Scalping is for those who can make quick decisions. If you take time to make trading decisions, you better stay away from it. Executing a large...
Comparison is the only way to choose the best broker for yourself. Create a list of potential brokers and compare their features. You can also...
You have to work in accordance with the market. Even if it takes a turn, you can’t blame it because you made a wrong prediction that led to a...
ForexFactory’s economic calendar is good for planning trades.
Be patient and never stop learning there is an ocean of information and you can never know enough of you want to be a successful trader then chase...
Having a solid trading strategy is important, undoubtedly. But what separates successful traders from other traders is discipline. Most of the...
Absolutely! Books and courses can only guide you. Your readings will be of no use if you do not design a set of rules and implement them to...
No! Forex was doing just fine before Tik Tok came, and it is still doing fine. On the other hand, it can encourage more people to join forex as...
Not sure about the number! But more than 90% of the traders fail in forex trading. Most of them fail because of poor trading habits and bad...
The forex market is open for 24 hours, five days a week. The liquidity varies depending on the trading session. It is mostly seen that volatility...
They both are different. Demo accounts let you trade in a trading environment that’s very similar to the live market, but in demo account you only...
Through monetary policy, exchange regime setting, and, in rare situations, currency intervention, central banks have a significant impact on FX...
I don’t think women are bad traders. Infact, I have a friend, and she trades better than me. I think females are more patient in learning as well...
Yes. Forex can be an addiction. I personally know someone who suffered a big loss in trading because of his obsession. There is a lot of risk...
The price movement of a commodity, stocks, currencies and other instruments plotted over time is known as price action. All technical analysis of...
Separate names with a comma.