It is straightforward to place a deal on the foreign exchange market. Because the trading forex mechanics are extremely similar […]

Forex trading entails attempting to forecast which currency will gain or fall in value relative to another.  When should you […]

What is a Pip? You’ve probably heard the terms “pips,” “points,” “pipettes,” and “lots” thrown around, and now we’ll explain […]

Forex is often transacted in lots, which are effectively the number of currency units you will buy or sell. A “lot” […]

For a currency pair, forex brokers will provide you with two prices: the bid and ask price.  The “bid” is […]

An order is a request submitted through your broker’s trading platform to initiate or close a transaction if the instructions […]

1. Every forex trader, and we mean EVERY trader, loses money on some trades. Ninety percent of traders lose money, […]