Emotions are one of the factors that influence traders’ decision in the forex market. It is therefore critical for traders to know the type of emotions they could expect and how to deal with them to ensure that they don’t interfere with the traders trading decision. How well you can manage your emotions as...
Tag: Leverage
9 – Forex Money Management
To be successful in forex trading, you need to cultivate attitude of patience, adequate training and be quick to adapt to the fast-changing market conditions. A lot of traders lose their invested funds because they are inexperienced and this makes them overlook forex management ideology. Forex market is highly volatile and very risky. To...
3 – What are must know technical terms used in Forex ?
Learn about Pip, Stop loss, Bid price, Ask Price, Lot Size, Take Profit, Spread, Leverage, Margin, Margin Call, Commissions, Rollovers, / Swaps, Market Order, and Pending Order Technical terms used in Forex Trading. Pip The percentage in point or pip means the measurement of the movement of the exchange rate. The pip represents a unit...