Forex Basics

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Forex Basics category contains articles about the basic concepts of the forex world: Pairs, lots, pip, spread, slippage, and volume are covered in simple to understand articles.

Traders: How Much Do You Value Your Time?

All traders at the end of the year always take stock of their own trading activity. There is, still, an element that is never...

Forex or Crypto Trading: Which is More Profitable?

Forex and Cryptocurrency markets are very popular. With both traders trade looking to profit from this, but in itself which market is the most profitable? While cryptocurrency is growing, it is quite volatile, even more than the Forex market which makes many wonder which option is the most profitable.

Is it Possible to Trade Forex on Sundays?

If you’re new to forex trading, you may be eager to trade as much as possible, or perhaps you’re trying to figure out a...

How to Explain Why You’re Trading Forex to Your Spouse

If you’re currently married and you’ve just decided to take up forex trading or you’ve recently opened a trading account, you might have a...

Proof That Forex is Exactly the Earnings Opportunity You’ve Been Looking...

Have you been looking to add a little more money to your wallet lately? It’s true that there are several rumors going around about...

The Evolution of Forex Trading

So much has happened since the 90s once the internet started to connect the world. The evolution sparked many new things that unfortunately attracted some of the dangers too. Yet, where there is danger there is a secret, an opportunity uncovered. 

40 Key Phrases About the World of Finance by Robert Kiyosaki

Robert Kiyosaki is an American entrepreneur, investor, writer, speaker, and motivational speaker of Japanese descent. He is the founder, CEO, and majority shareholder of...

Forex Books Recommended by Professional Swing Traders

Everyone who ever desired to become successful trading in the forex market understood how relevant getting proper education is. At times, we may watch...

Five Questions Answered by Forex Mentors

Some statistics suggest that 90% of beginners lose the same percentage of their trading capital in the first 90 days of trading. As it appears, the odds of someone failing right from the start are staggeringly high, which is why a number of newbies decide to enter coaching programs. With a massive quantity of available information and websites where they rate various mentors, we cannot but wonder if this is the path we should be taking ourselves.

Complete Trading Procedure Example (Courtesy of a Professional Technical Prop Trader)

When you start your journey into forex trading, there is so much to know you do not know where to start. The internet is so full of information and yet sources that show you where to go are rare. What is abundant is the marketing mechanisms whose point is to extract more cash out of you, offering education that is otherwise free. You will undoubtedly on your first searches find multiple channels, websites, brokerages, and investment platforms full of attractive numbers and “professional” traders promoting their story as skilled promoters. Very rarely you will find a real example of what a prop trader does practically every day, how a trader’s day looks like. Based on these examples you can mold your own trading strategy or have an overview of what to develop first. 

Professional Technical Trader’s Guide to Increasing Your Odds

General guides on trading outline what you need to have if you want to have a career but will not solve problems every trader...

How NOT to Sabotage Your Own Forex Trades

You are in a trade, you have managed your settings prior to the entry, and everything seems to be running smoothly when all of...

20 (More) Quick Answers to Common Forex Trading Questions

We're back again! This time with twenty more simple answers for very common questions related to Forex trading. If you haven't yet read our...

20 Quick Answers to Common Forex Trading Questions

Without a doubt, the topic of Forex trading brings with it many questions. There are questions related to strategies, brokers, fund management, and much...

Is Forex Trading Legal in India?

When it comes to forex trading rules and regulations, things can get confusing for traders located in certain countries. Residents of the United States,...

Here’s How to Take the Stress Out of Forex Trading

Forex trading can be undeniably stressful at times, especially when the market becomes volatile or if you find yourself on the end of a...

Forex Trading: The Good, the Bad, and the Ugly

Within the last 20 years or so, forex trading has become a popular online financial source that has attracted millions of aspiring traders worldwide....

What You Need to Know About Trading Forex In the U.K.

So, you are currently living in the UK and want to be a forex trader? Great! Wanting to do something is always the first...

Faux Pas That Are Actually Okay to Make With Your Trading

Much like anything in life, trading offers a lot of variety and so there are a lot of different people doing a lot of...

Top 5 Things You’re Forgetting to Do While Trading Forex

Forex trading is a massive beast, there is so much involved in it, you will be forgiven if you were to forget something. In...

How Technology Is Changing How We Trade Forex

The world is changing, technology is changing and so the way that we trade is also changing based on the new technology that is coming out. It is changing and it will continue to change as the world progresses. 

The Best Advice Forex Trading Advice You’ll Ever Receive

We all like a little bit of advice, don't we? The entire point of advice is that it allows us to get better, as...

What NOT to Do When Trading Forex For the First Time

Let’s be honest with each other, we have all made some silly mistakes when we do something for the first time. This is certainly...

The Most Hilarious Complaints We’ve Heard About Forex

There are a lot of people that like to complain about things when it comes to trading. Some of them are genuine complaints, while...

Tips for Increasing Your Forex Productivity

Forex trading can take a long time. In fact, in order to place a single trade, it could take you up to a few...

To People That Want To Start Forex But Are Afraid To...

Getting started with new things is often the hardest step, and it is no different when it comes to trading and forex. People can...

What I Wish I Knew About Forex Trading A Year Ago

One thing that we can all be sure about, hindsight is a fantastic thing. It allows us to look back at what we have...

The Seven Deadly Sins of the Forex Trader

Most of us have heard of the biblical seven deadly sins, but few know about the seven deadly sins of Forex. Part of achieving...

Top 5 Qualities the Best Forex Traders Tend to Have

If you want to make it to the top as one of the forex industry’s most successful traders, you’ll need to learn to act...

Tell-Tale Signs You Need to Get a New Forex Broker

Are you here because your forex broker hasn’t been meeting your expectations lately? If so, then you don’t have to settle. New brokers open their doors every single day and hundreds of options have probably popped up since you first signed up for that old trading account. Finding a new broker can offer multiple benefits, from reduced fees to a wider selection of trading instruments, the chance to make extra money through bonuses, and more. If you’re seriously considering switching, then take a look at our list of tell-tale signs that you need to find a new forex broker.

The Ultimate Checklist for First-Time Forex Traders

Congratulations on your decision to become a forex trader! This self-made career path can really open the door to a lot of financial opportunities...

These Small Changes Will Make a Huge Difference in Your Profits

It’s no secret that every single forex trader wants to make as much money as possible, otherwise, what’s the point? Even if you’re already...

Top 7 Biggest and Most Embarrassing Forex Blunders

When it comes to forex trading, there are a few factors that can make or break your career. Beginners are very prone to making...

Tips for Avoiding Forex Burnout

Has forex trading left you feeling tired, frustrated, and just plain burnt out lately? Some might be under the impression that trading is an...

The Trading Log: Key Component for a Pro Trader

At forex.academy, we understand that a trading record is a decisive component to be successful in Forex. That's why we took the time to create a free trading log on an Excel Spreadsheet. It was designed to present all the needed information at a glance. Here we present its guide.

Myfxbook: The Definitive Guide

What is Myfxbook? How do I create an account? What can I find on this platform? What should I do if I want to...

The Most Interesting Myths and Truths About Forex Trading

There are many myths about Forex that need to be left behind well in the past and here we will tell you exactly what...

Let’s Discuss the Ethics of the Modern Investor

I recently read in a forum an interesting debate about whether there are more speculators or citizens in the economic forums, that just by...

Why We Love Forex Trading (And Think You Should, Too!)

Forex and trading are becoming an ever-popular activity. For many, it is just about making a little extra money on the side, while for...

The Most Pervasive Problems in Forex (#2 Might Surprise You)

From the outside, trading and forex look like a pretty green field, full of people getting rich, and everything going really well. When we...

Tips For Keeping A Truly Helpful Forex Trading Journal

This is being written with the assumption you have looked into forex trading before, and in doing so have come across the term 'trading journal' previously. There is no way that you wouldn't have because any website that you go to that is related to FX trading would have told you to get one, and to get one right from the start. That is just how important these diaries of sorts actually are. 

Forex Pros Do These Things (And You Should Too!)

We forex traders like to look up to those that have come before us and been successful. We do this for a number of...

Even More Frequently Asked Forex Trading Questions Answered!

Our previous question and answer article was so popular that we decided to add another round! What follows are some of the most popular...

What Sports Can Teach Us About Success In Forex

The forex world can seem very isolated as if it is something that you can do with skills that are only used with trading....

The Truth About Why You’re Failing at Forex

There are a lot of traders out there. A lot of them are experienced and a lot of them are completely new. The one...

10 Incredibly Surprising Stats About Forex Trading

Both aspiring and expert forex traders can benefit from learning informative statistics about the forex market; however, you’ll often find a long list of...

You Need to Know These True Pros and Cons of Trading...

If you’ve ever considered becoming a forex trader, you have undoubtedly wondered if it would be a lucrative investment. Forex trading has helped many...

Why It’s Easier to Succeed with Forex Than You Might Think

Those that decide to pursue forex trading fall into two categories: those that go on to make a profit and continue trading, and those that lose money and quit. While everyone hopes to become one of the traders that finds themselves on the path to success, many people simply don’t realize the simple factors that can make you or break you when it comes to trading in the forex market. First, you need to start by understanding the basics of forex trading. 

What You Don’t Know About Forex Regulation Could Hurt You

The forex (FX) market is the largest and most liquid market in the world, with around $5.3 billion traded daily. Day trading is the...

How Can I Ensure Long-Term Success in Trading?

As a Forex trader, you will need to pay attention to important points in charts, adjust specific settings, manage your risk, and maximize your returns as a result. The intention here is to show how you can practice long-term sustainable and profitable trading regardless of your market of choice. We truly want you to have the best opportunity no matter how and when you started to trade for the first time, which is why we are delighted to close this topic with special tips that you can apply today. You will probably want to prepare your notebook and take notes so as not to forget any suggestions or ideas you may have.