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Three Tricks Options Brokers Use to Take Your Money and Simple Way to Avoid this

In earlier years, options brokers used to manipulate price charts – to their benefit. Then financial authorities came along and clamped down on these activities. So brokers found new ways to take money from traders. Well, online platforms are built to make money from traders. But besides legal ways such as spreads, they have a bag of tricks that’s meant to take more money from you and deposit it into their pockets. Continue Reading

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Guide to Trading Using SMA Indicator for 5 Minute Long Positions on IQ Option

The Simple Moving Average (SMA) is one of the most popular moving average tools used for technical analysis. Using a single SMA has it’s drawbacks. The main disadvantage being the resulting lag due to the fact that SMA doesn’t take many previous price points when calculating the average. Using 2 SMA indicators on the same chart however can give you excellent trade entry points. Continue Reading