It is widely known that traders fail, in fact, most traders fail, but what does it mean to fail? In this article, we dive into “why do traders fail” a little deeper. What Makes Most Traders Fail The thing that makes most traders fail is a lack of real experience, Read more…
Paying tax on profits is often required, regardless of how they are made. There are a few exceptions, such as gambling profits (in Australia) and Spread Betting (in UK). The best way to work out whether you need to pay tax or not, is to check with a licensed accountant Read more…
How Much Money Do You Need to Day Trade? This is one of those how long is a piece of string questions, the type of question a lazy salesperson uses to describe an overall ‘don’t know’ instead of outlining the factors that will determine the appropriate answer in the situation. Read more…
This article covers methods of investing for income and also takes a look into ways you can work out how much you would need based on spending habits. Investing for Income Australia If you are in Australia, perhaps you are interested in ASX listed shares. Some shares pay a dividend Read more…
This index trading how to, takes a look at trading in general along with some great information about trading indices specifically. What is an Index? Understanding the Basics of Stock Market Indices An index is a basket of stocks or other securities that represent a specific sector or market. In Read more…
Metatrader volume is the same concept as lots or lot size. Metatrader 4 Volume Metatrader 4 volume can be set in the upper left corner of the chart where the Buy and Sell pricing is. This is sometimes a dropdown box if you cannot see it, clicking the icon where Read more…
Best Metatrader 5 Brokers The best metatrader 5 brokers include the major forex brokers in the industry. These would include Eightcap, Interactive Brokers, Pepperstone and Vantage. Metatrader 5 Broker List Here is a list of brokers to choose from: Pepperstone Metatrader 5 Eightcap Metatrader 5 Vantage Metatrader 5 IG Markets Read more…
MT4 Error 4109 (Trade is Not Allowed) typically occurs when an expert advisor (EA) or script attempts to place a trade, but trading is disabled. This can be due to several reasons, such as: ✅ AutoTrading is Disabled – Ensure that the “AutoTrading” button in MT4 is enabled.✅ EA Settings Read more…
The last thing you need to deal with is a platform issue when you want to place a trade and the market is pumping! Want to fix your grey new order button on MT5? Here is the answer on how to fix the MT5 new order greyed out button. Note Read more…
Is Pepperstone a Good Broker? Short answer, yes, Pepperstone is a good broker. Here’s some reasons why: Client segregated funds (Client funds held external to the company money) They don’t make the market or trade against you (straight through trade execution) Trading conditions are excellent (spreads, speed of entry and Read more…