YoYo’s Academy

10 Avoidable Mistakes Forex Day Traders Make

The foreign exchange market (forex) has a low barrier to entry, which makes it one of the world's most accessible day trading markets. If you have a computer, an internet conne

24.06.2021 15:03:32

How to Day Trade Pre-Market Futures

Experienced day traders will often trade futures in the pre-market and continue to trade after the market officially opens. Trading in the pre-market isn't required, but since

23.06.2021 15:01:15

Why You Should Ignore Fundamentals When Day Trading

Whether you day trade forex, stocks or futures, don't get distracted by fundamental analysis. While fundamentals are relevant to long-term investors, day traders will likely fi

21.06.2021 16:06:21

Should You Hold a Day Trading Position Overnight?

Key Takeaways Generally, it's very risky to hold day trades overnight.Even with a losing trade, it's usually better to close out and start fresh with new trades the

21.06.2021 14:16:40

How to Become Amazing at Day Trading

01Create a Trading PlanBefore a single real dollar is put at risk, a trader needs to have some idea of how they will make a profit. The steps that will be taken to att

18.06.2021 15:54:34

How Much Capital to Risk in a Stock Trade and How to Control Risk

Key TakeawaysAs a general rule of thumb, many traders don't risk more than 1% or 2% of their capital on any given trade.Traders must have the discipline to exit trade

17.06.2021 17:09:46

Understanding the ISM Non-Manufacturing Index

KEY TAKEAWAYS The ISM services survey is part of the ISM Report On Business—Manufacturing (PMI) and Services (PMI).The ISM surveys non-manufacturing (or services) fir

15.06.2021 10:56:24

What is Non-Farm Report?

KEY TAKEAWAYSNon-farm payrolls (NFP) are an important economic indicator related to employment in the U.S.Understanding this data release can help set up forex trades

15.06.2021 10:35:20

How the PMI Affects Economic Decisions?

KEY TAKEAWAYSThe Purchasing Managers Index (PMI) is a measure of the prevailing direction of economic trends in manufacturing.The PMI is based on a monthly survey of s

11.06.2021 17:37:14

Predict Inflation With the Producer Price Index (PPI)

KEY TAKEAWAYSThe PPI measures inflation from the perspective of costs to industry or producers of products.Because it measures price changes before they reach consumer

11.06.2021 16:15:55

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