Leverage is the use of borrowed capital to take a position in a financial instrument. It can be used in a variety of ways and comes with a variety of risks. In this article, we’ll look at how to calculate leverage and its risks. We’ll also examine some tips for using leverage properly. Using borrowed…
There are two basic types of bullish candlestick: the bullish and bearish. A bullish candlestick will be green while a bearish candlestick will be red. These two types of candles will be different in height, and the height of one will indicate which side is winning the trading session. When the bullish candlestick is green,…
There are several times of the day that are best for trading in forex. The best times to trade are during the overlap of different trading sessions, when different financial centres are active and different assets can be traded at a low spread and with high liquidity. The most optimal overlap occurs during the active…
There are a number of online forex trading courses to choose from. Some of the best ones use supplemental materials that break up huge walls of text and keep students interested. You can also read reviews of forex trading courses online to get an idea of what to expect. Forex traders are all in it…
Read More “Best Online Forex Trading Courses to Learn Forex Trading” »
The 4X trading platform uses color psychology to complement its minimalist site design. Just like Facebook, the platform’s color scheme is meant to help traders concentrate and make better trading decisions. Compared to other on-line apps that are meant to hurl the user’s brain into a frenzy, the 4X platform uses colors that calm the…
Read More “4X Trading – The Difference Between Forex and OTC Trading” »
Forex trading is a complex and highly risky investment. For people just starting out, it can be difficult to know where to start. In this article, we’ll outline the most important things you need to know before you start forex trading, and provide a step-by-step guide that will walk you through the process. Forex Basics…
Forex trading is a highly speculative market where investors buy and sell currencies to make profits. Many people think that forex trading is a way to make quick money, but is it really that easy? In this article, we discuss some of the risks associated with forex trading and whether or not you can really…
A Guide to Avoiding Forex Broker Scams It is reported that the forex market trades an average of 6.6million in a single day. With such money flowing in and out of an industry, it is bound to have a lot of scamming platforms out there. In Nigeria, the financial is over-saturated with a lot of…
A foreign exchange (“forex”) trader in Nigeria needs to see data that isn’t available on standard price charts. They use technical analysis tools to gain additional insight, and while references to these tools may appear to the uninitiated as gibberish, they are easy to understand once explained. They typically use statistics, chart overlays, and technical…
