Does it really take money to make money in forex or not at all? The fascination of capital gains in this market is one of the first considerations, especially for new traders getting involved. Every question always deserves a counter-argument. Truthfully, no one can give a universally-accepted answer on how much one can make from trading forex as it depends on many … [Read more...] about The Million Dollar Question, How Much Money Can You Make From Trading Forex
Forex Basics
US Dollar the De-Facto Global Currency Status At Risk Amid China And Russia Pressure
The US dollar is in a class of its own, given its role in the global financial system and global economy. It is the most traded currency in the $6 trillion currency market and doubles up as the preferred means of finalizing global markets transactions. It thus does not come as a surprise that it is often referred to as the de-facto global currency or reserve … [Read more...] about US Dollar the De-Facto Global Currency Status At Risk Amid China And Russia Pressure
MT4 vs. cTrader: A Battle of Top Trading Platforms
A trading platform helps you carry out all your executions in the market. It has various useful features such as many types of orders, charting tools, strategy tester, EA support, indicators, etc. Brokers’ cooperation with third-party companies, such as MetaTrader, results in advanced trading software; however, brokers also have their programs with much better support … [Read more...] about MT4 vs. cTrader: A Battle of Top Trading Platforms
Order Block in Forex Trading: All You Need To Know
The Forex market is driven by central banks and other financial institutions. They generate price action through their orders that are significantly larger than standard ones. Order blocks refer to orders that make use of a huge amount of buying or selling of pairs. Let us now look at how trading order blocks work in the foreign exchange market. What is order block … [Read more...] about Order Block in Forex Trading: All You Need To Know
How Can You Make Profits by Trading Exotic Currencies?
When Forex traders are looking for a different route to realize profits, they would often shift their attention from the major pairs and deal in exotic currencies instead. This portion of the Forex market is characterized by low liquidity. Speculation and hedging play important roles in exotic currency trading, but the risks can be significantly high as well. What are exotic … [Read more...] about How Can You Make Profits by Trading Exotic Currencies?
