In simple words, a ‘margin call’ means when the account needs more capital.
In order to trade through your live forex account, you must have a significant amount of capital in your account to begin with, this is called the ‘margin’ of your account. The Margin call occurs when trading losses...
More than the strategies and market volatility, I believe forex trading is about having a strong mind that can take losses and is ready for the upcoming challenges at the same time. Learning and practising are meant to help you with trading but a strong mindset is needed to stay on track and do...
There is always a scope of learning regardless of whether you are an experienced trader or a newbie in the market. Keeping a learning attitude can help you walk miles easily on the rocky highway of trading. So, get ready for the real hard work when you start.
I think joining a good community forum is not necessary, but it’s definitely helpful. A good community forum will help you polish your knowledge as you are engaging in communications and answering questions with other traders who are generally beginners or at the same level as yours. Some good...
Because the scalping strategy would require you to open and close trades per minute sometimes, you must be quick at making market judgments just by looking at the charts. If you need to analyse the market before making a move, you better choose some other strategy that would give you enough time.
The major reason why frauds happen is because traders keep looking for shortcuts. If the traders stop looking for any get-rich-quick schemes, they won’t fall for scams. Being a trader is not easy and it requires a trader to be mentally and physically available in the market so that they can...
Professional traders use all kinds of different strategies to profit from the Forex markets. The truth is that there is no single Forex trading strategy that is the best. The type of strategy that works best will depend on the current market conditions, the FX pair traded, the amount being...
Forex trading is the simultaneous act of buying one currency while selling another. Combining these two currencies makes up a currency pair. Currencies are always traded in pairs, and a unique three-letter code represents each currency in a pair. EUR/USD is the most traded pair because both Euro...
Every individual has a different approach to dealing with stress. Some get excited, some go quiet. As long as you decide to make the right choice even in complete stress, then you know you’re above any external factor affecting your choices. I meditate to release stress hormones. It works for...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.