risk

Why is Forex risky?

Forex is often label as highly risky and something of a gamble. And at AlpsSocial, we agree that it is extremely risky for amateurs, who lack the basic fundamentals and turn toward gambling.   The main problem with the amateur trader is that they all have this naïve mindset that you can make a lot of money in a short…
profit-loss-risk

Why do most forex traders fail?

Most people start Forex trading with the expectation of making large sums of money within a short period of time. Something which even experienced traders struggle to achieve. This is due in part to the influence of numerous false marketing campaigns promising ridiculous rates of return within just 2-3 months. There are many reasons why a trade fails, but most…
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Is There Another Way to Trade Pin Bars?

If we think about it, the process of trading isn’t quite as complicated. Strip it down to the most basic element of trading and you’ll know what this means. What is the most basic element in forex trading?     Trading essentially involves buying a security at a specific price, then selling the same at a higher price.   The…
Trading Chart

Price Action Patterns – All The Important Ones In One Place!

A lot of traders feel the concept of price action is elusive in its working even though it’s one of the most common trading strategies.   No two people analyze price action and its pieces in the same way! The reason behind this thinking is simple: price action is a purely subjective concept—a facet of analysis that is closely tied…
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Price Action – Complete Guide For The Average Trader

In a nutshell, price action is described as the study of price which is one of the purest indicators available to forex traders. Price action describes characteristics of price movements of a security i.e. where and when it’s expected to make a move. This movement is further analyzed and compared by traders against recent price changes, in the past. In…
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Top 3 Trading Secrets Of Bollinger Bands

Developed by famous technical trader, John Bollinger, a Bollinger Band is two standard deviations away from a simple moving average. This popular trading strategy includes 3 main bands that will feature throughout the blog. Bollinger Bands Calculation Upper Band is equals to Middle Band + 2 standard deviations. Middle Band is equals to 20 period moving average (most chart making…