Online Forex Trading

Foreign Exchange trading, also known as Forex or FX trading, has gained enormous popularity in recent years among layman individuals due to the growth of online brokers and the technological development of online trading platforms. With high liquidity, non-stop opening hours 5 days a week, and great opportunities, it is no wonder …

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What is Leverage in Forex?

The high leverage available in the forex market is one of the reasons why so many traders are attracted to this exciting market. However, many new traders still don’t know what leverage is, how it is calculated and what a margin closeout is. Leverage is a loan provided by your …

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What is Forex?

What is Forex? The foreign exchange market – also known as forex or the FX market – is the world’s most traded market, with turnover of $5.1 trillion per day.* To put this into perspective, the U.S. stock market trades around $257 billion a day; quite a large sum, but …

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What is Forex Market?

Getting started The word ‘Forex’ stands for Foreign Exchange. You can also name it as FX or Currency Trading. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. The forex market is an over-the-counter market where currencies are …

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Understanding Leverage in Forex Trading

New traders often start with trading accounts that are smaller in size so as to familiarize themselves with the market, develop trading strategies, and get some experience. However, small accounts that have just a couple of hundred dollars don not enable you our profits. Most often they impede your ability …

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Types of Stop-Losses in Forex Trading

By now, you already know what stop-loss orders are and why they are so important. You should never place a trade without a stop-loss, or you will blow your account sooner when the price goes against you. The forex market can sometimes be extremely volatile, especially during important news releases. …

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Types of Forex Charts

There are different types of forex charts which can help make the reader the understand the supply and demand in the market. The historical price action can easily make the user spot the supply rich and demand prone zones. Reading A Forex Chart Now, it is time to get into …

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Take Profit and Stop Loss Orders In Forex

Understanding Take Profit and Stop Loss When you place a trade in your trading platform, you also specify two values called ‘Stop loss’ and Take profit’. These values tell your broker to automatically close the trade when it reaches either the desired profit or an area beyond which the loss …

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Forex Risk Management

Forex Risk Management Now, we are going to get to a part that is very important in your career – Forex Risk management. You should never forget what we are going to discuss in this section. It is said that more than 90%  traders fail in the market. While there …

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5 Common Forex Trading Mistakes

Trading forex can be a rewarding and exciting challenge, but it can also be discouraging if you are not careful. Whether you’re new to forex trading or an experienced veteran, avoiding these trading mistakes can help keep your trades on the right track. 1. Not Doing Your Homework Currency pairs …

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