Choosing the right forex broker can be a crucial step for start-up traders looking to enter the forex market. Here are seven of the best forex brokers for start-up traders:
The opening price in a candlestick represents the first traded price when a specific time period begins. This could be the start of a minute, hour, day, or any chosen timeframe. It marks where the market initially agreed on value before new...
Forex trading, or foreign exchange trading, plays a significant role in the global economy by facilitating international trade, investment, and travel. Its economic effects are multifaceted and profound.
John Bollinger is a renowned American financial analyst and the creator of Bollinger Bands, a widely used technical analysis tool. Born in 1950 in Montclair, New Jersey, Bollinger studied economics and finance at the University of California, Los...
The minimum investment in forex is flexible and depends on your broker, account type, and trading style. Many online brokers allow you to start with as little as $10 to $100 using micro or cent accounts. These accounts let beginners trade very small...
Using leverage effectively in forex trading involves understanding the potential risks and rewards associated with different leverage ratios. A high leverage ratio can increase potential profits but also increases the risk of significant losses. It...
Most traders eventually settle on a style that fits their temperament, schedule, and risk tolerance. When someone asks what type of trading they practice, they’re usually referring to their preferred timeframe and decision-making approach. Some...
Both styles have their appeal, but the choice depends on your personality, schedule and how you handle pressure. Scalping suits traders who like fast decisions and constant screen time. It aims for very small gains taken repeatedly, often within...
Many traders choose to focus on one currency pair because specialisation brings clarity and consistency. Each pair has its own personality shaped by liquidity, volatility, session behaviour, and the economic forces behind it. By trading the same pair...
The PDT rule, or Pattern Day Trader rule, is a regulation in the United States that applies to traders who make frequent intraday trades in a margin account. A trader is labelled a pattern day trader when they place four or more day trades within...