Introduction: When the Market Moves Faster Than Your Trade You placed a trade at 1.1000, but it opened at 1.1004. What just happened? That’s called slippage — the difference between the expected price and the actual execution price of a …
Introduction: From Chart to Trade You’ve studied the market. You’ve picked a pair. Now comes the moment every trader anticipates — executing the trade. Whether you’re trading EUR/USD or XAU/USD (gold), the process is nearly identical. In this article, you’ll …
Introduction: Your Broker Can Make or Break You Choosing a Forex broker is one of the most important decisions a trader can make. In this article, you’ll learn how to choose a reliable Forex broker and avoid scams. 1. Always …
Introduction: The Hidden Costs of Trading Every trade you make in Forex involves a cost — even before the market moves. These costs are typically: Understanding how they work is crucial to managing your profitability and choosing the right broker. …
Introduction: The Allure and Danger of Gold Trading Trading XAU/USD — the price of gold against the US Dollar — is one of the most popular plays in the Forex and commodities markets. Known for its volatility and status as …
Introduction: Why Pips Matter in Trading If you’ve started learning Forex trading, you’ve probably heard the term “pip.” But what exactly is a pip, how is it calculated, and why does it matter? Understanding pips is essential for measuring price …
Introduction: Why Currencies Rise and Fall Currency prices don’t move randomly — they are driven by powerful economic, political, and psychological forces. Understanding what influences currency price movements is key to becoming a successful Forex trader. This article explores the …
Introduction: Understanding the World’s Largest Financial Market Forex trading — also known as foreign exchange trading or FX trading — is the process of buying and selling currencies on the global market. With over $7.5 trillion in daily volume, it’s …
It’s New Year’s Eve, and before the big party tonight, I took some time to rearrange my library. While organizing the shelves, I came across an old favorite, The Little Prince by Antoine de Saint-Exupéry. I began flipping through its …
In the fast-paced and ever-evolving world of trading, the pressure to make quick decisions and stick to them can be intense. There’s a pervasive belief that once a decision is made, a good trader should stand by it, no matter …