Learn the basic concepts of effective risk management.
Manage your money to the max.
Risk Management
Bid And Ask Price In The Forex Market
When trading the Forex market, the ask price is the price you will pay when buying a currency pair and the bid price is the price you will pay when selling a pair. The ask price is always the highest of the two quotes.
Spreads In Forex Trading
Often, traders and investors miss the small but MAJOR details before making a decision when purchasing a stock or a certain currency. Forgetting to check the spread on a Forex pair is normal when you see an opportunity and just want to pounce, but the disadvantage is yours and yours alone.
What Is A Trading Edge?
An edge means that over a large sample of trades, a trader will come out with a profit. Without an edge, nobody can make money from the market in the long run.
The above definition is just scratching the surface, there is much more to understand about this concept.
What Is Leverage In Forex Trading?
Leverage is the ratio between the amount invested by a trader and the credit provided by a broker, therefore leverage is a form of borrowed capital that allows a trader to increase their profit potential.
What Is Volatility And How It Affects Your Forex Trading?
In the simplest form, volatility is the rate at which market prices change. Large price movements equal high volatility while small price movements mean low volatility.
Stop Hunts In The Forex Market
It’s not what you think.
This particular topic is a bit taboo in Forex trading for some and a real reality for others. But how can that be? If you’re new to Forex then allow me to disabuse you of the notion that everyone experiences the market the same way.
How Many Currency Pairs Should You Trade?
This is a question that may plague a lot of traders. Some of you might have heard things like “trade all of them” or “trade one until you master it”. These opinions can come from leaders in the trading industry thus leaving some newbies or even intermediate traders in the grey about which route to take. Which answer is the right one? Both…
Order Types In Forex Trading
Forex trading comes with a variety of different orders types, traders need to understand the different types and which options suit their trading approach, here we will be looking at the most common order types used by traders.
The Next Part Of The Forex Journey
Capital, capital, and more capital!!! The main issue when starting to trade and make a living from the markets. You know? To show off the flashy lifestyle with; the cars, the multiple homes, the luxury vacations to the Bahamas or Paris, whatever you fancy really.
What To Look For In Forex Brokers?
According to research done in 2016 by Finance Feed there were 1,231 brokers on the MetaTrader 4 platform, fairly old and some fairly new. This list included only those of retail Forex brokers (non-institutional).
What makes a good Forex broker?