Selecting the most appropriate amount of leverage for your Forex trading account is an important consideration that needs your full attention.
Many experienced traders can make it look as if Forex is easy. Just as many professional race car drivers make what they do look easy. It takes a lot to be successful in anything.
Whether you are trading Forex or any other asset class, you are using one of two orders types; a Market Order or a Limit Order. Any other order types you may be familiar with are just variations of Limit Orders and Market Orders.
Did your hairdresser spark up a conversation about them buying Bitcoin in November 2017 or did your dad ask you to help open a Coinbase account?
You might think that the hottest topics that divide online trading communities are which indicators and technical analysis setup will deliver the best results. But, in fact, traders usually debate the concept of Forex trading without indicators.
Leverage allows a Forex trader to increase their position size beyond what they’d normally be able to trade, if they were using only their own account size.
The number of winning traders is only 5% of the total. They made their mistakes, gained invaluable experience, and learned how to achieve results.
When developing a new day trading strategy, most likely, you'll find yourself asking whether to use indicators and which ones.
Breakout is the move of an asset above or below a certain level or area. It could be a support, resistance or even a trendline.
When you’re in the midst of the daily grind, the idea of becoming a full-time Forex trader has surely crossed your mind, but is it really the right decision?
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