This is a guest post by Pips Dominator
We hear a lot about the benefits of reading expert advisor reviews before you invest in one, but are you able to actually trust them? There are such a lot of different types of bots and different sorts of currency exchange traders, that even if an EA [...]
Author: Forex Outbreak
One of the largest myths of currency exchange or foreign forex trading is the idea that in order to make a large amount of money, you have got to make lots of trades. Traders are spending more and more time online, scared of missing trading opportunities, and bemoaning their luck in the [...]
Originally written by Forex Hippo
Naturally, it is alluring to utilise a demo account in a very different way than we might if we were handling real cash. People frequently leap into demo FOREX trading as if it were a game. The way to learn to do it well is to study and to [...]
Guest post by Oracle Trader
If you’d like to achieve success with online foreign exchange trading, you’ve got to start slow. This is not what most newbs wish to hear. But this is not how it operates. This is partially down to advertising. It is advertising that trains us to need it all, [...]
Post courtesy of Forex Legend
Check out our 5 top tips for beginner foreign exchange trading if you want to see how to earn money consistently with foreign exchange trading. Forex can be a neat way to become your own boss or bump up your income but only if you take the right attitude from [...]
Article from Forex Illusion
What do we need from a fx trading tutorial and other forex courses? Just like with the drivers, knowing how to operate the system is only a little part of our training. Risk management is what’s most likely to preclude us from finishing up in the ditch.
Let us take [...]
Guest post by High Velocity Market Master
In back tests you are not likely to pick up the worst possible eventuality and so most times a foreign exchange trading course will recommend at least doubling the drawdown that you find. In this case that would come to seventy percent so the account would survive. [...]
As a forex trader you clearly want to trade with a great possiblility that you will profit and you wish to minimise the risk. There are plenty of paths to do that – from proper use of stop loss to a good scaling. But one of the most underrated techniques is the diversification. Only a [...]
You’ve read it correctly, the headline says a single currency, not a pair. Most frequently foreign exchange traders concentrate on one currency pair, however they miss plenty of good trading positions on other currency pairs. There is a sweet spot and it is possible to target one currency in different pairs.
One robot creators have made [...]
Check it out: Pip Android
Some brokers are now starting to quote the other major currencies to 5 decimal places. Rationally this should mean that one pip would be 0.00001 currency units, but the potential there for misunderstanding is massive, if a pip would be worth ten times as much with some brokers than with [...]