Beginners Forex Education

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Educational Articles for Newcomers to the Forex and Crypto World: Forex basics, including structure, assets, a basic definition of the common terms such as lot, bid, ask, price, how prices move, leverage, spread, slippage, basic chart concepts, chart types, timeframes, ranges. Basic money management and position size techniques.

Characteristics of a Successful Forex Trader

The trading plans, strategies, and goals of successful traders can differ widely, but those that are considered successful do share some important characteristics that...

Ask Yourself These Questions if You’re Not Profiting from Forex

All forex traders want to make money, but this is easier said than done. There are a lot of problems you could run into...

Top 3 Steps to Take Before Trading Forex

Starting your journey as a forex trader may seem rather daunting at first. You’ll probably ask yourself where you should even begin, what you...

10 Rules and Principles for Forex Traders

In life, we all have to follow rules whether we like it or not. In the realm of Forex, there are several rules which...

Forex Trader’s Guide to Agricultural Commodities

Agricultural commodities include items that revolve around crops and animals, making them an important source of nourishment for many people and animals in the...

Trading Problems that Will Cut into Your Profits

As a forex trader, there’s a lot to know when it comes to making money… and avoiding the loss of money. Psychological problems, technical...

Useful Tips for Part-Time Forex Traders

One of the biggest benefits of becoming a forex trader is flexible hours, which make it possible to trade part-time while working a full-time...

How to Choose the Best Trading Account

There are a lot of different types of forex trading accounts to choose from. Many brokers have taken to offering multiple accounts with different...

What to Look For In a Forex Trading Platform

Let’s dedicate this article to speaking about Forex trading platforms. In the market, there are thousands of brokers and platforms, and all promise to...

How to Use Rebates to Reduce Spread Expenses

What is a rebate and what do you need the rebate service? How can you go about reducing spread costs? Read our step-by-step instruction for using broker rebates to reduce the costs associated with spreads.

What is a Forex PAMM Account?

You will see that some Forex/CFD brokers, usually the largest, offer a "PAMM Account". What is this type of account? In short, "PAMM" (in...

What is a Forex Carry Trade?

Many trading strategies or systems that we are familiar with, are based or based on technical analysis or indicators. Unlike these strategies, Carry Trade...

7 Things that Successful Forex Traders Don’t Do

We often hear about the habits of successful Forex traders and study what these individuals do on a daily basis. Have you ever wondered...

The Ultimate Guide to Forex Swaps

The Forex Swap can represent (and most of the time does represent) a cost for the trader. As such, you must know what it...

Classic Quotes Relevant to Forex Traders

Often when we think about certain quotes in relation to forex and trading, we are thinking of ones that are solely from those that...

Are You Fully Prepared for Full-Time Trading?

Something that a lot of new and experienced traders aim for is to be able to trade full time, to be able to get...

Signs that you Need to Ditch your Current Trading Strategy

Think back to the beginning of your trading career: did you adopt a trading strategy that was promoted by others, or did you create...

Forex Bonus Types and Scam Avoidance

When choosing a Forex broker, we look at many different aspects of their services, including available account types, deposit requirements, fees, and so on....

Why Consistency is Important for Forex Traders

Many successful forex traders will tell you that consistency is key when it comes to a profitable trading strategy. If you want to bring...

Trader’s Guide to Choosing a Leverage Option

Leverage is one of the main benefits of Forex trading. Leverage is applied as borrowed funds from one’s brokerage, which allows one to increase their trading position. Your deposited amount (margin) would then be multiplied by the chosen leverage in order to make larger profits than what would originally be possible with one’s account balance.

Economic Calendars and Forex Trading

An economic calendar keeps track of important news events and announcements that could affect the movement of a specific asset or the market as...

Quick Start Guide to Exotic Pairs

Currency pairs fall into one of three categories: major, minor, or exotic. Major pairs include the most traded currency pairs and always feature the...

Best Books for Beginner-Level Forex Traders

Once you decide to gain an education in trading forex, the task can become overwhelming, as there is a lot of information out there....

What Is a Recotization in Forex?

When you are trading in Forex, you will come across the term "recotization" sooner or later. While it’s not that common, it can happen...

The Importance of Having a Solid Trading Routine

It is no secret that good habits are very important to most aspects of our lives. People with good dental hygiene habits have fewer...

What is Slippage in Forex Trading?

When you start trading with Forex, you’re flooded with a lot of new terms. One of those you will surely encounter is what is...

What You Need to Know About US Non-Farm Payroll Reports

Among all the regular economic announcements published by governments of major world economies, the most important is the US non-farm payroll report (sometimes called simply NFP) which is published by the United States Bureau of Labor Statistics. The market can react rather violently to these reports and there was a time when trading in these ads was a well-known strategy. Today, however, you often see most of the big players remaining out of the market during these ads.

What is the “Averaging Down” Strategy?

Averaging down or down-averaging is a term that describes the process of buying additional amounts of shares of an asset or financial instrument (such...

Activities That Can Help You Be a Better Trader

Trading can be a long process, it can be draining and it can also be unforgiving. Sitting at a computer for hours on end...

Can You Start Trading Forex With Only $200?

Can you really start to trade Forex with as little as $200? Let's take the short and sweet answer here, yes you can. Many...

Is Forex Trading Easy Or Difficult To Master?

So you want to be a forex trader? Before you start, you may have already come up with an idea of what it is...

Helpful Habits For Forex Newbies

Many new traders come into it not really knowing much about it, they have often seen or heard something about it, something that is...

Can You Make A Living By Forex Trading?

Can you earn a living from Forex trading? The short answer is, of course, yes, the forex markets offer fantastic opportunities with its high...

The Golden Rules of Forex Trading

If we look around the internet we will see a lot of different tips and hints being thrown around, some are pretty good, while...

Forex Trading Is A Scam!

Forex trading is a scam! That is something that you hear thrown about the internet quite a lot. We are here to take a...

Why are Forex Traders Losing Money in 2020?

What are the reasons why the vast majority of traders are losing money in 2020? It’s a pretty interesting question and the answers help you to better understand the market and give you a focus on what you should and should not be doing. Here, we've provided a summary of the most common mistakes seen within the industry this year.

Why is the Interest Rate Important in the Forex Market?

The factor that has the greatest influence on the Forex foreign exchange market is the changes in interest rates made by any of the...

As a Forex Trader, Get Used To Being Wrong

Trading is a game of probabilities, ultimately you will either get something right or you will get something wrong, when we look for trading...

10 Steps To Starting to Trade Forex

Forex trading is complex, there's no doubt about it. However, it is an absolutely fantastic opportunity to get yourself some financial freedom to get...

Achieving a Livable Trade-Life Balance

You often hear the phrase “maintaining a work-life balance” being thrown around by those that have a normal full-time job, or even two jobs....

New Trader’s Guide to MetaTrader5

MetaTrader 5 was released back in 2010 as the successor to the hugely popular MetaTrader 4, it has gradually been gaining popularity and is...

New Trader’s Guide to MetaTrader4

Many traders out there will be considering MetaTrader 4 as the go-to trading platform, one of the most reliable, flexible, and well-supported trading platforms...

Common Problems (and Solutions) For New Traders

The forex markets are complicated, there is a lot of information that is constantly changing, being able to keep up is a challenge, especially...

The World’s Most Dangerous FX Trading Strategies

It is vital that you have a strategy when trading, the strategy is what lets you know how you can get in and out...

Rules That Most Professional Traders Follow

Professional traders are the people that are putting the food on their table with what they make with trading, so they must be doing...

How to Rejoin the World of Forex Trading

Starting again with anything in life can be a bit of a challenge, after all, how can you start from fresh when you already have some knowledge and have most likely already built up some biases within the markets and for certain trading strategies. It can be difficult, no doubt about that, it will take a lot of work too, do you remember how much reading you needed to do, how many websites you had to visit to get the knowledge that you currently have, well we will be doing that all over again.

How to Recover From a Blown Trading Account

The worst-case scenario for the many traders is a blown account, this is where your broker has decided to close all of your trades...

Different Forms of Forex Trading Scams

When it comes to money, the one thing you can be certain of is the fact that there will be some trying to take...

Finding Your Personal Trading Style

An important part of trading and learning to trade is being able to find your own trading style. If you do not and instead...