A trading journal is quite simply like a trading diary. You will input data relating to entry and exit points, the capital invested, the outcome of that particular trade and any other notes that you would like to make regarding a trade, for future...

If you want to trade forex successfully then you need to pay a lot of attention to the news. Without news, it will be difficult to make a good profit so if you want to make a good profit in forex you must trade according to the news. You must spend a...

there is two kinds of brokers in forex. One is the dealing desk and the other is a non-dealing desk. Dealing desk broker execute your request with requote and dismissal. To choose the right brokerage company you need to understand how different types...

Each market has its own language. These are words to know before engaging in forex trading:

The main income of a broker is spread. If the spread is low then the broker is obliged to provide good service. There are many types of brokers, but before you can deposit in the broker, you must collect detailed information about the broker. The...

This is where you can trade in falling markets, without the need to buy and take ownership of an actual asset. If you think that an asset like a stock or a currency pair is overbought, and you expect the price to drop, you will open a short position,...

It's really important to verify a broker is licensed. This way they have monthly reporting, annual audits, have capital requirements, and some other regulations to follow. I usually look at the company which is regulated and have a license. However,...

Before entering the market as a trader, you need to have a plan on what you want to do and how you plan on achieving it. You need to make decisions based off of information you have collected to execute your trades. You need to have a plan on how to...

A contract for difference ("CFD") is a financial derivative. Derivative products tract the market price of an underlying asset so that traders can speculate on whether the price will rise or fall.

Moving Average Convergence (MACD) created by Gerald Appel in 1979, was one of the most used trading techniques indicators. The MACD is valued globally by traders for its simplicity and flexibility as a pattern or an indicator of a driving force....