Did you know that $6.6 trillion changes hands daily in the forex trading market, yet 95% of traders lose money consistently? Whether you’re just starting out or have some trading experience, mastering forex trading strategies is the key difference between…
The Reality of Forex Trading Success Rates The foreign exchange (forex) market attracts countless traders with its promise of substantial profits and financial freedom. However, beneath the allure lies a sobering truth encapsulated in what’s known as the “90% rule”…
Did you know that 95% of forex traders lose money? However, a small group of successful traders share one common trait – they’ve mastered support and resistance trading. Whether you’re watching price bounce off a key level or break through…
Image Source: Unsplash In forex trading, a lot size refers to the quantity of currency being traded in a single transaction. The lot size is a standardized amount of currency that is set by the exchange, and it determines…
Image Source: FreeImages The world of forex trading can be quite confusing and technical, especially for beginners. One term that you will frequently hear in forex trading is drawdown. Simply put, drawdown is the difference between the highest point…
? Image Source: FreeImages If you’re new to the world of forex trading, you might have come across the term “leverage.” Leverage is a powerful tool that allows traders to magnify their profits by borrowing funds from their broker.…
Photo by PIX1861 on Pixabay Introduction to Day Trading Forex Are you new to the world of Forex trading? Or perhaps you’re looking to make a side hustle by trading the markets? If so, you may be wondering…
Forex, or foreign exchange, has been around since the beginning of banking. forex resembles how banks used to handle money: deposits were made by giving checks and savings accounts, and withdrawals were made by crediting a customer’s checking account.…
Everything You Need To Know About Drawdown In Forex: A Beginners Guide Image Source: FreeImages The term drawdown is commonly used in the world of forex trading. It refers to the rate at which your account loses value over…
The Definitive Guide Intra-day trading in the forex market is the process of buying and selling your positions during the same trading day. This involves you placing limit orders at different prices to buy and sell your currency positions at…