Round number trading strategy is taking advantage of large round numbers as they tend to attract large order flow. This is a way to pad your trading account over time
How to Make Money Trading Commodities
Commodities trade like support & resistance, technical analysis & other markets. Forex gives a head start to trade other markets.
Is Forex Trading a Scam?
Where there is money involved, there are scammers. the potential rewards in trading are higher, but, some of the best traders in the world make 20% a year.
The Difference Between ECN & Standard Account
One of the questions in Forex trading is what type of broker to use. It depends on your situation but let’s look at the difference between an ECN & a standard account
The Fascinating History of Elliott Wave
There are few parts of Technical Analysis that you can credit to a single individual, but Elliott Wave Theory has that distinction. Read more.
Avoiding a Margin Call in Forex
The words that a trader never wants to hear, are “margin call”, which is when a broker asks a to deposit more money into the account to keep a position open.
Head and Shoulders Pattern
One of the common trading patterns is “head and shoulders pattern.” But there are a couple of things to keep in mind before you use this pattern.
Establishing Your Risk Tolerance in Trading
In money trading, the most important area is going to be money management. Paramount to money management is understanding your risk tolerance in trading.
What is a PAMM Account in Forex?
Some Forex brokerages offer a “PAMM Account”. a PAMM account is basically a managed account where one trader trades on behalf of others through his/her account
Trading the FOMC Meeting
The Federal Open Market Committee (FOMC) meets eight times a year to discuss and set US monetary policy. Learn about the process here!