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A Beginners Guide to Forex

Forex 101: a Beginners Guide to How It Works (businessinsider.com)

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What is a Forex Robot and its Pros and Cons ?

A forex robot is forex trading software that automates trading decisions. The most popular robots for retail traders are built around the MetaTrader platform. These robots run on MetaTrader as "expert advisers" and they can do just about anything, from giving you a signal to place a trade, to placing and managing the trade for [...]

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Suitable Long-Term Approach for Forex Trading

Forex traders can broadly be classified into two types: long term and short-term traders. While trading style depends on a trader’s personality type and risk appetite, most forex traders usually prefer and apply short term trading strategies in the market. In light of this, and the damning statistic that less than 20% of traders achieve success in [...]

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Best Ways to Overcome Forex Trading Boredom

Nobody is immune to trading boredom. Newbie and expert traders alike can find themselves bored with trading when there’s very little movement in the markets or when they feel that their trading routine has become monotonous. Here are tips on how you can avoid making classic mistakes when you’re bored with price action:1. Remind yourself that [...]

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What moves currency prices in Forex Markets?

Forex trading can offer many different benefits to traders – but to make the most of the available opportunities, you first need to learn what moves currency prices. Here are six of the biggest factors behind forex price movement.Supply and demand The key driver of forex movement is supply and demand. If demand for a currency [...]

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Forex Trading Without the Forex Risk

It’s the world’s largest market, by far, with $3-5 trillion traded every day. Traded 23 hours a day in financial centers around the globe, the currency exchange markets truly never sleep. It’s no wonder individual traders have flocked to the opportunity of near round-the-clock liquidity and variety. Currency trading was long the exclusive province of institutions. [...]

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4 Basic things for beginners about Forex Trading

You don’t have to be an expert trader to use Forex, also known as foreign exchange or currency trading. If you’ve vacationed in Europe and exchanged U.S. dollars for euros, then you’ve participated in Forex. Today, trading with Forex has become common. Explore the following four key points beginners need to know before getting started.Virtual Trading Accounts If [...]

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Top 2 Truths About Forex Trading

In keeping these two “truths” about forex trading in mind all the time, you can be able to gain a psychological edge and cope with losses better. Here’s what you should always remember:1. Expect the unexpected Face it. No matter how much effort you put in your analysis, you still won’t have a hundred percent accurate [...]

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