Lot Size in Forex Many amateur traders are unable to manage their risk properly especially when they select the wrong lot size for their Forex trades. One of the reasons why a new trader will lose a great percentage of the trading capital is because of the wrong choice of […]
Fundamental Analysis in Forex Trading
Fundamental Analysis Fundamental Analysis is a very important tool that professional traders use in Forex trading. It is the careful study of the economic, political, fiscal and social factors that affect the value of the currency of a country. However, the general economic outlook of the country related to the currency […]
The Bull and the Bear Markets: Market Sentiments
Bull and Bear Markets The bull market is a market where traders buy a currency against another while the bear market is where traders sell a currency against another currency. A bullish Forex market price structure signals strong buying momentum, higher highs, and higher lows, helping traders identify trend continuation, […]
The Market Price: Forex Currency Price
The Market Never Stops Forex market price ticks constantly fluctuate during trading sessions, reflecting liquidity and volatility. Traders analyze tick movements for precise entries, scalping strategies, and real-time market trend insights. The market price is dynamic. It never stops (except when the market is closed). Price quote for currency pairs […]
Do’s and Don’ts of Forex Trading
Money Management in Forex Trading
Money Management Money Management is a major problem for new traders. It is an important factor that separates a professional trader from an amateur. Proper money management in Forex trading involves calculating pips profit accurately, setting risk-reward ratios, and using stop-loss strategies to maximize gains while minimizing losses effectively. However, […]
The MetaTrader Platform: Forex Traders’ Office
The MetaTrader Platform MetaTrader (MT) is the application or platform that most traders use when trading in the Forex market. Traders normally obtain MT login details after signing up with a Forex Broker. Basically, traders usually download the application online or from a broker’s website. However, we have MT4 and […]
Recommended Forex News Websites
Forex News A forex trader needs a forex website where he or she can check for forex news, updates, tools, and analysis. Forex websites are regularly checked for updates that that guides traders with Fundamental analysis. Basically, a forex website must be able to give online real-time updates on market data, […]
Risk Management in Forex Trading
Recommended FX and VIX Brokers: Deriv, Exness, Alpari and Forextime
Recommended Forex Brokers Basically, to trade in the Forex Market you must first sign up with a Forex Broker. There are lots of Forex Brokers out there that offer good service to their clients. However, their services include tight spread, number of currencies traded, partnership features and so on. For the […]
