We believe that, as with all things, knowledge is crucial both for beginners and tenured traders. Practicing that knowledge in a designated environment before you dive into the charts is highly recommended. If you are new, you can check out the ...

Any Advice for a Beginner?

ThinkMarkets integrates with TradingView — We’re excited to announce our integration with the TradingView platform. The partnership will allow our clients to connect their trading accounts to TradingView – enabling them to trade directly from ...

ThinkMarkets Discussion

Focusing on one or two FX pairs and a single timeframe can be a highly effective strategy, especially for beginners. This approach allows traders to develop a deep understanding of specific market dynamics, making it easier to spot trends and open ...

Focusing on one or two pairs, one timeframe?

ThinkMarkets offers CFD trading on up to 4,000 instruments, including cryptocurrencies. Choose from 20+ coins and benefit from tight spreads.

Which broker should I use to trade BTC?

Check out ThinkMarkets. Select from 3,000+ shares with a ThinkTrader account. They require zero minimum deposit so you can start stock trading for as little as $5.

Stock broker with low minimum deposit?

Do you use stoploss or not? Yes, stop-loss orders are recommended in any trading strategy. They are a crucial tool for managing risk and protecting a trader's capital from significant losses. Why do you use stoploss and why you don't? The primary ...

Do you use stoploss?

Feeling anxious when trading is normal. However, if it's heavily affecting your decision making, then here are a few strategies to help you maintain a healthy mindset 1.Develop a Trading Plan - Having a clear plan with predefined entry and exit ...

Managing anxiety

Trendlines work because they help traders visually identify and capitalise on prevailing market trends. They are drawn by connecting multiple price points over a period, creating a straight line that represents support in uptrends and resistance in ...

Why do trendlines work?

Interest rate increases can strengthen a country's currency. Higher interest rates provide higher returns on investments in that currency, making it more attractive to foreign investors. As investors buy the currency to invest in higher-yielding ...

I am fairly new and have a question...

Absolutely, using a demo account is a highly recommended step before transitioning to real trading. Demo accounts provide a risk-free environment where you can familiarise yourself with the trading platform, test your trading strategies, and ...

Is demo a step before real trading?

"Staying motivated as a new trader can be challenging, especially when faced with the inevitable ups and downs of the market. One effective way to maintain your motivation is by continuously learning and building your confidence through trading ...

How do you newbies not lose your motivation?

The choice between using a trailing stop and a take profit order ultimately depends on your trading strategy, risk tolerance, and the specific market conditions you're trading in. Both tools are valuable for managing risk and securing profits, but ...

Trailing Stop or Take Profit?

Consistent practice, discipline, and adherence to a set of well-defined rules are required to become a successful trader. Even then, there are still factors that are out of the trader's hands that may result in losses. Here are some of the rules ...

Rules of Successful trader

Deciding the right time to buy Bitcoin, or any asset for that matter, often boils down to thorough research and understanding market dynamics. It's crucial to 'do your own research' (DYOR) to make informed decisions. One significant factor to ...

BTC increase

Hidden

Stock market is better

Leverage is a double-edged sword. Moving beyond a 1:1 risk-reward ratio in trading is a significant step that can potentially increase profits, but it's important to understand that with higher potential rewards come higher risks. A risk-reward ...

Moving on from 1:1 Risk-Reward

For beginners, the concept of leverage can be tempting. Multiplying your profit by 2000? Sign me up! However, it's crucial that you understand that leverage comes with both benefits and risks. Opting for high leverage allows you to open large ...

High leverage vs Low leverage

Scalping involves making a large number of trades to capture profit from small price movements, often holding positions for short periods of time. While a profitable strategy when done correctly, it requires specific conditions, discipline, and a ...

Scalping! Can it really be profitable in the long term?

Becoming 'emotionless' in trading might not be entirely achievable, as emotions are a natural part of the human experience. However, it is possible to reduce the impact of emotions on your trading decision. Emotional trading often stems from ...

How to Become Emotionless

To answer your question, yes 20% profit every month is possible. However, that is an ambitious target. While it is possible, it's important to understand the context and risks involved, especially when it comes to forex trading. Achieving such a ...

20% per month. Is this possible?