Mindblown: a blog about philosophy.

  • Why Is Taking Profits So Easy While Cutting Losses Is So Hard?

    Introduction Capital management is crucial in trading. It can be said that correctly predicting market trends is only half of the battle in trading. Without a proper capital management strategy, success often slips away. Many traders adhere to the principle of “limited losses, unlimited gains,” but in practice, their approach to managing positions’ profits and […]

  • Support and Resistance

    Support and resistance Support and resistance” is a general concept referring to key levels on a price chart that have historically shown significant importance because they influence price movements. Support refers to a level or area on the price chart where the price typically stops falling and starts to bounce back up. It signifies strong […]

  • Introduction to Candlestick Charts: The Best Tool for Beginner Traders

    Candlestick charts, also known as K-line charts, are a commonly used technical analysis tool in the trading market. Originating in 18th century Japan, they were invented by rice merchants to record rice price fluctuations. Today, candlestick charts are widely used by traders worldwide in stock, forex, futures, and cryptocurrency markets. This article will introduce candlestick […]

  • How Much Money Do You Need to Start Trading?

    Trading Expenses Commissions are likely to be the greatest cost you will assume as an active trader. Other expenses, such as software, Internet, and training costs, could also be high, but they are dwarfed by the cost of commissions. A trader may make over 100 transactions per month, and the commissions will vary widely depending […]

  • What Is Order Execution?

    Investors and traders assume that orders are immediately executed once they click the “enter” button on an online trading account. However, they may be surprised at how an order is filled and the associated time delays. KEY TAKEAWAYS Can a Broker Get a Better Price than Market Price for an Investor? A broker may provide the execution at […]

  • Forex Trading for Beginners

    Forex trading can be complicated and risky, but it can also be lucrative without requiring a large initial investment. What is forex trading? Forex — or FX — refers to the foreign exchange market, and forex trading is the process of buying and selling currencies from around the globe. The forex market is the largest […]

  • What Is Stock Trading?

    Stock trading involves buying and selling shares in public companies — called stocks — to try to make money on price changes. Stock Trading: An Overview Stock traders watch the short-term price changes of stocks closely, and then they try to buy low and sell high. This short-term approach sets stock traders apart from traditional […]

  • Boost Your Profits: 5 Proven Trading Tips to Help You Master the Forex Market!

    In this video, we will discuss five important Forex trading tips that can help you take your trading game to the next level. We’ll cover topics ranging from knowing your trading platform inside and out, to managing your emotions while trading. So, if you’re looking to take your Forex trading to the next level, stick […]

  • What is Bid Price/Ask Price

    In this video, we’ll be exploring the concepts of bid and ask prices in Forex trading. If you’re new to trading, understanding these terms is essential to navigating the currency markets. The bid price is the price at which you can sell a currency pair, while the ask price is the price at which you […]

  • What is a Pip–Explained in 2 Minutes 

    In the world of trading, the term “pip” is commonly used to refer to the smallest unit of measurement for currency movements. But what exactly is a pip? In this video, we’ll delve into the definition of pip, its significance in the forex market, and how it’s calculated. By the end of this video, you’ll […]

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