When it comes to the highly competitive forex market, choosing a forex broker that suits both your trading habits and personal lifestyle can be crucial to the success and potential profitability of your trades. However, with the news that the average trading value on the forex market was $5.067 trillion in 2016, in recent
When it comes to receiving a forex education, one of the first things you’ll be taught is the importance of understanding risk. After all, as the world’s most liquid market, the possibility of big wins in forex is naturally contradicted by the possibility of big losses. As such, understanding how to reduce your exposure
Forex sentiment is the overall feeling of which market participants perceive the performance of a currency pair. This will ultimately determine their consequent trading decisions regarding placing, buying or selling orders. Sentiment is an important component of what drives movements in the forex market, so having the know-how is vital to best forex
Set to launch in 2020, Libra is an upcoming digital cryptocurrency to be accessed by users through apps in order to make payments and transfer money to each other. Designed to streamline the process of transferring money over the company’s social media platforms, Libra has been backed by firms and organisations including Spotify,
Low volatility trading is nothing new. To the experienced trader, embracing this type of trading in their forex strategy is, in fact, incredibly frustrating, as the amount of opportunity to make significant – or ‘good’ – trades diminishes. However, part of knowing how to trade forex successfully is understanding how to adapt to changing market
As with most things in life, like working out and dieting, money management is something that most traders preach but few, in fact, actively practise in real life. Why? Just like watching what you eat and hauling yourself from the sofa to the gym, regularly managing your money in forex can seem like a burden
As a globally interconnected, 24/5 digital trading market, taking it back to basics with a pen and a piece of paper could well be one of the most effective forex secrets there is. Why? Well, today, we’ll be answering exactly that – detailing 3 reasons you should be keeping a trading journal, regardless of your
With numeracy playing an integral role in today’s society – both in regards to personal and professional financing – it may come as a surprise to you to learn that 49% of adults in the working-age population of England have the same level of maths skills as those in primary school education. That’s right, almost
When it comes to strategy, reversal trading is a tried and tested method proven, when executed correctly, to be one of the best ways to trade forex. But what is this popular trading approach and how can you incorporate this useful weapon into your daily forex arsenal? Luckily, today we’re showing you how by helping
For many, the strongest appeal of the forex market is its accessibility. Open 24/5, traders can enter and exit the market at times convenient to them, allowing them to work their trading around their normal day-to-day life. For the experienced trader, this enables them to spend as little as 30 minutes a day on the
