Mindblown: a blog about philosophy.

Interest rates are the cost of borrowing money set by central banks to control inflation, regulate economic growth, and promote currency stability. When interest rates are high, borrowing becomes more expensive, reducing spending and lowering inflation. Conversely, low interest rates make borrowing cheaper, increasing spending and higher inflation. Why Are Interest Rates Influential in the…

NFP, or Non-Farm Payrolls, is a crucial economic indicator for forex traders. It reflects the number of jobs added or lost in the United States, excluding those in farming, government, private households, and non-profit organizations. Understanding NFP is vital for traders as its announcement can lead to significant market volatility. Let’s explore what NFP is…

When investing in the stock market, investors must be familiar with specific tools that help them make informed decisions. Fundamental and technical analysis are two approaches to market analysis, each with its distinct methodology. While fundamental analysis determines a security’s worth by examining its intrinsic value, technical analysis focuses on market trends and uses historical…

The hardest part of any experienced trader’s journey is often the early stages of learning the trading basics. Understanding essential tips is one of the most critical steps for those beginning to learn and start working in Forex steps. In this article, we have prepared tips for Forex market beginners to help you enhance your…

The Forex market is one of the most lucrative markets in the world, with an estimated daily trading volume of $6.6 trillion. It is also one of the most accessible markets to invest in, with brokers allowing you to start trading with minimal capital. Moreover, since the Forex market operates 24 hours a day, traders…

Technical analysis is a method that uses price data and charts to decipher market dynamics and predict market movements. This method has a long history in the investment world, dating back to the 18th century when Japanese rice trader Honma Munehisa introduced candlestick charts. Generally, technical analysts try to identify patterns in past price and…

For both beginners and experts, trading cryptocurrencies can be a complex endeavor. With varying opinions on the best way to trade, finding the “right” method can be confusing amidst all the online discussions. In its most basic sense, trading cryptocurrencies means that investors speculate on the price movements of digital currencies to profit from price…

Short-term trading can be highly profitable but comes with significant risks. A short-term trade can last from a few minutes to a few days. To succeed with this strategy as a trader, you need to understand the risks and benefits of each trade. Not only must you be able to identify good short-term opportunities, but…

Short-term trades can be highly profitable, but without careful identification of suitable opportunities, they can also lead to significant losses. Correctly identifying potential opportunities means distinguishing between promising setups and those to avoid. Many traders believe they are skilled at this, but they often get caught up in the moment and rely too heavily on…

The Foreign Exchange market, more commonly referred to as Forex  is one of the largest and most dynamic financial markets in the world, exchanging billions of dollars daily. But how can such a buzzing market be brought into existence? What’s the history of financial markets? This article will seek to trace a path from how…