Forex trading is the way to go if you're a potential investor who wants to make it big in the business and financial world. The FOREX, which is also called the foreign exchange market, is one of the biggest financial markets in the world, with an...
Every day, people trade in. Some people trade their services for money, while others trade things like food, toys, and other things for money. People trade to make money so they can pay for the things they need to do every day.
This is why...
People's need for money can never be hidden. Everything you need to live a comfortable life can be bought with money. You use it to buy food, warm clothes, gas for your car, and pay your bills.
Money is important if you want to give your...
"Worrying for a day is more tiring than working for a week."
-a forex trader
The foreign exchange market, or forex, is all about money. People buy, sell, and trade money from all over the world. On the forex, anyone can buy and...
More than 20 million people in the US don't have a bank account. The main reason is that ChexSystems is so important in the world of consumer banking. ChexSystems is used by about 80% of banks and credit unions in the United States to check new...
Before, only long-term investors, banks, and people with more money could trade on the forex market. The trading is done through an agent or voice broker, who tells clients what's happening. In the end, a computerised automated system took its...
When you do a Forex trade, you buy a certain amount of currency, which is called a "lot." Depending on what kind of account you have, one lot can be worth different amounts of money. One lot is usually worth $100,000 in a standard account, but...
In Forex Trading, Stochastics (Slow and Fast) are one of the most used technical indicators. To use them right, we need to know what they are. In this article, I'll mostly talk about Stochastics and how to use them when trading.
The...
To be successful in forex trading, one of the most common skills a trader must learn is how to follow the trend. But this article won't talk about what's trendy. Instead, it will talk about what's not trendy. History shows that most markets tend...
At first glance, Online Forex Trading seems very easy to someone who has never done it before. Take the currency pair EURUSD as an example. If you think the Euro will go up, all you have to do is place a Buy order. If you are bearish on EUR, just...