ECN vs Market Maker Forex Brokers

ECN vs Market Maker Forex Brokers

We all know Forex Brokers manipulate prices and spreads. How do they do it? Why not someone stops them?
It may come to you as a surprise that Forex market is not as transparent as its counterparts like Stocks and Options market. Unlike those markets, it is not centralized or regulated in the similar fashion, [...]

7 Tips to Maximize Trading Performance

7 Tips to Maximize Trading Performance

We all know how important it is to find our edge in the markets. Finding an edge could take months even years but once we have acquired such an edge, it is not the end and expecting windfall profits could only be a dream which is as good as wishful thinking. The next step [...]

5 Benefits of Forex Demo Trading

5 Benefits of Forex Demo Trading

One of the main advantages of Forex market is the availability of demo softwares. Almost every Forex broker provides a fully functional demo version of their platform. If you are a Futures, Stock or Options traders, you would find it harder to find a fully functional free demo trading software.  Even though Forex [...]

Are You Using Right Charts For Forex Trading?

Are You Using Right Charts For Forex Trading?

Most people prefer to use charting provided by their broker. Though this may seem harmless but could result in disasters. Let me tell you why.
Due to Forex 24 hour nature each broker has a different time for the new daily candle depending on the location and server time. As we know that daily candles [...]

Stop Letting A Winner Turn Into a Loser

Stop Letting A Winner Turn Into a Loser

We all have had trades which started off profitable only  to end up in loss. This not only hurts financially but also emotionally.  In this article we will explore the psychology behind it and how to overcome it.
We all know that fear and greed is what drives most of the new trader’s decisions. Though [...]

What is Forex Mini, Micro and Standard Lot?

A Forex Lot is the amount of currency you buy or sell. Say for example you wish to buy 100,000 USD, 100,000 is basically your trade size.
Forex Lot is basically representation of Trade Size in a different format. A Standard Lot would represent 100,000 of any currency, whereas a Mini Lot represents 10,000 and a [...]