What is Drawdown
A Drawdown refers to when an investment or trading account has declined from the peak before recovering back to the peak (back to balance).
Correlative Negotiation - Using Correlation to your advantage
Measuring correlation of currency pairs in the forex market and how to use positive correlation when analysing your trades.
Correlation between different currency pairs
Currency correlation happens when the price of two or more currency pairs moves together in the same or opposite directions.
How to analyze the trading performance of an account with MyFxBook
How to perform an account analysis from a potential investor's point of view.
What is Myfxbook and how to use it
MyFxBook is a platform that is used as an online automated analytical tool for your forex trading account.
Profit Factor - What it is and how it is calculated
When evaluating trading strategies, we are aided by many different types of measures of a strategy's performance. One of the most common is the profit factor.
Analysis of Major Currencies in 2020 and Expectations for 2021
2020 was a year of great volatility for the Forex Market. This turbulence was mainly caused by the economic impact of the Covid-19 pandemic
Why it is important to invest at any age
When you want to start learning about investing, find a professional to discuss your finances and the best way to get started.
What are the best days to trade Forex?
What are the best days of the week and the best time to trade Forex? Analyze the full week of trading in detail...
Bitcoin, what is it and what is it used for?
What is Bitcoin? Why is Bitcoin useful? What is a Bitcoin Exchange? What is a Bitcoin Wallet? Problems and Limitations of Bitcoin? In this article you can find the answer to these basic questions about the virtual currency that promises to revolutionize the financial world as we know it.
What is the Economic Calendar how to use it
Economic calendar is one of the most important tools for any forex trader. Learning how to use economic calendar is absolutely necessary for anyone who wants to trade on forex market or any financial markets.
What is Forex Scalping
These types of trades are usually only held for a few seconds to a few minutes. The main objective of scalpers is to get small amounts of pips as many times as possible throughout the day and especially during the busiest times of the day.
Reasons Why All Traders Should Use Forex Copy Trading
In a world that has now become more connected than ever, it is not surprising that Forex traders are sharing ideas and information. Copy Trading, which is essentially the act of one trader copying the trades of another, is not a new idea. However, it is an idea that has taken a few years to perfect and deliver to the trading community.
Economic Indicators You Should Follow as a Forex Trader
beginner trader, do not know what the most important events are or where to find them.That is why we have chosen the most significant events that you should follow as a Forex trader to predict the behavior of traded currency pairs.
How is the spread on the Forex market calculated?
One way of looking at the trading structure is that business is conducted through intermediaries who charge for services. This charge, the difference between the bid and ask price for a trade, is called the spread.
How to activate notifications in MetaTrader
Receiving notifications about your trades is very useful, however not everyone has notifications enabled, many because they don't know how to do it. Notifications are especially useful for users of our services.
Key Indicators of Chart Reading
In keeping with the idea that simple is best, there are four easy indicators that you should become familiar with using one or two at a time to identify trading entry and exit points.
Long Vs Short Position
If you are new to the Forex market, chances are you have heard in articles or forums that a particular trader is either long or short on a particular currency pair. If you don't know what those terms mean, this article will help to clarify that doubt.
What are Swaps on Forex?
When you start investing in this financial market you need to take into account other important aspects besides choosing a good forex platform and a reliable broker. Those aspects to take into account are the additional costs you have to pay for leaving open positions from one day to the next.
How do brokerage houses make money?
When trading Forex, most people do not think about how brokers make money. However, this is a fundamental thing to understand before depositing. In this article, I will explain how Forex brokers make money and what their role is in facilitating liquidity.
Stop Order vs Limit Order
Instead of continuously monitoring the price, traders can place a Limit Order or a Stop Order in their trading platform. These orders are instructions to automatically execute trades when the price reaches a certain level.
MetaTrader4 vs MetaTrader5
What are the differences between Metatrader 4 and Metatrader 5 trading platforms? Which one is better? And the most used one?
Why do you lose money on the Forex Market?
90% LOSE THEIR CAPITAL! What is the real problem? Mainly because they do not understand leverage and Lot Size. Leverage is a very powerful and dangerous "perk" when you decide to trade on Forex Market.
How to manage and minimize spreads in Forex
Every beginner trader has ever encountered opening a position and being immediately at a grid loss, and not understanding why. Today we bring you the three ways to manage and minimize spread in your trading.
What is Technical Analysis?
Technical analysis is the study of repeated patterns and movements in the market caused by the standard behavior of traders. Traders use technical analysis to monitor current and historical price movements of a currency pair, help determine market trends and predict possible entry and exit points for their trades.
3 Types of Forex Analysis
There are several different ways to analyze the forex market in anticipation of trading. While the categories of analysis may be plentiful, keep the ultimate goal in view, which is to use analysis to identify good trading opportunities.
Types of Forex Charts
Which chart types do traders use most for analysis? This is a frequent question that Forex market beginners ask. For this reason we are going to talk a bit about this subject today.
How to Bear Risk in Forex
It is important to understand that even the best forex traders have losses. While you may be successful in the forex market, you will also experience some losses. Fortunately, there are several things you can do to anticipate risk.
4 Types of Forex Trader
In the forex market, traders use various strategies to help strengthen their position in the market and secure significant profits. Learn about the 4 Types of traders in the forex market
4 Steps to make your first trade
If you already have some basics about the Forex Market, it's time to make your first trade, for that there are 4 important steps.That's exactly what we are going to talk about here today...
Lots, Pips and Leverage
In this section, we will explain some concepts you need to know before trading your first currency pair, namely what Lots, Pips and Leverage are.
How to deal with Forex Market Volatility
There is an expression, which has now become cliché, that says: "Trend is your friend". Another cliché also used in trading is "buy the rumor and sell the news". I don't want this article to be about clichés, but the goal is to give the reader a psychological perspective on trading volatile markets.
Compatibilizing your life with Forex Trading
If you consider forex trading your job, you need to be prepared for many challenges. Some traders cannot handle the psychological pressure and cannot prepare themselves or deal with failure from the beginning.
Forex Course - Bullish VS Bearish
Whether you're an experienced trader or a beginner, chances are you've heard of bullish market and bearish market...That's exactly what we're going to talk about here today....
Forex Market: The Importance of Forex Signals
The power to use such signals for one's own benefit was once dominated by large institutions. However, nowadays, it can be said that such capabilities to exploit forex signals are within the reach of anyone with Internet access.
Forex Market Hours
The Forex Market works 24 hours a day for 5 days a week - Forex Market Hours and who trades on this market