Forex for Beginners |

What you need to know about Stop Loss

August 24, 2017 by Michael Leave a Comment

Hello, fellow forex traders! In this lesson, we will talk about Stop Loss (SL). Stop Loss is a very important thing that your success or failure in trading depends on. Next, we will learn what a stop loss is, where to set it and in what way, which SL is better to use, we will compare … [Read more…]

How are the Forex orders executed

July 18, 2017 by Michael Leave a Comment

Hello, friends, Forex traders! Today we will discuss very important, but often skipped by traders principles of the execution of the orders on Forex. We talk about when the orders are displayed on the interbank market, what is a price glass, at what price are pending, market, stop-loss and take-profit orders executed, as well as … [Read more…]

What is Liquidity in Forex market?

April 4, 2017 by Michael Leave a Comment

Hello friends, Forex traders! We have all heard the phrase “The Forex market is the most liquid market.” What does it mean? What is liquidity? What are the dangers of low liquidity? And, what about the Liquidity of your broker? In this lesson, we will examine these issues in more details 🙂 The presence of … [Read more…]

What timeframe to choose?

March 14, 2017 by Michael Leave a Comment

Good time of the day, fellow traders. Forex beginners face a very large amount of information: there are many strategies, indicators, training courses, etc. And one of the most important decisions you have to make is to choose a timeframe. That is what chart to trade? A five-minute (M5), 1-hour (H1), a 4-hour (H4) one? … [Read more…]

7 ways to deal with slippage of orders

January 13, 2017 by Michael Leave a Comment

Forex trader John sits at the computer. Opens Metatrader and sees an upward trend for EURUSD. Without thinking too tight he pushes the Buy button at the price of 1.1515. The deal opens, but what does John see? The deal was not opened at the price of 1.1515, but at 1.1518! What happened? Evil machinations … [Read more…]

Volatility in Forex – what it is and how to use it

January 4, 2017 by Michael Leave a Comment

Good time of day, dear forex traders. Today we will focus on the concept of volatility in the Forex market. We will talk about what it is, what it depends on, and most importantly – how we can apply this data to build and improve our own trading strategies and, as a consequence, get greater … [Read more…]

How does the Forex market ?

December 5, 2016 by Michael Leave a Comment

Hello friends, traders! We all know that Forex – is an interbank, decentralized market, almost not regulated by anyone. But how do things work in reality? In this article we go through the main aspects: market participants, quotes sources, why Forex has become available to mere mortals, we’ll analyze brokers’ work models and what we … [Read more…]

How much can you earn on Forex?

November 1, 2016 by Michael Leave a Comment

How much can you earn on Forex? In the books and all sorts of courses they like to talk about George Soros and his billions, but how much a simple person can earn on Forex? Often people ask me in comments: “How much do you earn on Forex?” Well, it’s time to face the harsh … [Read more…]

How to take into account the spread in Forex when opening and closing trades

October 26, 2016 by Michael Leave a Comment

Hello, friends! This lesson will be aimed at the novice forex traders who hurry to make millions, forget about important details that make up the trading on the Forex market. We’ll talk about the spread, why at the opening of the position you see two prices (Bid and Ask), and most importantly – how to take … [Read more…]

How to work with bonuses on Forex?

August 26, 2016 by Michael Leave a Comment

Hello, dear friends, forex traders! Earlier, we wrote about various brokers promotions, and what is behind them. In short, bonuses are evil. In most cases, these bonuses are almost impossible to withdraw, as conditions require a very large turnover, or have other restrictions that do not allow full use of issued funds. Terms of bonuses … [Read more…]