Did you know that a single economic news release, like the US Non-Farm Payroll report, can trigger instant and significant forex market movements? Understanding forex news impact has become crucial for traders navigating today’s currency markets. Economic indicators, particularly GDP…
The forex market moves an incredible $7.5 trillion daily. This makes it the world’s largest financial market, welcoming both beginners and experts. Many new traders get attracted by profit potential. The stark reality shows 71% of retail trading accounts lose money.…
I lost $10,000 in forex trading before I realized I needed a mentor and accountability partner to guide my way. My trades went downhill because of emotional decisions. That’s when I found what many successful traders already knew – having…
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…
Financial gurus get their market forecasts right only 47% of the time. You’d have better luck flipping a coin! The trading world looks different now. Success doesn’t come from following predictions – it comes from building a solid strategy. Day…
Understanding the impact of major economic news releases on financial markets In the dynamic world of financial markets, major economic news releases play a pivotal role in shaping the ebb and flow of trading sessions. These highly anticipated announcements, which…
In the world of forex trading, mastering the risk-reward ratio is pivotal for optimizing profits and effective risk management [1]. This ratio determines the potential profit compared to the potential risk, directly influencing trading decisions and the overall success of…
Hearing of setting effective stop loss in forex for the first time? , eager to know what it is? The realm of Forex trading is both exhilarating and perilous. Fortunes can be made and lost within the blink of an…