Read reputable books. To obtain theoretical knowledge which is important to understand the financial markets. Join as many groups as you can and start a conversation. What is leverage in Forex trading In a simple word, leverage is a kind of loan that a broker gives you. When your account
1)Forex Trading is easy to learn Some people will tell you that forex trading is easy or that making money out of forex market is easy. They will tell you that all you need to do is to learn a system and follow the rules. At first glance it seems
“There are many potential bad actors in the space, and it is a prime atmosphere for spoofing, ghosting and/or front-running,” says Braden Perry, a regulatory and government investigations attorney with Kennyhertz Perry LLC, based near Kansas City, Missouri. Spoofing and ghosting When a trader try to manipulates the market by
Forex is the largest, most liquid market on the planet. That size and scope creates unique challenges regarding market regulation. How do you regulate a market that is trading 24 hours a day, all over the world? There is no centralized body governing the currency trading market; instead, several governmental
In forex trading, currencies are always quoted in pairs – that’s because you’re trading one country’s currency for another. The first currency listed is the base currency The value of the base currency is always 1 The Bid and the Ask Just like other markets, forex quotes consist of two
Breakout Identify when a trend might be forming.When consolidation happened, markets sometimes range between bands of support and resistance. A breakout is when the market market moves beyond the boundaries of its consolidation, to new highs or lows. Usually breakout will occur first before a new trend occurs. Therefore, seen