Margin trading in the forex market involves placing a good-faith deposit with a broker to open and maintain currency positions. This margin is not a fee or a direct cost; rather, it is part of the account balance that is segregated as collateral for the trades. The required margin varies depending on the brokerage firm …
Many newcomers to the forex market dive in headfirst. They keep track of various economic calendars and trade voraciously with each data release, seeing the 24×7 forex market as a flexible opportunity to trade day and night. However, this approach can swiftly deplete a trader’s funds and exhaust even the most persistent participants. In contrast …
Bill Williams, a trailblazer in market psychology, created the Alligator indicator, a trend-following tool based on the idea that financial markets and specific securities only trend about 15% to 30% of the time, spending the remaining 70% to 85% moving within sideways ranges. Williams held the view that most profits for individuals and institutions are …
Forex trading might seem like a path to riches for some, especially when stories of massive profits surface. But before embracing visions of wealth, it’s critical to understand who stands to benefit from this form of trading. Typically, it’s hedge fund managers with substantial resources or exceptionally skilled currency traders who find success. For most …
Trading in commodities and forex are two different things. In commodities trading, you deal with real things like coffee, cocoa, oil, and gold. Forex trading, on the other hand, is all about currencies, so you’d be trading things like euros, dollars, and yen. Both trading styles use some of the same strategies and ways to …
The forex market is the biggest and most active financial market in the world, where people trade trillions of dollars every day. If you want to be successful in trading in this market, it’s crucial to understand how it works and how to handle the risks involved. There are several different methods to study the …
What Is the Best Method of Analysis for Forex Trading? Read More »
The Forex market is a global platform where people from all corners of the earth come together to exchange currencies. It’s open for trading all day and night, from Monday to Friday, and boasts an impressive daily trading volume of $6.6 trillion as of 2019, making it the world’s largest financial market. For those new …
Putting your money into the forex markets means swapping one type of money for another at an agreed-upon rate. It is why currencies are priced relative to one another. The term “forex spread” refers to the gap between the price a forex broker is willing to purchase a currency and the price at which they’re …
What is the spread in forex and how do you calculate it? Read More »
Price action refers to the behavior of a security’s price over time. It’s typically examined by looking at the price changes that have occurred in the near past. Price action trading strategy is a method that enables a trader to interpret the market and make independent trading choices based on current and real price trends, …
Many young people today aspire to make a living through trading. It offers the freedom to set your hours, make your own decisions, and chase your own goals. Plus, with a good internet connection, you can work from virtually anywhere. What else could anyone want? However, if forex trading is your primary way of earning, …
