Tag Archive For "forex brokers"
How to Choose the Best Forex Broker for You
Everyday more than four trillion dollars is traded with foreign exchange market accounts like forex, making it the biggest financial market in the world. Since there is not a central marketplace in the forex market, most traders need to have a forex broker to conduct most trading activities. As the amount of forex brokers is …
How to Manage Losses in Trading
As you get started in trading, you will need to develop a way of managing stress levels and losses. Of course, you chose trading to make profits and grow your invested capital. But as you know, each market comes with a level of risk and uncertainty. Although you can make educated guesses based on calculations, …
5 Tips to Become a Professional Forex Trader
Trading can result to large losses to any undisciplined and inexperienced forex trader. Even though, forex trading is relatively easy. It involves exchanging one currency for another. However, you need to have discipline and skills to become a professional trader. You also need to choose the right forex broker to help you in your journey. …
Top 3 forex accounts for scalpers
Recently you have asked us a lot about the best forex accounts for scalping strategy and which brokers would we recommend. We have a lot of feedbacks from our traders who follows scalper strategy, so we have a nice insight on this subject. The most of the scalpers have the best experiences from three brokers, …
Forex Risk and Money Management Part 2.
In the Forex Risk and Money Management Part 1 you could read about the types of risks and now in the Part 2 you will learn how to manage the forex risk and variance properly. If you have not read the first part yet, I recommend to start with that, then continue with this article. Trading …
Money Management in Forex Risks – Lesson 1
Why is Money Management important in forex? The right money management is simply the most important factor in becoming a successful trader. Either beginner or professional trader you are, you have to follow some rules to preserve your trading capital. And the most important is: if you have a prudent risk management, then it is …