Ajaxsurf wins Finance Award from Acquisition International

As the Ajaxsurf Team we are pleased to announce that our website and Forex company was nominated by the Acquisition International Magazine on the finance Awards Category and we are proud to announce to our readers that we have won the award and Recognition.

Under the finance category, we proud to announce we have the following award:

Best Hedge Fund & Forex Trading Company 2023 - Southern Africa

We want to give our thanks to our readers, partners and the website management who ensured that the website becomes a success it is today. our clients, we continue to give them services that will meet their trading demands and continue to render free articles to keep you guys updated

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The Big Lessons We Can All Learn After Causing a Car Accident

Driving is one of those essential tasks that are invaluable, whether you are moving house, you’re running your business, or making a day trip, and most of us cannot get by without a vehicle in our lives. But we take it for granted, and that sense of responsibility behind the wheel can feel somewhat diminished, that is until we end up in an accident. Everybody has been involved in some form of accident, whether a minor scrape or a massive crash, but this is why, as drivers, we can all benefit from the big lessons that arise. 

Know Your Rights 

There are a number of different things that can occur after an accident, and we can be in a great degree of shock, but it's important to remember that we have specific rights. For example, a police officer needs to have a warrant before they can search your telephone.

When it comes to the legalities of any car crash, no win no fee lawyers can provide you with invaluable support, and in addition to this, you also have the right to deny any medical care. When you understand your rights, it puts you in a better position to ensure that if it's something you have caused, everybody can potentially gain a satisfactory outcome. 

It’s OK To Not Get Back in the Car Until You’re Ready

Some people are of the opinion that you should “just get back on the horse,” but to do this requires you to go through a lot of internal processing. If you caused an accident, it is natural that you will think twice in terms of every little decision. You will replay that moment in your head thousands of times, and you will greatly regret what you've caused, which is why you don't need to get back into the driver's seat until you are ready. 

Recovery takes time and this is why it's important for you to understand ways to function without a car in the meantime. Some people may tell you that what you are doing is not going to help you get behind the driver's seat anytime soon, but if you are the person who caused the accident, it's your prerogative to allow yourself the luxury of time. It allows you to process what has happened, and make peace with what has occurred. If we've ever caused an accident, the reality is that we may not be able to get out of the necessity of driving, but we shouldn't beat ourselves up if we feel more anxiety if we start driving after an accident. 

Car accidents could have a wide-ranging impact if we ignore them, which is why counseling can benefit you. But the reality is that in terms of the things that we can learn from car accidents, for example, understanding that you will be shocked, that you should never be afraid to ask for help, and texting behind the wheel is stupid, the reality is that if you escaped a car accident, you've got the gift of life and this is something to be treasured.

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Being a Good Trader vs Good Trades

The majority of traders in this field aim for exceptional outcomes without any planning. It is not surprising because that is what social media has been promising us: quick results, quick money, and a simple existence. But if you've been trading for a while, you might already be aware that winning transactions don't necessarily indicate that you're a competent trader.

I'll explain the distinction between using "good" before the words "trader" and "trades" in this article. A good trader understands that good preparation prevents poor performance, whereas a trader who only concentrates on making "good trades" is only interested in the results and not the setups themselves.

New traders prioritize making "excellent deals," therefore they don't spend the time analyzing the setup's logic. Even if it means imitating another system or signal, they will go to whatever lengths to ensure that they don't miss a golden opportunity. On the other hand, a good trader is driven to advance. They take their time duplicating trades because they understand that good trading habits come before profitable setups.

A trader who is just concerned with making profitable deals is comparable to a boxer who only thinks about competing as frequently as possible. Before entering the ring, the top boxers in the world strive to improve their athletic abilities.

The majority of traders refuse to embrace a harsh reality: trading is not about the market; it is about you. It all depends on your mental makeup, but good trades can be found every day. Technical and fundamental analysis can be mastered, but that is not what sets one analyst from another.

My advice to you is to concentrate on improving your trading skills since successful deals will undoubtedly follow. Making the most of the cards you already have is more important than getting the best cards, in the end.

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Timing, the most important Trading Indicator

warren Buffet once said "The stock market is a device for transferring money from the impatient to the patient"

A skilled trader is aware that making logical choices is the key to excellent entries. Because of this, timing and sniper entries go hand in hand. It is a question of reasonable judgment in this business, and those who don't treat timing with the deference it merits won't be around for very long.

The saying "buy low, sell high" is just one aspect of trading; there is much more to it. Finding the lowest low or highest high is actually a full discipline in and of itself. Timing is not a crucial element for an investor, but for traders, time is actually another signal.

Please allow me to explain so you can grasp what I just said. Instead of focusing on timeliness, investors seek a long- or medium-term profit based on high-timeframe supply and demand zones. Even the dollar-cost averaging approach (DCA) is not firmly linked to the entrance time. Contrarily, a trader must give the timing of a trade top consideration because it will immediately impact your risk-to-reward ratio.

Along with logic, observation, and mental discipline, timing (and a dash of intuition) are developed. In actuality, practicing "timing" is just as important as doing technical or basic analysis. Time should be on your entry checklist because many seasoned traders think of it as a buy and sell indicator.

 

If your trade will succeed or fail depends on how well you time the market. The "timing element" also refers to the precise time at which momentum shifts, as opposed to just that moment itself. Market timing and market cycles are closely related. Timing also involves choosing the times of day when you will place your positions because the overlap between forex sessions can mess with the direction of your daily transaction.

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Recommended ways to overcome Trading Fear

Money is the sole weapon we utilize in forex trading to generate profits. After purchasing one, we get quite thrilled if prices rise. When we lose five in a row, though, the situation dramatically changes. We start to worry that the trading account will blow up at any moment.

Although trading is quite practical, it also gives us a great deal of thrill and joy. But it shouldn't interfere with one's emotions or logical thinking. You shouldn't trade because of emotions. You ought to approach it sanely and intelligently. The fear of missing out persists, though. The time has come to learn "how to overcome your trading phobia."

Long-term exposure to this worry can have detrimental effects on your overall mental health as well as your trading judgments. Expert traders use a few strategies to get over their emotions and fears. The majority of the time, professionals who can manage their fear and emotion succeed.

Create a Positive and Successful Performance

You must acknowledge that 90% of trading success is mental, and 10% is technical. If you notice yourself breathing quickly or feeling down after placing an order, you may be sure that you are anticipating something bad. A bad expectation in your mind can prevent you from thinking logically. You can make a lot of common mistakes while you're anxious.

Does it matter if you think negatively? Even after doing your research and considering advice from others, if you are still anxious, there is a good chance that your decision will turn out poorly. You must get rid of this bad attitude and replace it with a winning expectation if you want to win right away. You should have faith in your ability to trade profitably.

Negative results in a row frequently cause traders to lose confidence. The first quality you need to develop in such a situation is the ability to maintain your composure. Remember your success and the path it took. You'll find a strategy for success in addition to regaining your energy and self-assurance.

Try to pick up and develop some new trading skills

Let's say that things aren't going well for you. What would you do in such a stressful circumstance? Making great trading judgments in such circumstances is challenging since you cannot logically examine everything. This time might be used to discover new trading strategies. A fresh trading approach is always entertaining and has the potential to pay off in the long run.

In trading, there is no set period of time for learning new topics. You can learn about interesting trading concepts like iron condors, how credit spreads work, how to use RSI and MACD indicators, and more, whenever you have the time or decide to make the time.

comprehensive market research

To comprehend the patterns of trades, it's crucial to conduct thorough market research. If you're stuck and unsure of what to do next, it can be emotionally draining. You have some reservations even if you have already placed an order. Do some background study on the subjects you are interested in. To perfect the art and science of trading, regular practice and study are crucial. Join a renowned online trading academy to receive professional assistance and training resources if you are unable to handle the greatest guidance on your own.

Make a list of the things you initially heard and found difficult to understand. Following that, choose the subjects you must master first based on your trading needs. The trading list should be regularly and methodically updated rather than expanded. It is impossible to become an expert in trading in a year because it is such a large field. For a long time or during your entire trading career, you must go slowly and steadily. Learning never stops in the world of trading.

Stick to paper trading while you learn.

You will acquire new techniques on your own as you regularly learn new things. You'll want to put your just acquired methods to use. But there will undoubtedly be some skepticism. These uncertainties may cause you to trade concerns and allow your emotions to take control of you.

Therefore, you can activate paper trade before deploying it in real whenever you create a new strategy and want to deploy it or wish to utilize a new indication. Although paper trading is far from perfect, you will undoubtedly find a controlled environment here. You will discover how to enable comfortable envelope-pushing with trades without endangering your funds thanks to the controlled atmosphere.

Analyze 5 brand-new charts.

When it comes to overcoming your trading phobia after several losses, experts advise looking at fresh charts to gain insights. Many traders frequently develop strong emotional ties to the stock, ETF, or any other product they trade. They devote many hours to raising them and maintaining their hope. Having optimism in everything might have negative effects. Therefore, it is always preferable to look up five fresh charts for businesses to which you do not have a strong commitment.

Following the completion of the list of charts, you should thoroughly examine each one and formulate arguments for buying or selling. You'll be able to achieve objectivity if you do this.

Learning new abilities is difficult, but it's necessary because the trading market is so complicated. Being a good trader requires frequent, effective, and consistent work. These steps are designed to help you become reliable and wise.

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How to choose a Forex Broker

When looking for a forex broker, there are many factors to take into account and a vast array of possibilities. How do you determine which broker is right for you? How can you be certain that your broker is trustworthy? The top 5 important things to look for in a broker are listed below!

Trade with a Regulated Broker

A broker who is regulated is one who is continuously under federal and local government scrutiny. Regulation makes guarantee that your financial transactions are generally secure. Without regulation, a broker is allowed to handle your money anyway they see fit. As a result, you might experience greater difficulties when attempting to deposit or withdraw money.

Select a Forex Broker with reasonable transaction cost and swaps

Forex brokers earn their living by taking a tiny bid/ask spread on your deal or by charging fixed rate commissions. Spreads and commissions are comparable, but spreads have a little more flexibility and can change in size depending on the liquidity of the market. Spreads increase during slow trading hours while decreasing during busy trading hours.

Be sure to read both the broker's website and the online reviews while researching brokers. Seek out any details regarding what the broker has to say about their own spreads and commissions. Be aggressive in this area and search out the best spreads and commissions that other brokers are offering.

Pick a broker who allows simple deposits and withdrawals

In the end, it doesn't matter how successful your trading account is if you can't get your money out. You want your broker to make it simple for you to deposit money into and withdraw money from your account. In contrast to unregulated brokers, a well-regulated broker will typically have a fairly smooth experience with this.

Select a broker that offers trading platforms that are competitive

What trading platforms and tools a forex broker offers should also be considered while making your decision. Make sure your broker is supplying platforms that are both competitive and compatible with your preferences. Check out the tools they provide traders on their website as well.

Select a forex dealer with a Good Customer Service

Finally, and perhaps most importantly, you want to confirm that your broker offers first-rate customer service. You want to have faith that your broker will give you quick access to support when dealing with financial concerns. You may get a sense of how dependable a broker's customer assistance is by reading reviews and contacting their customer care.

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