When you execute a Forex trade, you are purchasing an amount of currency called “a lot”. The amount of currency in 1 lot depends upon the type of account you have. In a standard account, 1 lot is usually equal to U.S. $100,000. In a mini account 1 lot is $10,000. Forex trading accounts are leveraged, which means you don’t…
For new Forex traders, sometimes it can take a while before you feel comfortable placing real trades, with real money on the line. Make sure that you understand the markets, how to trade the markets, and have a strategy in place, before invest real money. 3 Important Rules To Successful Forex Trading: 1. Key Principles To minimize losses early on,…
This blog post is all about FOREX trading to make money. FOREX trading offers the opportunity to possibly make some big money, so let’s see how it can be done. 5 Expert Tips About How To Make Money FOREX Trading: 1. Learn To Live With/Deal With The Volatility All good FOREX trading systems incorporate volatility into the platform. You can’t…
When you execute a Forex trade, you are purchasing an amount of currency, termed a lot. The amount of currency in 1 lot depends upon the type of account you have. In a standard account, 1 lot is usually equal to U.S. $100,000. In a mini account 1 lot is $10,000. But Forex trading accounts are leveraged, which means you…
To be successful in Forex trading, following the trend perhaps would be among the most popular/useful skills that a trader must learn. History shows that most markets tend to move in a non-trending, or sideways fashion more of the time than they are in a trending mode. So how to trade in non-trending markets. The most popular answer would be…
More and more investors are beginning to discover and start trading on the FOREX, which stands for Foreign Currency Exchange. Forex trading was once available only to the large banks, multinational corporations, governments, and other financial markets and institutions, however, it was de-regulated in 1997, and now anyone may participate. The FOREX market is open 24 hours a day, except…
If you’re looking for a smart, new way of investing your money, look no further than FOREX! Many individuals have turned to FOREX to replace their stock activities and to supplement their income. When done correctly, you can see a big return on your investment. What is FOREX? FOREX is short for foreign exchange. The best way to understand FOREX…
Back during the days when kings thought they had a divine right to rule, they often wanted more money than their parliaments granted them. But most parliamentary bodies didn’t consist of fools. They knew better than to leave the powerful tool of taxation solely in the king’s hands. Without being able to tax to his heart’s content, the king’s other…