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How forex works and why trade forex
Leverage, volatility, lots, margins, and the list goes on. Keeping up with all the trading jargon makes it almost seem like the forex market is not worth the hassle. But fear not, to make your trading journey a little bit easier, we are going to break down the so-called tricky concepts of forex.
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What are the basic forex trading terminologies
Though forex is a game of chances, your understanding about the market and basic market terms make it more convenient to analyze and trade. A focus on understanding the macroeconomic fundamentals driving currency values and experience with technical analysis helps forex traders to become more profitable
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What are the Market Hours in Forex Trading
After going through what, why, and how, naturally the next pertinent question is when to trade forex. Since the Forex market is the largest financial market in the world, trade is not limited to a single central location.
The forex market is available for trading 24 hours a day around theDeepti Gopimohan -
What moves the forex market?
Staying on top of the latest financial news is one of the oft-repeated trading tips. And there is a very sound reason behind it. As the forex market is comprised of currencies from all over the world, there are a lot of factors that make the market move.
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Why Forex Trading Makes a Better Comfort Zone than Stocks
Many of us know the fact that trading is a game of uncertain results. However, when we adhere to strict rules and guidelines, we reduce the chances of the uncertainty of our trades and increase our probability of success.
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Why a trading plan is a necessity?
Having a plan in life is certainly beneficial. But when your every decision can have real monetary consequence, like in trading, creating a plan is a necessity.
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All you need to know about keeping a trading journal
Just started trading? Then trading journals are your new best friend. Being a trader doesn’t come easy, you need to have patience, discipline and drive to achieve that. And keeping a journal is a crucial step in becoming a disciplined trader.
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Understanding the tenets of forex market analysis
We have already been through market movements, forex hours, trading journals and the whole lot. But how exactly does all this information resonate in your trading?
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How to use stop-loss and take profit in forex trading
Everyone’s goal while trading is one and the same – to reap profits. But, alas, the road to the destination is not so straightforward. One of the major tips that every trading site will tell you is to have a proper risk management strategy. While trading, cutting down losses is just as important as making profits.
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How to trade Forex with lower leverage
Using leverage in trading can definitely raise the stakes. But borrowing capital to increase one’s trading position may sound brilliant in theory, the reality is not so flattering. The amplifying effect of leverages works both ways. Although it’s true that leverage can increase
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