One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...
What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...
Editorial Note: Talk Android may contain affiliate links on some articles. If you make a purchase through these links, we will earn a commission at no extra cost to you. Learn more. Navigating the ...
Ask any experienced trader what separates someone who survives the forex market from someone who burns through their account, and they’ll likely say the same thing: proper trade sizing. It’s one of ...
How many forex positions should you actively trade? While you can hold as many positions as your account size allows you in stocks, in forex trading, it is a different story. Today we are holding off ...
Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...
Deciding when to buy (or go long) and sell (or go short) on a forex pair requires a great deal of research and know-how. Every trader has a unique style and approach to accessing the markets, so you ...