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FXTM Technical Analysis - 10. When to Buy or Sell
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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.

FXTM Forex Basics - 13. What is Balance?
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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.

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FXTM Trading Basics - 05. What is Buy Stop Limit?
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What is Buy Stop Limit?

Now that we know what Buy Stop and Buy Limit orders are, it’s time to find out about the pending order that combines the two. This is called the “Buy Stop Limit” and at the time of making this video, ...

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FXTM Trading Basics - 05. What is Buy Stop Limit?
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¿Qué es el límite de parada de compra?

Ahora que sabemos qué son las órdenes Buy Stop y Buy Limit, es hora de conocer la orden pendiente que combina las dos. Esto se llama "Límite de parada de compra" y, en el momento de realizar este víde...

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FXTM Forex Basics - 03. What is Bid and Ask price?
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What is bid and ask price?

The bid price is the price a forex trader is willing to sell a currency pair for. Ask price is the price a trader will buy a currency pair at. Both of these prices are given in real-time and are const...

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FXTM Forex Basics - 05. What are Base and Quote Currencies
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Base And Quote Currencies

In forex, currencies are traded in pairs. The first currency is called the base currency and the second currency is called the quote currency. So for example, EURUSD, means that the base currency is t...

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FXTM Trading Basics - 10. What is Trading Strategy based on?
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What is a trading strategy based on?

A trading system may be based on any of the three following trading concepts: Sentiment analysis Fundamental analysis Technical analysis Sentiment analysis tries to gauge the sentimen...

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FXTM Forex Basics - 10. What is a Pip's worth?
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What is a Pip’s Worth?

So far in this series of videos, we have explained what pips are, how to read currency pairs and the different types of ‘lots’. Now we need to know how to calculate the monetary value of a pip. As ...

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FREQUENTLY ASKED QUESTIONS

The best place to start is by learning as much as you can about FX and how trading works. We want you to do well, which is why trader education is one of our biggest priorities. We’ll guide you through the basics and beyond – and all for free.

Yep! We’ve got a video that looks at just that in our in–depth guide. Watch the video and read the guide here.

Just like with FX, it’s really important to learn about how the stock markets work before you get cracking. Browse through our guides here to get to grips with the basics. When you’re ready, we’ve got hundreds of major international stocks to choose from. Another plus? You can trade US stocks with zero commissions.

We can’t say what’s best for everyone, but we strongly recommend demo trading. This allows you to practice trading without risking any of your own money, as you’ll be using virtual funds. You’ll access all of the same tools and features as a live trading account, and experimenting under real–market conditions.