The 3 Best Ways To Do Market Analysis

What every newbie should know about forex trading

To start, let’s look at three ways of analysing and developing trading ideas. There are three main types of market analysis. These are technical analysis, fundamental analysis, and sentiment analysis. Many traders choose to stick to one type of forex analysis is better, but the best traders usually know how to do all three types of analysis. Technical Analysis This type of market analysis involves studying price charts. The goal…


How to Trade Forex With $100

trade forex

Forex trading involves buying and selling currencies, with the expectation that you will make a profit from the changes in value of these currencies. The forex market is the largest financial market in the world. It provides many opportunities for many people, including retail traders like you, to make a profit. The best part? You don’t need a lot of money to start trading. In this article, we’ll look at…


How to Develop a Trading Plan

Trading Plan

A trading plan is a set of rules and guidelines that shape and define your trading decisions & behavior, including but not limited to: financial goals, money management rules, risk management techniques and criteria for opening and closing positions. Due to lack of education a large number of traders have never used a trading plan and that’s one of the reasons that many of them end up in a loss….


Understanding Different Trading Styles

What every newbie should know about forex trading

Most Forex traders will use one of the four trading styles: scalping, day trading, swing trading or position trading. In this article we will explain the main differences between each of these trading styles. Scalping Scalping involves entering and exiting the market for short durations of time. Traders applying this style typically use shorter time frames such as the 1 minute and 5 minute time frames. Their goal is typically…


MetaTrader 4 – A Guide to Using MT4

MetaTrader 4

Understanding the MetaTrader 4 Platform MetaTrader 4 is one of the most popular and widely used software applications for Forex trading. MT4 can be used not only for technical analysis, but also for placing and managing orders. Here we examine how to use it in trading. How To Install MetaTrader 4 You need to download MT4 from your broker’s website (every Forex company has its own MT4 platform), or if…


How to Trade Cryptocurrencies

What discourages traders?

Cryptocurrencies are digital currencies that are stored in electronic wallets. A cryptocurrency can be used as a medium of exchange. It can also be used as a trading instrument. Read on to find out how to trade cryptocurrencies. What are cryptocurrencies? Some of the most well-known cryptocurrencies are Bitcoin, Ethereum, Ripple, Dogecoin, Litecoin, and Cardano. Here are some fun facts about cryptocurrencies and how they work: 1 – Cryptocurrencies are…


What Every New Trader Should Know About Forex

What every newbie should know about forex trading

Forex trading can be lucrative for many people. That said forex trading can also be a bit risky. As a new trader, there are a few things you need to do before you open a live account. Here are our thoughts on where you should start. Invest In Your Forex Education If you want to trade forex, you need to learn how to do it properly first. Learning about forex…


How To Move From a Demo Account to a Live Account

What to consider when changing from a demo account to a live account

Are you ready to trade on a live account? A demo account offers a safe place for you to hone your skills without the fear of losing money. But how do you know when it’s time to start trading real money? And what do you need to consider before moving from a demo account to a live account? This article will help guide you through the process. Have you learned…


What Discourages Forex Traders?


The forex market provides a lucrative opportunity for traders to earn money. Learning and understanding how forex trading works can significantly improve your chance of being successful on the market. However, trading will always come with risks. This article will help you understand some of the things that discourage other forex traders from trading, so you can better prepare yourself for the forex market. Forex Scams Increased interest in forex…


What is Forex Trading?

What is forex?

Want to find out about Forex? You’re in the right place. In this article, we will cover all the basic information you need to know about forex trading and the forex market. Read on to find out more. What is Forex? Forex stands for Foreign Exchange and is the buying and selling (exchanging) of currencies The goal with forex trading is to make a profit from the change in currency…