Every one of us dreams of passive income. It makes us feel more confident and not worry about tomorrow. Just imagine you do not have to visit the office and still have money to live. Sounds fascinating, isn't it? Trading on any market, like foreign exchange, cryptocurrencies, stocks, or commodities, can provide you with a good income from the comfort of your own home. The only problem here is that to trade successfully, you need to have a good understanding of the markets and practical experience in trading. However, there is an alternative: meet copy trading and MAM trading!
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Let's get back to the topic of trading assistants that are not worth your time and money. In the last article, we talked about two types of such indicators. Today's three programs will close the top five.
Today we'll talk about the Wedge. Visually, the figure resembles a triangle. However, this pattern produces clearer signals. During the formation of the triangle, you have to wait for the breakout of one of the triangle sides in order to determine the further price movement. The wedge gives a clear reversal signal.
Markets are cyclic. There are some periods when they are wild, and people lose a lot of money during these periods. The US economy survived six recessions from 1973 to 2009, but some traders and investors earned enormous money. Does it mean you should stay away from the markets and stop trading? Or should you open new trades even more often? Forex trading has many dangers, even in quiet times, so if you can change your thinking and trading style, you should invest. Let's clarify why investing is important in a crisis.
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