BigProfit Profit through Algo & Technical Trading

As a trader, artificial intelligence (AI) could be an invaluable asset to enhance your technical analysis skills. AI can help uncover patterns which would otherwise remain hidden. Machine learning is an important subfield of AI that uses algorithms to automatically extract insights from data, enabling computers to make increasingly accurate decisions without being programmed specifically for each task. 1. Predictive …

Technical trading requires mastery of multiple time frames. Being adept in this area will significantly increase a trader’s odds of success and help to strengthen his/her chances. Pro traders prefer multi-time frame analysis because it helps them keep an eye on big picture and long term trends, and fine tune their entry and exit points. Trend Analysis Trend analysis is …

As a Forex trader, your trading psychology and risk management abilities are of critical importance for success. Utilizing these abilities will allow you to avoid common errors such as revenge trading, premature exits and overtrading. One of the greatest mistakes traders can make is ignoring their emotions, such as greed, fear or anger. They may allow these to dictate their …