What’s the Statistic on Successful Forex Traders
Out of all traders trying to make a living trading forex, only 8 to 10 % will succeed. The rest will fail. This is the ruthless statistics that can be found on any broker...
Forex Broker Leverage Explained
Among traders, there is still no unanimous opinion on how much leverage is right for trading. Some people believe that leverage must be low to prevent a trader from opening too many trades, including...
Biggest Liquidity Providers on the Forex Brokerage Market
When assessing the performance of a broker, an important thing to pay attention to is their liquidity providers. If you can’t find the information about liquidity providers on the broker’s website, it’s a good...
All You Need to Know About a Spot Market
Spot market, also known as the cash market or physical market, is a place where financial instruments or commodities are sold for cash and delivered immediately or within a short period. Unlike in a...
What Taxation Systems in Different Countries say about Day Trading
A lot of countries around the world feed on tax collection. The monies generated from this channel are used for socio-economic securities particularly in the western countries, where the agricultural sectors, mining sectors and...
Hedging Strategies in Forex Market
Hedging is a technique designed to reduce the exposure to investment risks. In other words, hedging is used to offset the risk of unfavorable price movements. Originally, hedging strategies were used strictly by businesses...
What is a Pip in Forex Trading?
You must’ve heard the term “pip” multiple times. If you’re still not sure what exactly it means, go ahead and read this article. To achieve success in trading, you must have a complete understanding...
Copy Trading Services Review
If you know a thing or two about trading, you’ve probably heard about copy trading, too. This is a very popular service that comes in a variety of forms and types. In this article,...
How to Import Historical Data in MT4
Traders need historical data to test a trading strategy or advisor over a long period. In this article, I’ll break down how to load historical data in MT4, a popular trading platform.
Before reading the...
Smart Strategy to Trade Nonfarm Payrolls
Nonfarm payrolls (NFP) is a report on the number of new payrolls created in the US non-farm sector. This is the second most important (after GDP) financial indicator that causes significant fluctuations in currency...
