Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...
They decide to risk a certain amount of money on each trade, but when they open MetaTrader or another platform they are not sure what lot size matches that risk. Guesswork follows, and suddenly a ...
Position limits prevent market manipulation by capping share and derivative contracts owned by traders. Understand their function and how these limits are established.
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...
What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...
Timing and strategy can make all the difference between a profitable trade and a costly mistake. One of the key techniques that experienced traders use to manage their positions effectively is scaling ...
Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...
Position trading is an offshoot of trend trading, which sees traders following trends through their culmination. Position traders sit somewhere between swing traders and buy-and-hold traders, holding ...