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HOW TO MAKE MONEY ON FOREX

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...
LESSON 21. Position size, level of risk

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...
Lesson 19. What is risk management?

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...
Lesson 17. Economic calendar

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...
LESSON 16. Fundamental analysis

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...
LESSON 15. Principles of technical analysis

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...
Lesson 13. Swap and rollover

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...
Lesson 11. Brokers and practice accounts

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...