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Wish you all a very happy raksha bandhan.

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Eid-ul-Adha and its significance

Eid Mubarak! The holy Eid-ul-Adha is right around the corner and it will bring with it a million blessings

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Cube global wishing you a very happy hartalika teej.

#forextrader #forextrading #forexlifestyle #cubeglobal #cubeglobalfx #forexsignals #forexmarket #forexmillionaire #forexdubai #forexindia #forexusa

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Every decision you make, makes you. Never let other people choose who you’re going to be.

#forextrader #forextrading #forexlifestyle #cubeglobal #cubeglobalfx #forexsignals #forexmarket #forexmillionaire #forexdubai #forexindia #forexusa #online #onlinetrading #forex #investment #money #wealth #income #makemoney

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How To Develop A Winning Trader’s Mindset

Trading is a game that is hard to master. Only a dedicated few have been able to stay consistently successful in trading and the vast majority comes and goes out of the game. So, why is it that only a handful of people can become what might be termed as ‘a successful’ in the true sense of the word? Are they gifted, more hardworking, more intelligent, or simply luckier? If trading is about intelligence, then an Academic should be able to make easy money by trading or if it is hard work, then a worker should easily become a successful trader, but trading is not about just these factors. It might be tempting to credit a successful trader’s success to external factors but it is not right and also discredits the hard work these traders do to earn their success. Then, what sets them apart from the traders who try as they might yet are still not able to climb the success ladder?

According to many studies and experts of the field, including successful traders, what makes a successful trader is not their intelligence or their strategy or any other factor. The main reason for the success of a few traders is their mindset. It is no news that in trading, successful and failed trades are just part of the game. The majority of the traders, even while knowing this unshakable truth of trading, still get hung up on small details of trading and that translates to them not making the list of ‘successful traders’. A winning trader, on the other hand, focuses not only on the small details but also at the big picture and persists in their efforts until they achieve their goals and more.

Read More :  Advantages of Forex over Stocks Trading

So, how can one develop a winning trader’s mindset? Mindset is composed of your beliefs and your actions. There are many things which contribute to a winning trader’s success and here are a few of them:

Every successful trader has achieved their success in different ways yet there's one thing which is common in all successful traders: Self-confidence. Many traders may have amazing strategies and the best tools to make profitable tools yet if they lack confidence, they will be afraid to push their limits and have little faith in their abilities. This would significantly damage their chances of being a successful trader as they would be afraid to take chances, the one thing which is a definitive trait of trading. Circumstances and the market will always keep changing, but with the self-confidence, you can withstand any situation and make profits while you’re at it.

Read More :  Types of Forex Trading Strategies

Another factor which is common among all successful traders is that they are very adaptable i.e. meaning they quickly adapt to the changing market. That means changing their strategies, their approach to the market and their trading techniques as soon as the market changes. This trait allows them to stay at the top of their game as well as the market.

Trading is considered an analytical sphere, as it should be but what most often overlook is the fact that it is highly emotional as well. Wins and losses create huge emotional rollercoasters and the successful traders know how to take control of this rollercoaster, thus allowing them to score a successful trading career. Many traders either celebrate their wins excessively or wallow in the misery of a failed trade. Successful traders, on the other hand, know that a single trade or more, win or loss, doesn’t define how much profit they can earn in the long term, so they keep their emotions in check and think rationally in their trading. So, to develop a winning trader’s mindset, it becomes highly important that emotions be kept under control to make the best rational decision regarding your trades.

Read More :  Buy Stock: Step-by-Step Instructions

These are some ways in which anyone can develop a winning trader’s mindset and start turning your trading into a profitable one.

to know more visit us : www.cubeglobalfx.com

See More : Advantage of CubeGlobal 

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The Key to Trading Success is Emotional Discipline. If Intelligence were the key, there would be a lot more people making money trading.

#forextrader #forextrading #forexlifestyle #cubeglobal #cubeglobalfx #forexsignals #forexmarket

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Stop Overthinking & Start Trading

Being cautious is a valuable trait, especially in uncertain and turbulent times. That said, being overly cautious hasn’t worked out for anyone ever in history. Whenever there is a big and important decision to be made, ones with significant consequences, one must think thoroughly before pursuing those situations. On the other hand, it is quite easy to fall into the pit of overthinking when it comes to big decisions. We have all fallen victims to overthinking at one point or another, and usually, it’s a dead-end and does us no favour. Often, overthinking leads to the opposite effect than one that's desired. Overthinking leads to indecisiveness and inaction in a particular moment can lead to that moment and opportunity being lost forever. Hence, overthinking is not a friend of ours, no matter how much we tend to deny it. Many times, what’s needed is not overanalyzing the situation but making a metaphorical plunge of faith, whatever may be the result.

Trading is such a field where spontaneous decisions often lead to the best outcome. It is an understatement to say that trading is an analytical field. Traders need to read many charts, keep updated about the market and keep up-to-date with the world at large, as well and more. There is much information to be consumed and to be analyzed to make the best possible trading decisions. Yet that’s not all there is to trading. Yes, analytical knowledge of the market gives you an edge, a better opportunity to make successful trades but at the end of the day, this knowledge is nothing more than a tool. You are the one that makes the decision. This analytical knowledge should be utilized to create an understanding of the market and this understanding will function as the foundation of your every decision in trading; but they won’t directly be that decision in any way, just a foundation.

Read More :  How is trading forex different from trading stocks

Many traders fall prey to overthinking after reading charts, indicators, market updates and more. Oftentimes, whenever there is a big change coming, example- the news of lockdown in march, many start to speculate in a certain manner only due to one factor while discounting the other ones. This comprises the majority of traders and leads to what’s called the ‘market’ sentiment. Those who look beyond the basic and trending stimulation are often able to utilize the market sentiment in their favour and make profits even when the majority of the traders are facing losses.

There are many situations which can lead to a trader overthinking. Among these situations are causes which have been named into numerous biases like Recency Bias, Bruised Ego Syndrome, Analysis Paralysis, Lack of Confidence in Trading Strategy and so on.

Read More :  Advantages of Forex over Stocks Trading

Recency Bias refers to a trader overanalyzing their future trades based on their most recent trades. As we know, not all trades can be won or lost, and that winning and losing is just a part of trading yet many traders forget this fundamental rule and let either the fear or overconfidence of their previous trade overpower their next move. All trades are independent of each other and should be treated as such.

Bruised Ego Syndrome refers to the unnatural fear of losing money and being wrong. In this syndrome, a trader abstains from taking risks, even those that are perfectly appropriate for their trades and hence end up missing out on amazing opportunities. Trading is a game of risks, analyze them and take calculated risks to garner profits.

Read More :  Types of Forex Trading Strategies That Work

Analysis Paralysis is what happens when a trader starts overanalyzing a trader to the point where they keep analyzing the situation while forgetting about their trade altogether. They end up being paralyzed in thinking about the possibilities while missing out the opportunities. Yes, analyzing a trade is important but without any action, it is just thinking and not trading.

There are many other scenarios where a trader might find themselves stuck in the unending cycle of overthinking but it’s important to remember that trades, successful or failures, won’t happen unless you make a decision. So, stop overthinking and start trading.

to know more visit us : www.cubeglobalfx.com

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Trust because you are willing to accept the risk, not because it’s safe or certain.

#forextrader #forextrading #forexlifestyle #cubeglobal #cubeglobalfx #forexsignals #forexmarket #forexeducation #forexmentor #forexmillionaire

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How is trading forex different from trading stocks

In today’s day and age, a single stream of income is simply not enough. The Baby Boomer generation, as the millennials are prone to say, had it easy, and this sentence has credibility. The Baby Boomer generation could afford housing, utilities, and bring up a family with a single job, sometimes with only a single working parent. Millennials and now Gen-Z, on the other hand, don’t have it easy. Unlike 30-40 years back, the living prices have gone up exponentially while the wages have increased only marginally and this has led to a disbalance. Nowadays, people are working multiple jobs and yet barely able to cover their living prices, not to mention, that such a lifestyle leaves barely enough time to catch a breath, let alone do things a person’s heart truly desires. In simple words, they are just surviving and not living. Is there an alternative to this dilemma? Yes!

Read More : Advantages of Forex over Stocks Trading

Investing and trading have become one of the most profitable alternate streams of income. Previously these sectors had limited accessibility in the sense that only rich people who had generational knowledge of trading could go into it and make profits as the knowledge was scarce. Now, on the other hand, investing and trading have become more accessible than ever before. There are many markets one can choose from for investing and trading. Two most popular and highly lucrative markets are Forex and Stock market. Forex refers to Foreign Exchange Market in which currencies from all over the world are traded, the Stocks market, on the other hand, refers to the trading of shares of multiple companies and organizations. As the primary function of the two differs significantly from each other, so does the trading in the two markets. Here’s how trading forex is different from trading stocks:

One of the biggest differences lies in the number of tradable assets. As forex trading is related to currency pairs and their trading, the tradable assets are limited in number as currencies across the world are finite. Stocks, on the other hand, has a significant upper hand on forex in this regard. There are thousands and thousands of companies and the number of tradable shares can be counted at any moment, i.e. finite at that moment, but it's ever-increasing as new companies and their shares will keep popping up in the market.

Read More : Best Forex Trading System

Another difference that sets apart the stock and the forex market is that while in the stock market, you need to own the shares you want to sell, i.e. buy the shares to be able to sell them. In the forex market, on the other hand, buying the tradable asset isn’t necessary. A trader can sell a pair of currencies to another trader without buying or owning them in the first place.

In forex trading, traders have an extended time for trading when compared to the stock market. The stock markets around the globe have limited working hours and this also limits the time available to trade in the market. The forex market on the other is a global market and the market is available for trading 24x5. Another factor that distinguishes the forex market from the stocks market is that since forex is a global market, as soon as one major trade centre is approaching the end of their trading day, another major market will have already started their trading day. This makes forex a highly liquid and profitable market. 

Read More : Types of Forex Trading Strategies That Work

The forex and the stock markets are inarguably two of the most volatile markets in the present times. The only difference lies in the fact that the stock market is significantly more volatile than the forex market. The volatility of the market refers to major changes that happen in the market within a certain time-frame, these changes offer amazing profit-making opportunities. So, the higher volatility of the stock market makes is more lucrative than any other market.

There are many differences when it comes to forex and stock trading but both the markets are highly lucrative ones in their sense.

to know more visit us : www.cubeglobalfx.com

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Let us make our future now, and let us make our dreams tomorrow’s reality.

#forextrader #forextrading #forexlifestyle #cubeglobal #cubeglobalfx #forexsignals #forexmarket #forexeducation #forexmentor #forexmillionaire

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Why it rocks to be a trader

The world of trading has been growing like never before. There are hundreds of markets to choose from when investing and trading, and they are all highly lucrative. Be it Cryptocurrency, Forex, Commodities or Stocks, one is sure to find the niche that they like and can start trading today. The present time is one of the best times to become a trader. Here are some reasons why it rocks to be a trader:

One of the biggest plus points of being a trader is Financial Freedom. In today’s day and age, having a single stream of income isn’t enough, sometimes even multiple jobs can barely cover your living expenses. Being a trader enhances your level in such a way that not only you don’t have to worry about your living expenses, you never even have to think twice before spending your money in any way whatsoever. From anywhere in the world, you can make enough money in a single trade that you won’t have to worry about earning for a month or more, all you need is a pc, a good internet connection and the strategy to make good trades.

Read More : Types of Forex Trading Strategies That Work

You are your Boss. Being a 9-5 worker isn’t always a bad thing, but as millions of people will tell you, it is tiring at best and soul-draining at worst. It is especially bad if you are doing something which you don’t like but even if you are at a job you like, the modern monotonous corporate world will make you start hating your work. If you look at it from a long-term perspective, the majority of the population spends most of their lives slaving away their life to make more money for others than themselves. When you become a trader, you work for yourself and no one else. All the profits you generate, other than some fees here and there, go into your pocket.

When you are a trader, you manage your time according to your standards and not someone else’s. You can do whatever you want with your time, spend it with family, go on holidays, or simply pursue a hobby you like, which are almost impossible to do if you are working under someone. You are the master of your time and your life.

Read More : Economic Factors That Can Impact the Stock Market

Most of the world’s population is asleep to the reality of the world. People generally would have knowledge about a particular subject or topic which interests them the most but not the whole society. To be a trader is to be aware as well. One needs to know about the political, social and economical issues of the country as these all can make big impacts on the market. Being a trader, you see the world from various perspectives and become aware of the butterfly effect and how even simple occurrences can end up making a huge impact on the life we live.

To be a trader is to be unique from everyone else around you who don’t have the guts to follow a risky lifestyle. The majority of humankind are happy working all their lives, barely enjoying it, to make money for someone else. A trader, on the other hand, does not work for anyone else but themselves. They have control over their time, their money and ultimately their lives. They are not mindless sheep following the herd, they are the lone wolves designing their own lives. To be a trader is to live on their terms and that is the true definition of freedom. No profession other than trading can give you this level of freedom.

to know more visit us : www.cubeglobalfx.com

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If I cannot do great things, I can do small things in a great way.  

#forextrader #forextrading #forexlifestyle #cubeglobal #cubeglobalfx #forexsignals #forexmarket

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What are the Hallmarks of The Best Forex Trading System?

Foreign Exchange Market or Forex is one of the most lucrative markets in the world right now and according to statistics, it is going to continue to grow in future as well. According to a report, the forex market is worth well over 1.93 quadrillion dollars and the daily trade volume exceeds 5.3 trillion dollars, which is double the total global GDP. There are over 10 million forex traders in the world, that make the market a more profitable market. Unlike other markets, forex is one of the easiest markets to get into and some brokers give you the option of opening a forex trading account with as little as $100.

All you need to start trading in the forex market is good internet and a working device (Laptops, or even smartphones), and you are good to go! There is one more thing you will need to make profits by trading in forex, which is a good forex trading system. Even if you have an amazing strategy, it might not bring you the profits you are expecting if you don’t have a good forex trading system. Here are some hallmarks that are present in all the good forex trading systems and which can help better your trading skills:

Manual and Automatic Features:  Most forex trading systems are either automated or manual. One of the most significant indicators of a good forex trading system is that they provide both the options to their user, so the system will have manual as well as automated features in it. These options should also be equally matched, in the sense that no option is greater than the other. If the emphasis is put more on the automated aspect, then users lose out on customizing the services they receive from the system. On the other hand, if the forex trading system puts more emphasis on the manual aspect, then users may have to invest a lot more time on the system and may miss out on opportunities and insights provided by the automatic features.

Read More : Forex Trading Strategies That Work

Reputation for success: As it is with all things, good forex trading systems come with a reputation for success. That doesn’t necessarily mean that the trading system should have been around for a long time, multiple forex trading systems have only been around for a short while yet that have proven to be successful tools for their users to gain more profits. Tradeology is one of the best examples of this. It is important to read reviews about a system before investing in it, as it can give you a fair idea of how and why the system worked for its users or if it didn’t.

Easy Interface: Many great forex trading systems will give you all the tools you have been looking for in a system, yet if they are hard to understand and navigate, you’ll quickly look for other options and might even settle for a lesser one. The importance of investing in a forex trading system that is easy to use and understand cannot be stressed enough. This is an especially important factor if one is just a beginner in forex trading. If one uses a simple forex trading system, the trader can focus more on honing their trading skills rather than just trying to discern and understand the trading system. An easy trading system helps in the simple and straightforward understanding of signals and reduces the chances of misinterpretation of these signals, and that can significantly affect your trades.

Read More : Economic Factors That Can Impact the Stock Market

These are some of the important factors to keep in mind while looking for a good forex trading system, and one that should not be discarded just like that, as they can help define your trading career and profitability.

to know more visit us : www.cubeglobalfx.com

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Success is not how high you have climbed, but how you make a positive difference to the world.

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Advantages of Forex over Stocks Trading

Foreign Exchange Market is inarguably one of the most lucrative markets in the world right now. Foreign Exchange Market or Forex as it is popularly known is estimated to be worth over 1.93 quadrillion dollars, which is nearly double the entire global GDP. With more than 10 million people who trade in forex spread across the world, the daily trading volume of forex is estimated at 5.3 trillion dollars- which is almost 52x the daily trade volume of NASDAQ, one of the most popular markets in the world today.

Forex is a one of a kind market as it is equally profitable for seasoned traders as well as the beginners. It is also a market in which anyone can get started in because brokers will provide a trading account with as small an amount as 100 dollars, some provide accounts for 50 dollars even. Essentially, all one needs to trade in forex is a laptop or another smart device and a good internet connection. It is, without a doubt, one of the best markets to invest in this day and age. There are some factors which help in distinguishing forex from other markets, and thus it provides opportunities that you might not find in traditional markets. Below are some advantages that forex trading offers which sets it apart from stocks trading:

Read More : Types of Forex Trading Strategies That Work

Liquidity- One of the biggest advantages that forex provides to its traders is its highly profitable Liquidity. Forex is the most liquid market in the world, according to the Bank for International Settlements. As previously mentioned, the daily trading volume of forex, which is 5.3 trillion dollars, is much more than the volume traded daily at NASDAQ -  considered one the biggest markets in the world. One of the other bigger advantages that Forex offers is high liquidity throughout the day and throughout the world without the constriction of time zones. The reason behind it is this- as one major trading centre is about to end their trading day, another major financial centre starts their trading day. For example, the trading day in New York starts 3 hours before the end of a trading day in London.

Time- Forex, unlike the stock market which has limited working hours in a day, is available 24 hours a day and for the whole working week, i.e. from Monday to Friday end, for trading. This provides immense advantage to those who trade in forex as they can choose and trade at virtually anytime of the day, so it gives them greater flexibility over their trading schedules. This is especially advantageous for people who cannot devote all their waking hours to trading, for example-people with regular 9-5 jobs. Due to this factor of forex trading, beginners who cannot invest all their time to trading, can also start part-time trading initially and then move on to being a full-time professional trader, which is impossible to even be considered in other markets like Stocks.

Read More :  Economic Factors That Can Impact the Stock Market

Leverage- Another big advantage that Forex offers and hard to find in other markets such as Stocks is the option of Leverage. In forex trading, brokers provide the traders with the option of opening positions of huge amounts for deposit of only a small percentage of that position. In this way, forex traders can make big trades without worrying about depositing the same amount of funds to their brokers and also earn huge profits without investing a large sum. So, people without a large trading capital can still get started on making big trading moves.

These are some of the advantages that Forex offers which are hard to find in other markets, especially a traditional one like Stocks.   

to know more visit us : www.cubeglobalfx.com                                                                         

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People who are crazy enough to think they can change the world, are the ones who do.

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Types of Forex Trading Strategies That Work

Foreign Exchange Market, or Forex, is one of the most lucrative markets in the present world. With over 10 million forex traders, the total volume of daily trading in Forex is well over $5.3 trillion and the total market worth is 1.93 quadrillion dollars. Add to it the fact that Forex is one of the easiest markets to get into, and you have got yourself one of the most profitable markets of all time. Nowadays, beginners can start a forex trading account with as low as $100 or even less depending on the broker and the type of account. Additionally, unlike other markets, you also get the opportunity to start with a demo account to practice trading without the risk of losing large sums of money and then moving to a real account.

All these factors combine to make the forex market a rewarding one but there is one more thing a trader needs to truly be making money off of this market - a trading strategy. All traders need good trading strategies that are suitable to them and their goals to make profits in the forex market. Below are some forex trading strategies that work:

Read More :  Economic Factors That Can Impact the Stock Market

Scalping-

As the name suggests, in the Scalping trading strategy, a trader enters and quickly exits prepositions for small profits that add overtime to amount to bigger profits. This is considered one of the most advanced strategies for trading and in this strategy, positions are held for a small time, i.e. a short-term strategy, seconds or minutes, if so, at once. Many top traders use this strategy and recommend using a 1-minutes strategy, in which traders look for a profit of 5 pips and exit the trade within a minute.

Day Trading- Day Trading strategy is another short-term strategy that is highly popular in the world of forex. In this strategy, traders enter a position and exit it before the end of the day. This strategy also works on the framework of small profits adding up to large gains. The main idea behind this strategy is to avoid any overnight volatile changes that can potentially harm the position of the traders. The reason behind the popularity of this strategy is that the risk of losing money is substantially reduced in day trading, even if the profits may be small, at least initially.

Read More : How to Buy Stock: Step-by-Step Instructions

Swing Trading-

Swing Trading Strategy is one of the most popular trading strategies out there. The general population’s stereotype of a trader’s ‘overnight’ success usually stems from the popular examples of traders who use this strategy to achieve huge gains. Swing trading strategy is a long-term strategy in which a trader enters a position and holds it until they find a ‘swing’ or change in the market that is highly profitable for them, and then they exit that position. In swing trading, a position can be held for a shorter or longer duration, but usually, as market changes take place over time, the position’s duration depends on that.

Position Trading-

Position Trading Strategy is a long-term strategy in which a trader enters a position and then exits it when they can make the maximum possible profit on it. This strategy requires dedication and discipline and the extreme version of this is called ‘HODL’ or ‘Holding On for Dear Life’ in which traders will hold on to their positions through any negative or positive upheaval in the market. This strategy is very popular for part-time traders as they can enter a position and exit it according to their schedule while still maintaining a steady job.

These are some basic trading strategies, which when implemented properly, can help all traders become more profitable.

to know more visit us : www.cubeglobalfx.com