The forex trading world reveals a shocking truth – 70-90% of retail forex traders lose money or can’t maintain steady profits. These numbers raise questions about the real difference between gambling and trading. Both carry risks and potential losses, but the story…
The African forex trading scene has grown into a powerhouse that now boasts 1.3 million active traders across the continent. Asia currently dominates the global market with 3.2 million traders, while Europe follows with 1.5 million. The African market has emerged as…
Africa’s forex trading has seen incredible changes. The continent now has over 1.3 million active traders. Young people between 18 and 25 have helped push this number up by 450% in just two years. The market statistics are remarkable. South Africa…
Prop trading firms have changed significantly in 2025. Traders just need capital access without risking their own funds. Our team tested the market’s most promising firms with $50,000 of real money to see their progress firsthand. The data speaks volumes. FundingPips…
In the dynamic world of forex trading. Understanding the concept of support and resistance is crucial for navigating the ever-changing market landscape. These levels act as pivotal points where the price of a currency pair encounters potential barriers. Either halting…
Did you know that risking just 3% of your capital per trade could be the difference between success and failure in forex trading? Indeed, the 3-5-7 rule has emerged as one of the most effective forex trading rules for managing risk…
Introduction to risk management in forex As an experienced trader, I understand the importance of risk management in the ever-changing landscape of the forex market. Navigating the turbulent waters of currency trading requires a solid grasp of risk management strategies,…
Top prop firms are offering unprecedented funding opportunities in 2025, with firms like FTMO providing up to $400,000 and My Forex Funds extending their funding to $600,000. These numbers represent significant profitable trading methods opportunities for traders willing to prove their skills.…
Candlestick patterns trace their roots to Japanese rice trader Munehisa Homma from the 1700s. These powerful technical analysis tools have guided traders to identify potential market movements for more than a century. Some patterns prove remarkably accurate with 82% success rates…