are Forex Trading Signals Accurate and Reliable?

If you plan on investing into the foreign exchange market but don't have the time or capital to invest in a personal trading education, then forex trading signals might be for you.

Forex Trading and Accuracy

Unfortunately you will never find a forex signal system that is 100% accurate year to year. But what you can find, is a forex signal service provider who has the experience and knowledge to deliver a higher number of accurate signals over inaccurate ones.

A forex signal service isn't there to give the perfect trade every single time, their job is to make sure your profit exceeds your losses. In short, you want a signal service provider who is generally accurate on a month to month basis.

It's also important to take into account the timeliness in which the signals are delivered and the technology behind their delivery. If a method of trade delivery is causing you to receive your signals a few hours late to a few minutes late, it can drastically impact your overall performance using those signals.

How to Find Accurate and Reliable Forex Signals

There's hundreds, maybe even thousands of forex signal services out there, and with every single one of them clawing for your business, how can you know who to trust?

Even joining the most 'popular' cryptocurrency trading signal providers won't always work. A signal service can claim to have thousands of happy customers, but is there really any way to verify those individuals and their positive results?

Create a list made up of a few signal services you like, and then investigate. Read reviews and look for testimonials. You can find reviews not just in blog posts, but in forums and even in the comment section of a review post.

But even with this, know that just as easily as a positive review can be fake, a negative review can also be from someone who just lost money and was upset. Be critical in reading reviews, look for the good and the bad.

Here are a few characteristics of a forex signal provider who may not be as accurate and reliable as they claim.

• No verified record – A reliable forex signal provider should be able to give you a track record of their trading performance, either through their own spreadsheet or a third party platform like Myfxbook. A verified trading record is a good indication of how effective the provider's strategy actually is.

• Large upfront deposits – Accurate signal service trust their signals so much that they typically offer a free or low-cost trial period. Through this they justify their worth to you. If you profit through the trial period, they know you'll be back to pay the full price tag.

• Free signals – Free signal services aren't known to be extremely accurate. If a signal service is giving away signals for free, then that indicates the trader behind the signals isn't efficient enough at trading to be worth being paid.