In a business in order to make profit one must learn how to manage risks. To make profits in trading you need to learn about the various money management strategies. When it comes to trading, the risks to be managed are potential losses. Using money management rules will not only

  To begin trading foreign exchange currency, you need to first find a reliable Forex broker. A broker is a company that provides traders with access to a trading platform that enables them to buy and sell foreign currencies. Below is the difference between forex brokers Range of Trading Instruments

Learning how to identify support and resistance trend lines is arguably one of the most important aspects of trading, and the first thing any aspiring trader should master. Support is a price level where a downtrend can be expected to pause due to a concentration of demand. When the price

Chart patterns are a crucial part of the Forex technical analysis. Patterns are born out of price fluctuations, and they each represent chart figures with their own meanings. Each chart pattern indicator has a specific trading potential. As a result, Forex traders spot chart patterns to profit from the expected

Candlestick charts are arguably the oldest type of charts used for price prediction and it all started in the 1700s when Homma Munehisa in Japan became a legendary rice merchant for predicting rice prices using Candlestick Charts. Candlestick chart patterns are exceedingly popular in Forex trading because of their dynamic

In the investment sector, scalping is a phrase used on a daily basis to describe the “skimming” of small profits by going several times a day in and out of positions. In the forex market, scalping means trading currencies based on a real-time research package. By buying or selling currencies

When it comes to money making, you’ve certainly heard the expression “You have to speculate to accumulate,” but what is forex speculation? Forex speculation refers to the purchasing and sale of currencies with the goal of making a profit, even though there is also a large risk of losing value.

The global forex market is the world’s largest financial market, and foreign exchange traders of all levels are drawn by the opportunity to reap profits in the arena: from greenhorns only learning about financial markets to well-seasoned professionals with years of trading experience. Since market access is easy, with round-the-clock

Electronic Communications Network (ECN) An ECN broker is connected electronically by means of a network to international banks and other liquidity providers. If the forex traders trade via an ECN platform, it can be said that they are connected to the international currency market and are trading in real time.