Trading Videos
Watch our forex trading videos to get the most from the markets
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When Should Traders Buy or Sell?
In order to better follow the tips above, it is always recommended that you have defined strategy. Figuring out when you will enter and exit a trade is a prerequisite before you open a live position. Randomly buying or selling a currency pair with no set plan is unlikely to be beneficial, and may well be more stressful. You also won't be able to assess your performance productively as you have no set rules. Only by identifying and sticking to a strategy can you hope to potentially achieve long-term success.
What is your Balance?
When trading, the balance refers to the amount of money a trader has in their trading account. However, it’s important to remember that this amount does not include any profits or losses a trader might have from any open positions. If a trader has an open position, his or her balance might change depending on the losses or profits he or she has made once the trade (or part of the trade) is closed. A trader’s balance is located in different sections on the trading platform, depending on whether the trader is using the MT4 or the MT5 platform.
What Is Margin Call?
Margin Call is a notification which lets you know that you need to deposit more money in your trading account, or close losing positions, in order to free up more margin. It’s denoted as a fixed perce...
What is a lot?
Currency pairs are traded in “lots”, which represent the amount of the currency pair that you are buying or selling. The three most common types of lots are the standard, the mini and the micro. ...
What is leverage in forex trading?
Leverage in forex is like a “loan” that the broker gives the trader so that the trader has more capital to trade with than what they initially deposited. It’s represented in the form of a ratio. Some ...
What is forex?
Forex (or FX) stands for Foreign Exchange, which is the “place” where currencies are traded. In this market, exchanging one currency for another is called currency trading, which is always done in ...
What is your equity?
When trading, it’s not unusual for traders who are starting out to get confused between their balance and their equity. While they can sometimes reflect the same amount, balance and equity refer to...
What is downtrend?
We’ve covered uptrend, so it’s only natural that we discuss its polar opposite: the downtrend! A downtrend is a series of successively lower tops and lower bottoms, which create a downward pattern...
What Is Margin Call?
Margin Call is a notification which lets you know that you need to deposit more money in your trading account, or close losing positions, in order to ...
What is a lot?
Currency pairs are traded in “lots”, which represent the amount of the currency pair that you are buying or selling. The three most common types o...
What is leverage in forex trading?
Leverage in forex is like a “loan” that the broker gives the trader so that the trader has more capital to trade with than what they initially dep...
What is forex?
Forex (or FX) stands for Foreign Exchange, which is the “place” where currencies are traded. In this market, exchanging one currency for anothe...
What is your equity?
When trading, it’s not unusual for traders who are starting out to get confused between their balance and their equity. While they can sometimes ...
What is downtrend?
We’ve covered uptrend, so it’s only natural that we discuss its polar opposite: the downtrend! A downtrend is a series of successively lower t...
