Foome2001

Jul 17, 2025 08:39

What’s the distinction between a micro and a standard account?

Forex trading account types are often determined by trade volume. Trading volume refers to how much money you wish to exchange. It is measured in lots. Micro accounts, for example, allow you to trade micro or nano lots (1,001 and 100 units of...

Nobs2000

Jul 16, 2025 12:12

What is the difference between demo and live account?

A demo account is a simulated account used for practicing and learning purposes in a risk-free environment. It is typically offered by financial trading and investment platforms, such as forex brokers, stockbrokers, and investment firms, to allow...

Shoonce93

Jul 16, 2025 07:09

What is a Homing Pigeon candlestick pattern?

The Homing Pigeon candlestick pattern is a bullish reversal pattern that appears in a downtrend, signalling a potential shift in momentum. It consists of two consecutive bearish candlesticks, whereas the second one is entirely contained within the...

Maxwell

Jul 15, 2025 11:57

What is forex supply and demand zone?

In Forex , the supply and demand zones are crucial concepts for understanding price movement and making informed trading decisions. A supply zone refers to a price level or range where selling pressure is strong enough to outweigh buying pressure,...

Belive

Jul 15, 2025 06:54

Who was W.D. Gann, and what is he known for in financial markets?

W.D. Gann, born William Delbert Gann in 1878, was an American financial trader and market theorist renowned for his unique and controversial methods of predicting price movements in the stock and commodities markets. He developed a range of tools and...

Belive

Jul 15, 2025 06:47

What is the best way to set stop-loss targets?

Stop-loss targets are used in trading to minimize potential losses by setting a predetermined price at which a trade will be automatically closed. The best way to set stop-loss targets is to use a combination of technical analysis and risk management...

Useek1945

Jul 14, 2025 12:10

The disadvantages of not having control over emotions in trading?

Not having control over emotions in trading can lead to several disadvantages. Firstly, emotional outbursts can result in impulsive and irrational decisions that can lead to significant losses. Secondly, strong emotions such as fear and greed can...

Sonfigh90

Jul 14, 2025 06:00

What are the key differences between rule-based EAs and AI-powered trading robots?

Rule-based Expert Advisors (EAs) and AI-powered trading robots are both automated trading systems, but they differ significantly in their design, functionality, and adaptability.

Sonfigh90

Jul 14, 2025 05:48

What are the benefits and drawbacks of using floating leverage in trading?

Floating leverage can be a useful tool for traders as it allows them to adjust their leverage levels based on market conditions and their risk tolerance. One of the main benefits of using floating leverage is that it provides traders with more...

Patton

Jul 14, 2025 02:30

How to draw vertical line in forex?

Drawing a vertical line on a forex chart helps mark specific time points, such as major news events, trade entries, or session openings. Most trading platforms, like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), offer an easy way to add vertical...