What Currency Pairs To Trade?

What Currency Pairs To Trade?

Are you being patriotic and trading currency from your country of origin? Is that the best way to select the currency pairs to trade? Definitely not.
It is surprising that so many new trades select pairs based on their geographical location. For example an Australian would trade AUD against USD and NZD or even JPY. Someone [...]

How To Trade Forex Part-Time?

All traders live by the dream of trading Forex Full-Time for living, however most if not all start trading Part-Time first.  Here are my tips on how you can achieve your dream:
When I first started trading I faced a lot of challenges, such as what indicators to use, which broker, what strategy etc.  Eventually I [...]

What is a Margin Call?

The term Margin Call comes from Stock Market. It is essentially a phone call from the Stock broker asking you to put more funds in your account to sustain the open position losses. At this stage trader is required to put more money in the account usually with in 24hrs or else the [...]

Does higher Leverage in Forex Trading help?

Does higher Leverage in Forex Trading help?

Higher Forex Leverage may or may not help the Forex trader but it certainly does help Forex broker. Let me explain why.
When you open a position, Forex broker requires you to put aside certain amount from your account balance called Margin Requirement.  This margin requirement is based on the leverage the Forex Broker has provided [...]

What is Forex Leverage?

What is Forex Leverage?

Leverage simply means the % amount of money you are allowed to borrow from the broker when you open a position. Typically in Stock market when you buy 100 shares of a company trading at $10 per share, you are required $1000 to open the trade. Some stock brokers would let you borrow money from [...]