Archive for the ‘Trading’ Category

InstaForex sums up 5 interim contests

Friday, June 1st, 2018

The contest administration is ready to declare the winners of five InstaForex contests and campaigns: One Million Option, InstaForex Sniper, FX-1 Rally, Lucky Trader, and Real Scalping. We sincerely congratulate our heroes on brilliant results and wish other contestants to find their names among winners of further stages.

One Million Option

One Million Option is one of the most popular InstaForex contests. Every step gathers lots of participants who are ready to face a challenge and contend for the title of the best options trader. This time, the best score was achieved by Bronislavs Zenonovic Kolodinskis, a trader from Latvia.

The next stage is to start pretty soon, on June 4, 2018 and finish on June 8, 2018.

InstaForex Sniper

This contest is invented for the fastest and most accurate traders. The latest tournament revealed that the best sniper is Aldis Kalva, a trader from the same Baltic country. Please be aware that the next stage of the InstaForex Sniper contest will be held from June 4, 2018 to June 8, 2018.

Lucky Trader

Confidence, prudence, and concentration on success are the key to the victory in the two-week Lucky Trader marathon. If you manage to carry out flawless trading for two weeks, you will be able to win this competition, just like Ali Setiawan from Indonesia did it. The nearest stage of the Lucky Trader contest will run from June 18, 2018 until June 22, 2018.

FX-1 Rally

Anton Aleksandrovitch Yurin was the best to cover the whole distance of FX-1 Rally, displaying remarkable trading and racing skills. We congratulate the winner on a stunning victory and wish him to confirm the title of the best racer in further stages. If you long for a tough challenge and are eager to feel the thrill of a race, welcome to the starting line of the FX-1 Rally! You can register and take part in the nearest tournament which will be held from 00:00 June 8, 2018 to 23:59 June 8, 2018.

Real Scalping

Short-term trading is a rather complicated and meticulous type of trading which requires careful attention. Hardly everyone is attentive, focused, and prompt enough to succeed in scalping. These traits are essential to win the Real Scalping competition. This time, Sergey Rozhnov displayed all these qualities and took the first prize. InstaForex congratulates the winner and invites other traders to participate in the contest. Everyone willing to test their skills can register for the Real Scalping contest. The next round will begin on June 4, 2018 and finish on June 29, 2018.

Learn more about the contests

Photos and comments of the finalists

Chancy Deposit: $5,000 only in April

Tuesday, April 10th, 2018

Dear traders!

In honor of the victory of tennis player Daria Kasatkina in the semifinal of the Indian Wells Master tournament, we increased the bonus to $5 000 under the Chancy Deposit campaign in April.

Now, if you replenish your account until April 30, you become a participant of the campaign and a contender to win of $5,000, which you can use in Forex trading. The Chancy Deposit contest is held monthly. Every time we change the bonus size. Follow our news and professional careers of our partners because every participant of the campaign has a chance to win the prize funds!

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Do you need a trading plan?

Wednesday, February 20th, 2013

If you are serious about trading successfully on the international currency market, then you should work out a trading plan. Pay particular attention to it, as it is not just another chapter in a Forex trading guide book; on the contrary, it is a major trading tool.
If it seems the trading plan is useless and takes precious time, try not just to draw it up, but make corrections occasionally.
Statistics and statistical analysis are of great importance when trading on the Forex market.
Trading plan is a kind of statistics which reflects your actions in different circumstances. It is an algorithm of your work, which should be corrected due to market changes.
It is a trading plan that will help you to analyze situation promptly and take right decisions.

You should remember the basic stages in plan-making process:
1. Observe the economic news and collect relevant information.
2. Make a plan.
3. Keep to the trading plan.
4. Analyze you work according to the plan.
5. Correct the plan.

Trading is a job, a sort of business, and business without a plan will not bring fruitful results.

How to start trading stocks?

Wednesday, February 6th, 2013

Before answering this question, it is necessary to give definitions of the terms. Stock trading means buying and selling securities on stock exchanges. One of the purposes of the trades is gaining speculative profit. Today most of online trading on global stock markets is conducted by retail traders.

In order to trade stocks, a trader opens and replenishes his trading account with a brokerage company, which provides access to markets. A broker holds agreed commission from his client’s trading account for its services.

Depending on the size of the deposit, the expected schedule, and personality traits, a trade chooses and then tests his trading strategy on a demo account. It involves transactions of a given size on a particular stock market, with certain trading instruments and conditions of closing positions.

Trades on stocks are carried out on special software – trading platform, which sends the order to a broker to buy or sell an asset. A trading platform has all the necessary functions for trading. In addition, it enables you to track stock quotes and analyze the current market situation through various software applications (indicators, oscillators).

For successful stock trading you should understand the way financial markets function, have the skills of technical and fundamental analysis, as well as experience in demo account trading. Trading requires constant self-monitoring and self-improvement, but finally can result in a job satisfaction and a significant income.

Multiple time frames analysis

Tuesday, February 5th, 2013

Starting working on Forex every experienced trader came across the concept of multiple time frame analysis. One might look for the answer for such questions as “Which time frame is the best?”, “Which one is the most profitable?”, etc. In order to answer it, we should examine each of them.

Every time frame is designed to show the same information. The only distinguishing feature is the data provided in terms of different periods of time. In order to help you to choose the most appropriate, let us look at the most popular:

1 day;

1 hour;

5 minutes.

On the daily chart every bar represents one day; thus, changes on the chart will be observed once a day. On the 1-hour chart new bars appear every hour, providing trader with information. Bars on the 5-minute chart appear every five minutes, showing dynamically the current situation on the market.

In order to choose the most appropriate time frame, you should take into account several criteria: the period you will be working with the charts, profit, the amount of your deposit, and account management.

If you prefer a more moderate pace of work and you like to follow the changes of the chart every hour; if you consider that 1-hour chart is more reliable and it reflects precisely the price fluctuations as it does not show a great deal of that fuss about nothing that 5-minute chart contains, then 1-hour chart is ideally suited for you.

We may think over the other alternative. In case you have regular job and you do not have enough time to observe the situation or you think that changes which occur during the day do not influence the market on the whole, and it is better to analyze the final result in the evening; probably you want to participate in the trade at night making money work for you even when you sleep, consequently, it is better to use daily charts.

You have to choose the way you make money on Forex either participating in trading, using every chance, sitting in front of the monitor the whole day or making money relaxed observing price fluctuations from time to time and not breaking your daily routine.