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Category Archives: Forex Basics

Long-term vs. short-term trading

While coming up with a trading strategy, one of the most important questions you will have to ask yourself is how long you’re going to be holding your trades. Some traders can hold on to positions for weeks, even months, while others prefer to offloa...

Forex Basics

Can you quit your job to become a full-time Forex trader?

We’re used to hearing stories about hedge fund managers, private equity managers, and investment bankers who are millionaires and even billionaires, but what about Forex? You might be surprised by the fact that there are a lot of Forex traders who ar...

Forex Basics

Most common questions Forex traders ask

All through the year, we’ve been getting plenty of questions on various aspects of Forex trading, and we’ve noticed there are some common questions we often get over and over. So, we sought to settle these common questions by answering them in this a...

Forex Basics

Comparing MetaTrader 4 and 5: MT4 vs. MT5

MT4 vs MT5 Comparison - Which Metatrader Trading Platform is Better? The Forex market is the largest market considering the volume of trades, about $5.3 trillion in a single day. Amazingly, though, retail traders account for only 3.5% of this trading...

Forex Basics

Forex trading using COT reports

No one indeed knows what might happen tomorrow, or how every other trader in the world feels about a particular currency, and there are millions of traders. Yet Forex trading is all about making speculations about future trends in the financial world...

Forex Basics

Forex Market Sentiment Indicators

Have you ever been told not to be afraid of being different? Being the odd one out can benefit many areas of life, but it can be deadly while Forex trades. As a Forex trader, you want to avoid going against the tide - this is one field where crowd ps...

Forex Basics

Lessons on self defence: Forex scams

In any form of business or investment, you have to be careful not to fall for a scam or con that rips you off your money. The easiest way to check if an investment option is legal is to simply check whether the company is registered and perhaps get a...

Forex Basics

Types of Forex trading accounts

Whenever you’re choosing a Forex broker, the decision is often difficult because of the numerous types of accounts on offer nowadays. It’s remarkable, when you think about it, that we have come from a time when the Forex industry was so limited until...

Forex Basics

All You Need to Know About Pivot Points

After reading through various Forex training materials, including this website, you will likely face the term ‘pivot points.’ By now, you may already know a little about what they are. For anyone who still doesn’t know exactly what pivot points are,...

Forex Basics

How to Complain Against a Broker: Full Guide

Did you know that in 2023, the Financial Industry Regulatory Authority FINRA received 11,003 investor complaints, resulting in $88.4 million in fines? That’s not all. As a matter of fact, five firms were expelled and four were suspended due to a lack...

Forex Blog

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