Learning the forex market can be done by reading articles, watching videos, courses, etc. But one of the things that you need to look for, is forex books. Reading trading books can really help you to learn forex trading and gain more knowledge of trading strategies. Trading books are known as one of the first […]
Scalp trading style is more different than other trading styles like swing trading or day trading in the foreign exchange market. With scalp trading, you will trade more often by closing trades in a short period of time. As a forex trader when you trade on a shorter time frame, you aim to reach fewer more […]
Swing trading strategy focuses on holding trades for a longer time than scalp trading or day trading. Your trades can take more time to reach your target because, with swing style, the market will move slower. Compared to scalp trading or day trading, with swing trading, you trade fewer trades. But you need to have […]
Scams in forex trading can happen in different methods. And because of that new traders think that forex trading is a scam. When some traders lose money, they try to “blame” the forex as manipulated, scam, etc. Most of the new traders who lose money are new in forex trading. They don’t have much knowledge […]
To trade the forex market, you need to use the trading platform so you can execute your trades. These trading platforms can be different in offering features, options, instruments of trading, etc. The most popular trading platforms are MetaTrader 4, MetaTrader 5, and cTrader. These three platforms offer a variety of tools that besides forex […]
Forex is a global decentralized market where currencies are exchanged for another currency. In a more simplified way, you buy a forex currency pair and exchange it with another currency pair. In the Forex market, you can trade many currencies of major countries such as US Dollar, British Pound, Australian Dollar, Euro, Japanese Yen, etc […]
The forex market offers different currencies of major countries to trade. With a daily trading volume of more than $5 trillion, the forex market has one the largest trading volume of financial markets. Major currency pairs are available to trade on trading platforms offered by the forex brokers. But the current situation of the economy […]
Forex trading requires an understanding of technical analysis to find trade setups in the forex market to trade them. But not everyone has a profitable strategy on the forex market. Some traders are “lazy” to find opportunities on the market because of insufficient knowledge or don’t have much success with their strategy of trading. And […]
Before trading forex with real money on a live account, a beginner in Forex should start first on a demo account. With a demo account, you can trade the forex market without having to risk your money. Forex brokers offer a free demo account or you can trade on a demo account without joining a […]
