One of the most common mistakes made by beginners is not having a plan. A trading plan outlines the strategies and techniques that you’ll use to execute trades and manage risks. Without a plan, you’re ...

I’m a day trader. Or rather I aspire to be a day trader. Every day I trade the foreign exchange (forex) market, but, until recently, I haven’t had much success. Then I met some folks on Twitter who ...

As you may know, financial markets move up and down throughout the trading day. Because of this, some traders like to use automated ‘orders’ to enter or exit a trade when a market reaches a specific ...

Forex trading has a reputation for being complex, filled with charts, technical terms and endless market chatter. But at its heart it is surprisingly simple. You are buying one currency while selling ...

Trading with margin is a new concept for many novice market participants, and one that is often misunderstood. Margin is the minimum amount of money required to place a leveraged trade and can be a ...

I have been asked a lot of follow up questions about the lesson on futures versus the spot forex in our Forex Essentials Course. (Here's a link to the course if you ...