For Newcomers | Forex Trader Portal

Pending Orders on Forex

August 6, 2024 by Michael Leave a Comment

Pending Orders are applied in many Forex strategies for entries in positions. However, many Forex traders neglect it, preferring Market Executions. But they shouldn’t. In this post we will examine what is a pending order, what is its advantage, what are the types of Pending Orders, when and how it can be applied in trading. How … [Read more…]

How Much Time Do You Need for Successful Trading on Forex?

July 8, 2024 by Michael Leave a Comment

Hello friends! How much time do you usually need to spend for studying charts and monitor the currency markets? I’m sure many of you at the beginning of his trading career was literally glued to computer screens all day, getting stuck on the charts, you drank large amounts of coffee and constantly placed the orders … [Read more…]

Which is the best currency pair to trade for beginners?

April 29, 2025 by Michael 2 Comments

Hello readers! Forex beginners often don’t see anything special about the currency pair EUR/USD, or even worse, they start trading any currency pairs. Unfortunately, choosing a currency pair isn’t as simple as it seems. Rules and characteristics exist; they are inherent to each currency pair. The main things that we have to pay attention to … [Read more…]

Forex Broker - How To Choose Wisely?

April 22, 2025 by Michael 2 Comments

When someone begins trading forex, their first question is: which Forex broker should I choose? It’s important to choose a loyal, stable and competent broker for whom the money that one puts, and later earns can be trusted. There are also a lot of other questions – is this broker going to be suitable for … [Read more…]

When Should One Switch From Demo To a Real Account?

April 13, 2025 by Michael 1 Comment

Hello, dear readers. Almost everyone in Forex began trading from a demo account with virtual money. However, what is the sense of earning dollars you cannot buy real things with? After some practice, one should switch to trading with real money. This article shows you when to do it and which is the best way … [Read more…]

What is difference between old and new pips in Forex?

April 13, 2025 by Michael 1 Comment

In various Forex forums are a lot of specific jargon, often not understandable for beginners. The talk is about old and new pips. What does that mean? By old pips called the minimum price change given by the broker with 4 digits after the decimal point (eg. EUR / USD 1.3285), by the new pips … [Read more…]

Money Management in Forex

April 9, 2025 by Michael 1 Comment

There are a lot of money management methods that exist in Forex. From the silliest ones, for example “increase lot until we lean back” to “Binomial distribution based theory” (3 high formulas). I am using a very simple and effective method, which I want to talk about in this review. However, before describing the method I use, I want to … [Read more…]

Are Forex Training Courses worth the Money?

April 9, 2025 by Michael 1 Comment

forex training courses for money does that worth

A lot of people who are considering trading in a Forex market think about reading some books on the subject and might want to know if it is worth to attending a Forex course. Seeking expert tuition is not only something newcomers consider. Traders who have had a series if unsuccessful trades also might wish … [Read more…]

What is Forex?

April 8, 2025 by Michael 1 Comment

A discussion between a professional and a beginner A beginner: - People are of the opinion that Forex is a big swindle. Is that right? A professional: - Yes, that’s right, but only for fools. Just like any other business or a business sphere, Forex hates individuals that are trying to earn easy money but lose theirs out of ignorance, … [Read more…]

The Whole Truth About Leverage in Forex

April 7, 2025 by Michael 1 Comment

Concerning comments in forums, it seems that a lot of people do not understand what leverage in a Forex market is. Moreover, there is a myth among new traders just beginning that the bigger the leverage is, the higher the risks. Let’s try to see if it’s true or not. First of all let’s see what a … [Read more…]