Not all people are able to engage in full-time Forex trading. Several merchants have to place their investments while they are working or having lunch. You can miss several opportunities because of market fluidity if you irregularly trade during a tiny window every day. For a temporary trader, such missed occasions can be disastrous indeed. While it is true that the … [Read more...] about Part-Time Forex Trading: Strategies and Tips
The variety of forex trading accounts is just as diverse as in the banking sector. As banks create different products to suit particular clients, brokers also attempt to do the same. Aside from a standard live account, opportunities exist for non-trading individuals to invest in forex through the use of PAMM or copy trading. For the trading individuals, there are a few … [Read more...] about The 5 Types of Forex Trading Accounts
Backtesting your Forex robot on MT4 is an excellent way to see what potential is held by your strategy before you apply it in real-time. These days, several traders use Expert Advisors (EAs) or Forex robots to conduct their trades automatically. But, it is also important to check how the robot performed until that point in time because you don't want to leave your Forex trading … [Read more...] about Backtesting a Forex Robot on MT4: How Does it Work?
If you are new to Forex trading, you might not have heard of margin calls before. But, for you to conduct successful trades, learning about this concept is vital. Depending on the broker, there might be some serious consequences attached to it. In this article, we shall discuss what this phenomenon is, what the reasons for its occurrence are, and how you can avoid … [Read more...] about How to Avoid a Margin Call in Forex Trading?
As a trader, you may often wonder how much money you could put at stake and what’s your risk endurance. This is where position sizing comes into play. Here’s a guide on how speculators can capitalize on their trades and minimize their risk using position sizing. What is position sizing in forex? Position sizing refers to the quantum of units of resources put into … [Read more...] about Understanding Position Sizing in Forex