XAUBOT Blog
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5 Common Mistakes to Avoid in the Prop Challenge
If you are able to successfully pass the prop challenge of a good firm, you can become a prop trader and trade with a great amount of capital. This way, you

Beginner Tips for Passing the Prop Challenge
One of the most professional methods to get more capital is through prop trading. In this form of trading, a prop firm will provide you with the capital to trade.

How to Manage Risk When Using Expert Advisors for Forex Trading?
Before we take a deep dive into expert advisors risk management, we need to first take a peek into the functionality of expert advisors? How do they work? Can they have

Understanding the Difference Between Trending and Ranging Markets
If you want to be successful in the forex market for the long term, you need to be able to read the market. You need to understand the behavior of

How to Use Machine Learning in Your Trading Strategy?
Machine learning is the process of feeding an AI system data and then have it analyze it, learn from it, process it, and act according to that data. This whole

The Role of Artificial Intelligence in Forex Trading: Can AI Replace Traders?
There has recently been a report by the UK Department of Education saying that between 80% to 90% of all students in Britain use artificial intelligence for their homework assignments.

RSI vs MACD: Which Indicator is Better for Forex Trading?
In order to be successful in the forex market in the long run, you need to be able to have the tools to correctly and dependably predict market movements and

The Important Steps of Forward Testing in Trading
Algorithmic trading plays such an important role in all financial markets, including forex, that such markets are basically defined by algorithmic trading. Why do we say that? Well, it’s simple.

The Role of VPS for Forex in Automated Trading
In the world of forex trading everything is moving so fast. This is a crucial aspect of almost any financial world. If you, or any part of your trading process,