Category Archives: Forex Basics
Basic Forex Terms You Should Know Before TradingTrading currencies on the foreign exchange (forex) market can seem like entering a foreign land, with its language and customs. Before you start trading forex, it's essential to learn the basic fore...
Learning how to read forex charts is an essential skill for anyone looking to trade currencies successfully. Charts provide a visual representation of the price movements and trends of currency pairs, allowing traders to analyze and make informed tra...
If you're here, it's likely because you want to know the answer to “How long it takes to be profitable from Forex trading?”Just as there's no single path to success, there's no one-size-fits-all answer to the inquiry of ho...
If you're familiar with Forex trading, you've probably heard the saying, "The trend is your friend." This classic advice is foundational, yet it's just the beginning. While following trends can be a reliable strategy, it's c...
Artificial intelligence (AI) is transforming nearly every industry as companies harness the power of "thinking" machines to revolutionize how we live and work. From manufacturing to medicine, AI is making tasks easier and solving unsolvable...
Volatility is a statistical measure that represents the tendency of a market or a security's price to rise or fall sharply within a short period. It's volatility to the 'choppiness' of the sea - sometimes calm, sometimes turbulent. In...
Whether you're an aspiring trader seeking professional-level performance or an experienced trader yearning for an easier way to enhance your existing strategies, copy trading offers a promising solution.Forex copy trading, also known as social tr...
You’ve probably come across the term leverage, at least once. It has a variety of descriptions and in trading, is referred to as the credit given to a trader by their respective brokerage company –a middleman who acts as a bridge between ...
The forex market is one of the world's largest and most liquid financial markets. Traders in the forex market trade more than 5 trillion dollars daily, which translates to more than $220 billion an hour. This opens up many opportunities for exper...
For the past two decades, online retail FX exchange has become increasingly popular. More US brokers offer Forex. It’s not that the industry wasn’t available, but because it was very exclusive. Before the 21st century, only high-net-worth...