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  1. Replies
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    290,569

    Different traders, with their trading strategy....

    Different traders, with their trading strategy. Some traders don't trade during bank or public holidays due to low volatility of the countries currency, while others exit trading, when high impact...
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    2,320
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    205,110

    Manual trading is the best. If robots were that...

    Manual trading is the best. If robots were that good, nobody would bother to learn trading, we would just purchase one to trade on our behalf. Moreover every forex trader would be rich, because...
  3. Success is not achieved over-night, it takes...

    Success is not achieved over-night, it takes hard-work, knowledge, experience and dedication. Rome was not built in one day, it takes a lot of courage and passion. Journey of a life time begins with...
  4. Yes you can trade both accounts simultaneously...

    Yes you can trade both accounts simultaneously using copy trading. Copy trading is a process by which a trader copy or follows the behavioral of experienced traders, or copying trades from one...
  5. The motto of every trader is make pips, keep pips...

    The motto of every trader is make pips, keep pips and repeat, and to make pips, you must make the trend our friend. The daily time-frame tells us the trend. Sometimes there's a pull back, or...
  6. Forex need full concentration and attention...

    Forex need full concentration and attention during trading, due to the high risk involved, a mistake could be costly. Don't trade if you are deemed unfit psychologically and sick. Instead suspend...
  7. Forex need full concentration and attention...

    Forex need full concentration and attention during trading, due to the high risk involved, a mistake could be costly. Don't trade if you are deemed unfit psychologically and sick. Instead suspend...
  8. Replies
    1,393
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    91,016

    The market closes your order at stop loss. A stop...

    The market closes your order at stop loss. A stop loss order is used to protect our equity from huge loss. As a good trader, you must have it at the back of your mind that nothing is guaranteed,...
  9. Replies
    3,038
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    238,078

    An indicator is a tool used to analyze the...

    An indicator is a tool used to analyze the charts, in forex trading. It is used to confirm a trend, change in trend, trend continuation etc. There are two types of indicators, a lagging and leading...
  10. Replies
    1,676
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    159,201

    Scalping is a style of trading where a trader,...

    Scalping is a style of trading where a trader, tries to quickly capitalize on arising opportunities. The purpose of scalping is to make profit buying and selling, while exposing a trading account to...
  11. Replies
    2,249
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    458,941

    When you place a market order and leave it open,...

    When you place a market order and leave it open, that is, enter a trade at the market price without instructions to close the order, you are in effect, gambling with the total value of your account....
  12. Replies
    5,023
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    391,122

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    First off, stop believing all the get-rich quick hype still perpetrated by some forex dealers. Yes, there are those that do get rich trading forex but some people also get rich selling houses. In...
  13. Replies
    3,160
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    425,099

    Yes. But you must ensure you start as a part time...

    Yes. But you must ensure you start as a part time trader, ie combining trading with work or business, so as to get it right, because if you lose while trading you have other things to fall back on,...
  14. Replies
    2,290
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    243,481

    I look out for their trade execution time,...

    I look out for their trade execution time, deposit and withdrawal processing times and methods, low spread, customer service, trader's recommendation, and regulators. Ensure you make findings before...
  15. Anybody can trade forex as long as you can have...

    Anybody can trade forex as long as you can have attained the legal age of 18years. Forex trading does not discriminate between old or young, rich or poor, male or female. Make sure you learn and...
  16. Replies
    5,214
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    1,165,307

    Yes, the ball is in your court. Whatever trading...

    Yes, the ball is in your court. Whatever trading decision you make, would either build or deplete your equity. Our decisions must be guided based on knowledge, experience, discipline and money...
  17. Replies
    7,558
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    337,731

    Small or big capital does not matter. What...

    Small or big capital does not matter. What matters is getting the right strategy. Take for instance big capital with bad strategy, leads to margin call. Once you get it right even with little...
  18. Replies
    10,708
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    691,593

    Depending on your experience level, trade...

    Depending on your experience level, trade leverage can be a powerful tool to help you maximize returns, or it can be the cause of your downfall. It is not something to be taken lightly and if you do...
  19. Replies
    5,335
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    613,893

    Learning how to trade is easier than many highly...

    Learning how to trade is easier than many highly skilled professions but you will need to do your homework before you trade real money. Demo trade first and only after you have mastered demo trading...
  20. Replies
    1,937
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    170,726

    No. Life itself is risk, and forex is not an...

    No. Life itself is risk, and forex is not an exception. Forex trading is an high risk business. We must ensure we minimize our risk to what we can afford to lose, which brings about money management....
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