Take the special Forex training course step by step and become a successful trader. Learn Forex and trade like a pro
HOW TO MAKE MONEY ON FOREX
Forex market is just like any other market where instead of foods and goods people trade currencies.
WHAT IS FOREX?
Forex market is just like any other market where instead o...
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LESSON 21. Position size, level of risk
Imagine you put $1000 on your deposit and you want to trade. Should you use the entire sum at once?
Probably not: remember how we spoke about risk management? So, which position...
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LESSON 20. Margin, Leverage, Margin Call, Stop Out
How much money should you have on your account to keep trading? It’s logical that you will need money to maintain open positions.
The necessary sum is called margin. Forex broke...
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Lesson 19. What is risk management?
Even if you have designed a really smart trading system, you can still fail on Forex without a sensible risk management strategy.
Risk management is a combination of multiple id...
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Lesson 17. Economic calendar
Fundamental factors are not an abstract concept. Traders face them daily in a form of economic news, published in the economic calendar.
Let’s have a look at the economic calend...
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LESSON 16. Fundamental analysis
Let’s now move to the fundamental analysis. If you know why the price moves in a certain direction, you can successfully predict where it will go next and open a profitable positio...
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LESSON 15. Principles of technical analysis
There are 2 types of Forex market analysis: technical and fundamental.
Technical analysis relies solely on the price chart. It shows what is happening in the market now and what...
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Lesson 14. Definitions: trend, correction, reversal, support, resistance
Take a look at the price chart.
As you can see, the price never moves in straight lines, there are series of highs and lows.
The general direction of the price movement is called ‘...
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Lesson 13. Swap and rollover
Rollover is a procedure of moving open positions from one trading day to another.
If a trader extends his position beyond one day, he/she will be dealing with a cost or gain, de...
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LESSON 12. Transaction, profit, loss. Types of orders
The decision to buy or sell the currency pair depends on your expectations of the future price.
If you think that EUR/USD will rise, you buy the pair or, in other words, open a ...
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Lesson 11. Brokers and practice accounts
Your broker is a company, which provides the software and the infrastructure you need to make trades in the Forex market
Your broker is a company, which provides the software an...
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